Palos Hills, IL Home Values & Market Trends
Real estate market trends reflect that there have been 378 transactions over the past year in Palos Hills. The median value for residential home transactions that occurred over the previous year is $246,404.84. The number of current listings in Palos Hills is 12, and the percentage of properties for sale in the city is 12.00%. Palos Hills, IL currently has 22 properties in foreclosure, 0 bank owned properties, 3 properties headed for auction, and 12 properties for sale.
Palos Hills, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 60465 | $ 349,074 $ 166/sqft |
Housing Market Summary for Palos Hills, IL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $374.9K | $216.7K | -42.19% |
| Median Sold Price | $207.7K | $216.7K | 4.37% |
| Homes For Sale | 5 | 7 | 40.00% |
| Homes Sold | 186 | 165 | -11.29% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Palos Hills, IL
Browse Homes in Palos Hills, IL
Palos Hills home values range from $35,270 to $1,499,653. The median estimated value of a home in Palos Hills is $246,404.84. The median list price of a home is 378,950, and the total count of properties in the city is 7,217.
- Pre-ForeclosurePre-foreclosure homes account for 0.26% of all residential properties in Palos Hills, IL with 60465 containing 19 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Palos Hills, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $437,750 in 60465 to the lowest home value of $85,840 in 60465.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Palos Hills, IL ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Palos Hills, IL. There is 1 zips within Palos Hills, IL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions60465 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Palos Hills, IL. Auction homes and other auction properties account for 0.04% of all properties in Palos Hills, IL. There is 1 zips within Palos Hills, IL; of that zips, the median estimated home value for homes going to auction ranges from $485,071 in 60465 to the lowest value of $233,946 in 60465.
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