Palos Park, IL—60464
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$558,000
10.1% YoY Growth
Household Income
$126,000
44.1% YoY Growth
Days on Market
16
43.0% Shorter YoY
Home Price Forecast
2.7%
Median Rent
$5,000
95.3% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$5,000
56.2% YoY Growth
Home Price Trends — Palos Park, IL
As of May '26, the median home price in Palos Park, IL is $558,000, with a year-over-year change of 10.1%. This indicates that home prices in Palos Park, IL are increasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $558,000 | 10.1% |
| Single Family | $595,000 | 9.4% |
| Condos | $297,000 | 4.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |