Parkland Ridge, Champaign, IL
Parkland Ridge — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Parkland Ridge, Champaign, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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Parkland Ridge Neighborhood Overview
Parkland Ridge is a residential neighborhood located in Champaign, Illinois, within the 61820 ZIP code. It offers a quiet, suburban atmosphere with convenient access to the amenities of a vibrant college city. The area is characterized by its affordability and community-focused feel.
Lifestyle & Amenities
Residents enjoy a peaceful living environment with nearby parks and green spaces for recreation. The neighborhood's location provides relatively easy access to shopping centers, dining options, and essential services in Champaign. Its setting balances residential tranquility with urban convenience.
Real Estate Market
The real estate in Parkland Ridge is notably affordable, with a Census median home value of $156,600. Current market data indicates a price per square foot of approximately $151.4, reflecting its value-oriented position within the Champaign housing market.
Schools & Education
Parkland Ridge is served by the Champaign Unit 4 School District, which operates several schools in the area. Families have access to the district's educational programs and resources. The neighborhood is also in proximity to Parkland College, a major community college.
Transportation & Connectivity
The neighborhood is well-connected by major roads, facilitating commutes to the University of Illinois campus, downtown Champaign, and neighboring Urbana. Public transportation options are available through the Champaign-Urbana Mass Transit District. Its central location in Champaign County makes regional travel straightforward.
Why Choose Parkland Ridge
Parkland Ridge is an excellent choice for homebuyers seeking an affordable entry into the Champaign market, particularly students, young professionals, and budget-conscious families. It offers a balance of quiet suburban living with the cultural and economic benefits of a university city. The combination of low median home values and solid connectivity presents a compelling value proposition.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
Parkland Ridge Market Data
| Metric | Value |
|---|---|
| Median Home Price | $157K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $33K |
| Homeownership Rate | 21.7% |
| Renter-Occupied | 78.3% |
| Rental Vacancy Rate | 11.6% |
| Market Type | Buyer's |
| Market Tier | Affordable |
| Primary ZIP Code | 61820 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 262,923 |
| VA Loan Originations | 10,875 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $270K |
| Conventional Loan Originations | 219,732 |
| FHA Loan Originations | 32,316 |
Top Real Estate Agents in Parkland Ridge, Champaign
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Parkland Ridge, Champaign, IL. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Illinois Department of Financial and Professional Regulation (IDFPR) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-15