Palos Heights, IL Home Values & Market Trends
Real estate market trends reflect that there have been 230 transactions over the past year in Palos Heights. The median value for residential home transactions that occurred over the previous year is $349,856.05. The number of current listings in Palos Heights is 11, and the percentage of properties for sale in the city is 11.00%. Palos Heights, IL currently has 12 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 11 properties for sale.
Palos Heights, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 60463 | $ 379,900 $ 176/sqft |
Housing Market Summary for Palos Heights, IL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $349.9K | $356.3K | 1.83% |
| Median Sold Price | $334K | $356.3K | 6.68% |
| Homes For Sale | 5 | 5 | - |
| Homes Sold | 185 | 124 | -32.97% |
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 Heights, IL
Browse Homes in Palos Heights, IL
Palos Heights home values range from $50,831 to $2,120,066. The median estimated value of a home in Palos Heights is $349,856.05. The median list price of a home is 379,900, and the total count of properties in the city is 5,810.
- Pre-ForeclosurePre-foreclosure homes account for 0.19% of all residential properties in Palos Heights, IL with 60463 containing 11 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Palos Heights, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $501,359 in 60463 to the lowest home value of $236,800 in 60463.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Palos Heights, 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 Heights, IL. There is 1 zips within Palos Heights, IL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions60463 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Palos Heights, IL. Auction homes and other auction properties account for 0.02% of all properties in Palos Heights, IL. There is 1 zips within Palos Heights, IL; of that zips, the median estimated home value for homes going to auction ranges from $353,739 in 60463 to the lowest value of $353,739 in 60463.
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