Palatine, IL Real Estate & Property Data

Palatine Real Estate Market Trends
Last Updated: April 19, 2024

Accurate and comprehensive real estate data is critical for insight into Palatine, IL. ATTOM’s Palatine real estate data is updated daily, and current market trends show that in Palatine, IL a total of 1,146 residential properties have sold over the past year. With a median home price of $431,250 in Palatine and a total of 3 foreclosures. Get detailed property data for Palatine, IL instantly. ATTOM is your one-stop-shop for the Palatine property reports and real estate data you need in Palatine, IL.

Palatine Real Estate Market Trends
Total Residential Properties 27,246
Total Commercial Properties 759
Avg. Home Age (Single Family Home) 52 Years
Avg. Square Feet (Single Family Home) 2,165
Total 2024 Residential Sales (year-to-date) 123
% of Homes Seriously Underwater (Q2 2024) 0.93%
Total 2023 Residential Sales 1,093
% of Equity Rich Homes (Q2 2024) 39.27%
Effective 2023 Property Tax 2.1%
Total Foreclosure Filings (year-to-date) 7
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Palatine, IL Real Estate Overview

There were 1,146 residential properties sold in the past year in Palatine, IL. The median home value in Palatine, IL is $337,750. There are a total of 27,246 residential properties in the Palatine.

Median Sales Price i
$431,250
(Feb 2024)
+1.5%
year-over-year
y-o-y
  • February '24 Feb '24 $431,250
  • January '24 Jan '24 $497,500
  • December '23 Dec '23 $390,000
  • November '23 Nov '23 $415,000
  • October '23 Oct '23 $410,000
  • September '23 Sep '23 $435,000
  • August '23 Aug '23 $479,500
  • July '23 Jul '23 $512,500
  • June '23 Jun '23 $438,750
  • May '23 May '23 $435,000
  • April '23 Apr '23 $437,500
  • March '23 Mar '23 $425,000
Median Down Payment i
$63,835
(Feb 2024)
+9.7%
year-over-year
y-o-y
  • February '24 Feb '24 $63,835
  • January '24 Jan '24 $82,790
  • December '23 Dec '23 $58,400
  • November '23 Nov '23 $75,600
  • October '23 Oct '23 $79,500
  • September '23 Sep '23 $68,000
  • August '23 Aug '23 $74,700
  • July '23 Jul '23 $95,000
  • June '23 Jun '23 $61,380
  • May '23 May '23 $77,722
  • April '23 Apr '23 $91,915
  • March '23 Mar '23 $31,375
Number of Homes Sold i
56
(Feb 2024)
+24.4%
year-over-year
y-o-y
  • February '24 Feb '24 56
  • January '24 Jan '24 67
  • December '23 Dec '23 88
  • November '23 Nov '23 74
  • October '23 Oct '23 74
  • September '23 Sep '23 111
  • August '23 Aug '23 104
  • July '23 Jul '23 97
  • June '23 Jun '23 116
  • May '23 May '23 121
  • April '23 Apr '23 84
  • March '23 Mar '23 109
Number of Purchase Loans i
38
(Feb 2024)
+22.6%
year-over-year
y-o-y
  • February '24 Feb '24 38
  • January '24 Jan '24 50
  • December '23 Dec '23 65
  • November '23 Nov '23 50
  • October '23 Oct '23 53
  • September '23 Sep '23 85
  • August '23 Aug '23 69
  • July '23 Jul '23 73
  • June '23 Jun '23 76
  • May '23 May '23 100
  • April '23 Apr '23 63
  • March '23 Mar '23 71
Number of REFI Loans i
11
(Feb 2024)
-45%
year-over-year
y-o-y
  • February '24 Feb '24 11
  • January '24 Jan '24 11
  • December '23 Dec '23 24
  • November '23 Nov '23 14
  • October '23 Oct '23 26
  • September '23 Sep '23 12
  • August '23 Aug '23 13
  • July '23 Jul '23 15
  • June '23 Jun '23 26
  • May '23 May '23 19
  • April '23 Apr '23 19
  • March '23 Mar '23 12
Number of HELOC Loans i
11
(Feb 2024)
-31.2%
year-over-year
y-o-y
  • February '24 Feb '24 11
  • January '24 Jan '24 13
  • December '23 Dec '23 15
  • November '23 Nov '23 26
  • October '23 Oct '23 24
  • September '23 Sep '23 14
  • August '23 Aug '23 24
  • July '23 Jul '23 15
  • June '23 Jun '23 20
  • May '23 May '23 16
  • April '23 Apr '23 28
  • March '23 Mar '23 18

Palatine, IL Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value

Palatine, IL Foreclosure Activity

There were a total of 3 Palatine, IL properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
3
(Feb 2024)
-40%
year-over-year
y-o-y
  • February '24 Feb '24 3
  • January '24 Jan '24 4
  • December '23 Dec '23 4
  • November '23 Nov '23 1
  • October '23 Oct '23 4
  • September '23 Sep '23 1
  • August '23 Aug '23 2
  • July '23 Jul '23 6
  • June '23 Jun '23 6
  • May '23 May '23 11
  • April '23 Apr '23 4
  • March '23 Mar '23 5
Foreclosure Starts i
2
(Feb 2024)
-50%
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 3
  • December '23 Dec '23 3
  • November '23 Nov '23 N/A
  • October '23 Oct '23 1
  • September '23 Sep '23 1
  • August '23 Aug '23 1
  • July '23 Jul '23 3
  • June '23 Jun '23 3
  • May '23 May '23 9
  • April '23 Apr '23 3
  • March '23 Mar '23 3
Completed Foreclosures (REOs) i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 2
  • December '23 Dec '23 N/A
  • November '23 Nov '23 1
  • October '23 Oct '23 2
  • September '23 Sep '23 N/A
  • August '23 Aug '23 1
  • July '23 Jul '23 1
  • June '23 Jun '23 1
  • May '23 May '23 2
  • April '23 Apr '23 1
  • March '23 Mar '23 1
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