Palatine Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $282,300
    3% ( $7,600 ) vs Sep 2013
  • Median Sales Price
    $250,000
    1% ( $3,500 ) vs Sep 2013
  • Median Foreclosure Sales Price
    $90,000
    14% ( $14,500 ) vs Sep 2013
  • Foreclosures 521
    Homes for Sale 139
    Recently Sold 920

Market Summary

There are currently 521 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 139.

In October, the number of properties that received a foreclosure filing in Palatine, IL was 23% lower than the previous month and 33% lower than the same time last year.

Home sales for September 2014 were up 57% compared with the previous month, and up 27% compared with a year ago. The median sales price of a non-distressed home was $250,000. The median sales price of a foreclosure home was $90,000, or 64% lower than non-distressed home sales.

Sales Prices - Palatine, IL




Add this chart to your website.

$90,000 (Median Foreclosure Sales Price) $104,500 (Median Foreclosure Sales Price) $108,750 (Median Foreclosure Sales Price) $146,000 (Median Foreclosure Sales Price) $122,750 (Median Foreclosure Sales Price) $97,500 (Median Foreclosure Sales Price) $250,000 (Median Sales Price) $253,500 (Median Sales Price) $250,000 (Median Sales Price) $230,000 (Median Sales Price) $220,000 (Median Sales Price) $219,500 (Median Sales Price) $90,000 (Median Foreclosure Sales Price) $104,500 (Median Foreclosure Sales Price) $108,750 (Median Foreclosure Sales Price) $146,000 (Median Foreclosure Sales Price) $122,750 (Median Foreclosure Sales Price) $97,500 (Median Foreclosure Sales Price) $250,000 (Median Sales Price) $253,500 (Median Sales Price) $250,000 (Median Sales Price) $230,000 (Median Sales Price) $220,000 (Median Sales Price) $219,500 (Median Sales Price)
Interested in more detailed data or historic trends back to 2005?
RealtyTrac can supply you with this data through reports or a data license. Contact us now!

Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Schaumburg
180
4.3
% (y-o-y)
$205,000
6.8
% (y-o-y)
23.2%
45.9
% (y-o-y)
Arlington Heights
144
2.0
% (y-o-y)
$294,000
1.4
% (y-o-y)
72.7%
52.7
% (y-o-y)
Des Plaines
127
19.6
% (y-o-y)
$190,000
8.6
% (y-o-y)
18.4%
40.3
% (y-o-y)
Barrington
107
12.6
% (y-o-y)
$441,250
0.8
% (y-o-y)
4.5%
24.9
% (y-o-y)
Northbrook
107
40.8
% (y-o-y)
$434,000
1.5
% (y-o-y)
Data not available
Streamwood
80
5.9
% (y-o-y)
$160,000
1.3
% (y-o-y)
30.0%
27.2
% (y-o-y)
Mount Prospect
76
17.4
% (y-o-y)
$262,250
8.8
% (y-o-y)
46.6%
37.6
% (y-o-y)
Buffalo Grove
66
17.5
% (y-o-y)
$285,000
3.2
% (y-o-y)
35.4%
59.7
% (y-o-y)
Lake Zurich
62
30.3
% (y-o-y)
$375,000
6.3
% (y-o-y)
26.4%
43.4
% (y-o-y)
Elk Grove Village
60
20.0
% (y-o-y)
$208,000
3.3
% (y-o-y)
40.5%
30.2
% (y-o-y)

Local Info For Palatine

Population:
67,414
Cost of Living Index: 117.94
Crime Index: 27.16     Rating: A View crime details
Schools: 14    Average School Rating: B View individual school rating
Household Median Income: $74,060
Unemployment: 4.40%
Percentage of vacant homes: 6.63%