Palatine, IL—60074
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$293,000
2.6% YoY Growth
Household Income
$81,900
20.5% YoY Growth
Days on Market
52
7.0% Longer YoY
Home Price Forecast
1.6%
Median Rent
$1,850
4.0% YoY Growth
1-Bed Rent
$1,550
3.4% YoY Growth
2-Bed Rent
$1,850
1.6% YoY Growth
3-Bed Rent
$3,000
0.3% YoY Growth
Other Zip Codes in Palatine, IL
Home Price Trends — Palatine, IL
As of Dec '25, the median home price in Palatine, IL is $293,000, with a year-over-year change of 2.6%. This indicates that home prices in Palatine, IL are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $293,000 | 2.6% |
| Single Family | $400,000 | 3.9% |
| Condos | $207,000 | 4.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |