Palatine Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $289,900
    12% ( $30,000 ) vs Mar 2016
  • Median Sales Price
    $175,000
    0% ( $750 ) vs Mar 2016
  • Median Foreclosure Sales Price
    $132,000
    0% ( $0 ) vs Mar 2016
  • Foreclosures 233
    Homes for Sale 298
    Recently Sold 135

Market Summary

There are currently 233 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 298.

In April, the number of properties that received a foreclosure filing in Palatine, IL was 29% lower than the previous month and 41% lower than the same time last year.

Home sales for March 2017 were up 75% compared with the previous month, and down 80% compared with a year ago. The median sales price of a non-distressed home was $175,000. The median sales price of a foreclosure home was $132,000, or 25% lower than non-distressed home sales.

Sales Prices - Palatine, IL




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$132,000 (Median Foreclosure Sales Price) $132,000 (Median Foreclosure Sales Price) $115,250 (Median Foreclosure Sales Price) $115,250 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $212,000 (Median Foreclosure Sales Price) $175,000 (Median Sales Price) $174,250 (Median Sales Price) $174,250 (Median Sales Price) $174,250 (Median Sales Price) $197,000 (Median Sales Price) $252,000 (Median 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) $0 (Median Foreclosure Sales Price) $212,000 (Median Foreclosure Sales Price) $175,000 (Median Sales Price) $174,250 (Median Sales Price) $174,250 (Median Sales Price) $174,250 (Median Sales Price) $197,000 (Median Sales Price) $252,000 (Median Sales Price)
Interested in more detailed data or historic trends back to 2005?
RealtyTrac's parent company, ATTOM Data Solutions, 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
Des Plaines
25
68.4
% (y-o-y)
$189,000
3.8
% (y-o-y)
40.2%
45.1
% (y-o-y)
Schaumburg
20
81.7
% (y-o-y)
$190,000
10.6
% (y-o-y)
4.5%
39.0
% (y-o-y)
Streamwood
18
71.9
% (y-o-y)
$188,000
13.9
% (y-o-y)
23.7%
21.2
% (y-o-y)
Arlington Heights
18
76.0
% (y-o-y)
$337,500
21.0
% (y-o-y)
49.3%
36.2
% (y-o-y)
Wheeling
14
62.2
% (y-o-y)
$170,000
1.8
% (y-o-y)
Data not available
Northbrook
11
77.6
% (y-o-y)
$398,000
2.5
% (y-o-y)
Data not available
Mount Prospect
8
86.7
% (y-o-y)
$300,000
11.1
% (y-o-y)
Data not available
Elk Grove Village
6
85.7
% (y-o-y)
$278,500
42.8
% (y-o-y)
20.6%
2.7
% (y-o-y)
Buffalo Grove
5
90.6
% (y-o-y)
$256,000
7.9
% (y-o-y)
16.0%
40.2
% (y-o-y)
Rolling Meadows
5
80.8
% (y-o-y)
$148,000
19.8
% (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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