Palatine Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $319,900
    4% ( $12,450 ) vs May 2016
  • Median Sales Price
    $215,000
    21% ( $37,500 ) vs May 2016
  • Median Foreclosure Sales Price
    NO DATA
  • Foreclosures 226
    Homes for Sale 450
    Recently Sold 137

Market Summary

There are currently 226 properties in Palatine, IL that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 450.

In June, the number of properties that received a foreclosure filing in Palatine, IL was 39% lower than the previous month and 60% lower than the same time last year.

Home sales for May 2017 were up 0% compared with the previous month, and down 6% compared with a year ago. The median sales price of a non-distressed home was $215,000. The median sales price of a foreclosure home was $0, or 0% higher than non-distressed home sales.

Sales Prices - Palatine, IL


  • Foreclosure Discount
    NOT AVAILABLE


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$0 (Median Foreclosure Sales Price) $145,000 (Median Foreclosure Sales Price) $132,000 (Median Foreclosure Sales Price) $132,000 (Median Foreclosure Sales Price) $115,250 (Median Foreclosure Sales Price) $115,250 (Median Foreclosure Sales Price) $215,000 (Median Sales Price) $177,500 (Median Sales Price) $175,000 (Median Sales Price) $174,250 (Median Sales Price) $174,250 (Median Sales Price) $174,250 (Median Sales Price) $0 (Median Foreclosure Sales Price) $145,000 (Median Foreclosure Sales Price) $132,000 (Median Foreclosure Sales Price) $132,000 (Median Foreclosure Sales Price) $115,250 (Median Foreclosure Sales Price) $115,250 (Median Foreclosure Sales Price) $215,000 (Median Sales Price) $177,500 (Median Sales Price) $175,000 (Median Sales Price) $174,250 (Median Sales Price) $174,250 (Median Sales Price) $174,250 (Median Sales Price)
Interested in more detailed data or historic trends back to 2005?
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Arlington Heights
25
25.0
% (y-o-y)
$337,500
12.5
% (y-o-y)
Data not available
Streamwood
21
27.6
% (y-o-y)
$194,000
13.5
% (y-o-y)
Data not available
Schaumburg
20
35.5
% (y-o-y)
$238,500
2.0
% (y-o-y)
Data not available
Des Plaines
19
36.7
% (y-o-y)
$202,250
3.7
% (y-o-y)
Data not available
Vernon Hills
16
5.9
% (y-o-y)
$301,500
6.6
% (y-o-y)
Data not available
Buffalo Grove
14
12.5
% (y-o-y)
$279,500
6.8
% (y-o-y)
Data not available
Wheeling
11
77.1
% (y-o-y)
$162,500
0.3
% (y-o-y)
Data not available
Northbrook
11
38.9
% (y-o-y)
$531,000
32.8
% (y-o-y)
Data not available
Elk Grove Village
10
42.9
% (y-o-y)
$245,500
20.2
% (y-o-y)
Data not available
Rolling Meadows
9
18.2
% (y-o-y)
$215,000
11.4
% (y-o-y)
Data not available

Local Info For Palatine

Population:
67,414
Cost of Living Index: 117.94
Crime Index: 14.46     Rating: A+ View crime details
Schools: 14    Average School Rating: B View individual school rating
Household Median Income: $74,060
Unemployment: 4.50%
Percentage of vacant homes: 6.63%

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