Palatine Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $279,900
    9% ( $22,400 ) vs Jan 2016
  • Median Sales Price
    $173,500
    0% ( $0 ) vs Jan 2016
  • Median Foreclosure Sales Price
    $103,500
    0% ( $0 ) vs Jan 2016
  • Foreclosures 293
    Homes for Sale 239
    Recently Sold 136

Market Summary

There are currently 293 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 239.

In February, the number of properties that received a foreclosure filing in Palatine, IL was 3% higher than the previous month and 26% lower than the same time last year.

Home sales for January 2017 were up 0% compared with the previous month, and down 75% compared with a year ago. The median sales price of a non-distressed home was $173,500. The median sales price of a foreclosure home was $103,500, or 40% lower than non-distressed home sales.

Sales Prices - Palatine, IL




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$103,500 (Median Foreclosure Sales Price) $103,500 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $212,000 (Median Foreclosure Sales Price) $169,500 (Median Foreclosure Sales Price) $199,000 (Median Foreclosure Sales Price) $173,500 (Median Sales Price) $173,500 (Median Sales Price) $196,000 (Median Sales Price) $252,000 (Median Sales Price) $278,000 (Median Sales Price) $273,250 (Median Sales Price) $103,500 (Median Foreclosure Sales Price) $103,500 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $212,000 (Median Foreclosure Sales Price) $169,500 (Median Foreclosure Sales Price) $199,000 (Median Foreclosure Sales Price) $173,500 (Median Sales Price) $173,500 (Median Sales Price) $196,000 (Median Sales Price) $252,000 (Median Sales Price) $278,000 (Median Sales Price) $273,250 (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
Streamwood
19
61.2
% (y-o-y)
$184,000
10.8
% (y-o-y)
33.2%
33.7
% (y-o-y)
Schaumburg
18
78.0
% (y-o-y)
$179,000
17.5
% (y-o-y)
Data not available
Des Plaines
18
73.5
% (y-o-y)
$218,000
36.3
% (y-o-y)
32.3%
30.5
% (y-o-y)
Arlington Heights
14
72.0
% (y-o-y)
$367,500
28.9
% (y-o-y)
74.1%
44.1
% (y-o-y)
Rolling Meadows
10
37.5
% (y-o-y)
$169,000
17.6
% (y-o-y)
Data not available
Northbrook
9
78.0
% (y-o-y)
$282,500
32.7
% (y-o-y)
Data not available
Buffalo Grove
8
81.4
% (y-o-y)
$307,000
6.6
% (y-o-y)
Data not available
Elk Grove Village
8
65.2
% (y-o-y)
$256,250
28.1
% (y-o-y)
Data not available
Deerfield
7
61.1
% (y-o-y)
$454,900
49.1
% (y-o-y)
Data not available
Barrington
7
82.5
% (y-o-y)
$475,000
11.6
% (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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