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Palos Park, IL Real Estate & Property Data

Palos Park Real Estate Market Trends

Last Updated: April 25, 2024

Accurate and comprehensive real estate data is critical for insight into Palos Park, IL. ATTOM’s Palos Park real estate data is updated daily, and current market trends show that in Palos Park, IL a total of 143 residential properties have sold over the past year. With a median home price of $755,000 in Palos Park and a total of 1 foreclosures. Get detailed property data for Palos Park, IL instantly. ATTOM is your one-stop-shop for the Palos Park property reports and real estate data you need in Palos Park, IL.

Palos Park Real Estate Market Trends

Get property data for any address in Palos Park, IL or the country:

Total Residential Properties 3,690

Total Commercial Properties 70

Avg. Home Age (Single Family Home) 49 Years

Avg. Square Feet (Single Family Home) 2,677

Total 2024 Residential Sales (year-to-date) 24

% of Homes Seriously Underwater (Q2 2024) 1%

Total 2023 Residential Sales 131

% of Equity Rich Homes (Q2 2024) 42.12%

Effective 2023 Property Tax 1.74%

Total Foreclosure Filings (year-to-date) 4

Palos Park, IL Real Estate Overview

There were 143 residential properties sold in the past year in Palos Park, IL. The median home value in Palos Park, IL is $477,817. There are a total of 3,690 residential properties in the Palos Park.

Median Sales Price i

$755,000

(Feb 2024)

-5.6%

year-over-year

y-o-y

February '24 Feb '24 $755,000
January '24 Jan '24 $525,000
December '23 Dec '23 $435,000
November '23 Nov '23 $720,000
October '23 Oct '23 $500,000
September '23 Sep '23 $507,000
August '23 Aug '23 $690,000
July '23 Jul '23 $587,500
June '23 Jun '23 $561,000
May '23 May '23 $565,000
April '23 Apr '23 $745,000
March '23 Mar '23 $615,000

Median Down Payment i

$103,750

(Feb 2024)

-33.5%

year-over-year

y-o-y

February '24 Feb '24 $103,750
January '24 Jan '24 $64,797
December '23 Dec '23 $129,000
November '23 Nov '23 $192,000
October '23 Oct '23 $89,000
September '23 Sep '23 $109,700
August '23 Aug '23 $50,000
July '23 Jul '23 $149,000
June '23 Jun '23 $56,100
May '23 May '23 $56,500
April '23 Apr '23 $149,000
March '23 Mar '23 $139,000

Number of Homes Sold i

12

(Feb 2024)

+100%

year-over-year

y-o-y

February '24 Feb '24 12
January '24 Jan '24 12
December '23 Dec '23 14
November '23 Nov '23 17
October '23 Oct '23 14
September '23 Sep '23 9
August '23 Aug '23 13
July '23 Jul '23 8
June '23 Jun '23 7
May '23 May '23 14
April '23 Apr '23 10
March '23 Mar '23 7

Number of Purchase Loans i

8

(Feb 2024)

+60%

year-over-year

y-o-y

February '24 Feb '24 8
January '24 Jan '24 6
December '23 Dec '23 9
November '23 Nov '23 8
October '23 Oct '23 8
September '23 Sep '23 6
August '23 Aug '23 8
July '23 Jul '23 9
June '23 Jun '23 3
May '23 May '23 7
April '23 Apr '23 5
March '23 Mar '23 5

Number of REFI Loans i

6

(Feb 2024)

+100%

year-over-year

y-o-y

February '24 Feb '24 6
January '24 Jan '24 N/A
December '23 Dec '23 5
November '23 Nov '23 N/A
October '23 Oct '23 2
September '23 Sep '23 2
August '23 Aug '23 N/A
July '23 Jul '23 3
June '23 Jun '23 6
May '23 May '23 2
April '23 Apr '23 5
March '23 Mar '23 N/A

Number of HELOC Loans i

4

(Feb 2024)

+100%

year-over-year

y-o-y

February '24 Feb '24 4
January '24 Jan '24 4
December '23 Dec '23 2
November '23 Nov '23 3
October '23 Oct '23 5
September '23 Sep '23 2
August '23 Aug '23 3
July '23 Jul '23 2
June '23 Jun '23 4
May '23 May '23 3
April '23 Apr '23 4
March '23 Mar '23 4

Palos Park, IL Real Estate Market Overview

Last 30 days

Zip
Median Est. Value

60464
$477,817 $178.48/sqft

Palos Park, IL Foreclosure Activity

There were a total of 1 Palos Park, IL properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

1

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 1
January '24 Jan '24 3
December '23 Dec '23 1
November '23 Nov '23 N/A
October '23 Oct '23 1
September '23 Sep '23 1
August '23 Aug '23 1
July '23 Jul '23 1
June '23 Jun '23 2
May '23 May '23 2
April '23 Apr '23 1
March '23 Mar '23 N/A

Foreclosure Starts i

February '24 Feb '24 N/A
January '24 Jan '24 2
December '23 Dec '23 1
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 1
August '23 Aug '23 1
July '23 Jul '23 1
June '23 Jun '23 2
May '23 May '23 2
April '23 Apr '23 1
March '23 Mar '23 N/A

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 1
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 N/A

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