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Palatine, IL 60074 Real Estate & Property Data

Palatine, IL 60074 Real Estate Market Trends

Last Updated: April 28, 2024

A total of 500 residential properties have been sold over the past 12 months in 60074. With a median sales price of $398,750 in 60074 and a total of 3 foreclosures in Palatine, IL 60074. Discover market trends and get the granular level real estate data for Palatine, IL 60074 to keep your pulse on the housing market. Curate compelling home reports for Palatine, IL 60074 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Palatine, IL 60074 Real Estate Market Trends

Get property data for any address in Palatine, IL 60074 or the country:

Total Residential Properties 12,241

Total Commercial Properties 307

Avg. Home Age (Single Family Home) 56 Years

Avg. Square Feet (Single Family Home) 1,764

Total 2024 Residential Sales (year-to-date) 64

% of Homes Seriously Underwater (Q2 2024) 0.87%

Total 2023 Residential Sales 472

% of Equity Rich Homes (Q2 2024) 39.7%

Effective 2023 Property Tax 2.01%

Total Foreclosure Filings (year-to-date) 6

Palatine, IL 60074 Real Estate Overview

There were 500 residential properties sold in the past year in Palatine, IL 60074. The median home value in Palatine, IL 60074 is $262,772. There are a total of 12,241 residential properties in the 60074.

Median Sales Price i

$398,750

(Feb 2024)

+20.4%

year-over-year

y-o-y

February '24 Feb '24 $398,750
January '24 Jan '24 $397,500
December '23 Dec '23 $360,000
November '23 Nov '23 $375,000
October '23 Oct '23 $410,000
September '23 Sep '23 $372,000
August '23 Aug '23 $435,000
July '23 Jul '23 $475,000
June '23 Jun '23 $391,000
May '23 May '23 $395,000
April '23 Apr '23 $396,500
March '23 Mar '23 $400,000

Median Down Payment i

$52,375

(Feb 2024)

+40.6%

year-over-year

y-o-y

February '24 Feb '24 $52,375
January '24 Jan '24 $50,000
December '23 Dec '23 $55,000
November '23 Nov '23 $73,000
October '23 Oct '23 $82,000
September '23 Sep '23 $65,000
August '23 Aug '23 $70,000
July '23 Jul '23 $95,000
June '23 Jun '23 $49,590
May '23 May '23 $52,000
April '23 Apr '23 $50,000
March '23 Mar '23 $20,125

Number of Homes Sold i

29

(Feb 2024)

+61.1%

year-over-year

y-o-y

February '24 Feb '24 29
January '24 Jan '24 35
December '23 Dec '23 38
November '23 Nov '23 34
October '23 Oct '23 25
September '23 Sep '23 53
August '23 Aug '23 41
July '23 Jul '23 44
June '23 Jun '23 45
May '23 May '23 53
April '23 Apr '23 33
March '23 Mar '23 52

Number of Purchase Loans i

21

(Feb 2024)

+90.9%

year-over-year

y-o-y

February '24 Feb '24 21
January '24 Jan '24 26
December '23 Dec '23 26
November '23 Nov '23 24
October '23 Oct '23 23
September '23 Sep '23 39
August '23 Aug '23 28
July '23 Jul '23 34
June '23 Jun '23 33
May '23 May '23 44
April '23 Apr '23 28
March '23 Mar '23 37

Number of REFI Loans i

3

(Feb 2024)

-66.7%

year-over-year

y-o-y

February '24 Feb '24 3
January '24 Jan '24 6
December '23 Dec '23 7
November '23 Nov '23 8
October '23 Oct '23 14
September '23 Sep '23 8
August '23 Aug '23 6
July '23 Jul '23 6
June '23 Jun '23 17
May '23 May '23 11
April '23 Apr '23 8
March '23 Mar '23 10

Number of HELOC Loans i

6

(Feb 2024)

+50%

year-over-year

y-o-y

February '24 Feb '24 6
January '24 Jan '24 2
December '23 Dec '23 4
November '23 Nov '23 13
October '23 Oct '23 11
September '23 Sep '23 8
August '23 Aug '23 6
July '23 Jul '23 8
June '23 Jun '23 10
May '23 May '23 5
April '23 Apr '23 8
March '23 Mar '23 5

Palatine, IL 60074 Real Estate Market Overview

Last 30 days

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Palatine, IL 60074 Foreclosure Activity

There were a total of 3 Palatine, IL 60074 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

3

(Feb 2024)

+50%

year-over-year

y-o-y

February '24 Feb '24 3
January '24 Jan '24 3
December '23 Dec '23 1
November '23 Nov '23 N/A
October '23 Oct '23 3
September '23 Sep '23 1
August '23 Aug '23 1
July '23 Jul '23 2
June '23 Jun '23 3
May '23 May '23 7
April '23 Apr '23 1
March '23 Mar '23 N/A

Foreclosure Starts i

2

(Feb 2024)

+100%

year-over-year

y-o-y

February '24 Feb '24 2
January '24 Jan '24 2
December '23 Dec '23 1
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 1
June '23 Jun '23 2
May '23 May '23 6
April '23 Apr '23 N/A
March '23 Mar '23 N/A

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
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 N/A
July '23 Jul '23 1
June '23 Jun '23 1
May '23 May '23 1
April '23 Apr '23 1
March '23 Mar '23 N/A

Nearby Zip Codes

1. 60067

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