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Palos Heights, IL 60463 Real Estate & Property Data

Palos Heights, IL 60463 Real Estate Market Trends

Last Updated: April 29, 2024

A total of 253 residential properties have been sold over the past 12 months in 60463. With a median sales price of $456,250 in 60463 and a total of 1 foreclosures in Palos Heights, IL 60463. Discover market trends and get the granular level real estate data for Palos Heights, IL 60463 to keep your pulse on the housing market. Curate compelling home reports for Palos Heights, IL 60463 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Palos Heights, IL 60463 Real Estate Market Trends

Get property data for any address in Palos Heights, IL 60463 or the country:

Total Residential Properties 5,825

Total Commercial Properties 248

Avg. Home Age (Single Family Home) 58 Years

Avg. Square Feet (Single Family Home) 2,078

Total 2024 Residential Sales (year-to-date) 26

% of Homes Seriously Underwater (Q2 2024) 0.93%

Total 2023 Residential Sales 240

% of Equity Rich Homes (Q2 2024) 40.35%

Effective 2023 Property Tax 1.93%

Total Foreclosure Filings (year-to-date) 1

Palos Heights, IL 60463 Real Estate Overview

There were 253 residential properties sold in the past year in Palos Heights, IL 60463. The median home value in Palos Heights, IL 60463 is $349,956. There are a total of 5,825 residential properties in the 60463.

Median Sales Price i

$456,250

(Feb 2024)

+23.5%

year-over-year

y-o-y

February '24 Feb '24 $456,250
January '24 Jan '24 $417,500
December '23 Dec '23 $381,750
November '23 Nov '23 $382,000
October '23 Oct '23 $567,500
September '23 Sep '23 $435,000
August '23 Aug '23 $370,000
July '23 Jul '23 $385,000
June '23 Jun '23 $385,000
May '23 May '23 $351,250
April '23 Apr '23 $381,250
March '23 Mar '23 $280,000

Median Down Payment i

$89,746

(Feb 2024)

+820.5%

year-over-year

y-o-y

February '24 Feb '24 $89,746
January '24 Jan '24 $56,825
December '23 Dec '23 $48,650
November '23 Nov '23 $94,000
October '23 Oct '23 $126,000
September '23 Sep '23 $102,000
August '23 Aug '23 $70,080
July '23 Jul '23 $36,000
June '23 Jun '23 $54,100
May '23 May '23 $46,500
April '23 Apr '23 $23,025
March '23 Mar '23 $16,000

Number of Homes Sold i

13

(Feb 2024)

-13.3%

year-over-year

y-o-y

February '24 Feb '24 13
January '24 Jan '24 13
December '23 Dec '23 11
November '23 Nov '23 18
October '23 Oct '23 15
September '23 Sep '23 18
August '23 Aug '23 29
July '23 Jul '23 21
June '23 Jun '23 32
May '23 May '23 26
April '23 Apr '23 20
March '23 Mar '23 22

Number of Purchase Loans i

6

(Feb 2024)

-40%

year-over-year

y-o-y

February '24 Feb '24 6
January '24 Jan '24 10
December '23 Dec '23 8
November '23 Nov '23 10
October '23 Oct '23 8
September '23 Sep '23 9
August '23 Aug '23 22
July '23 Jul '23 13
June '23 Jun '23 21
May '23 May '23 21
April '23 Apr '23 13
March '23 Mar '23 13

Number of REFI Loans i

6

(Feb 2024)

+100%

year-over-year

y-o-y

February '24 Feb '24 6
January '24 Jan '24 3
December '23 Dec '23 5
November '23 Nov '23 3
October '23 Oct '23 7
September '23 Sep '23 8
August '23 Aug '23 9
July '23 Jul '23 2
June '23 Jun '23 5
May '23 May '23 4
April '23 Apr '23 4
March '23 Mar '23 9

Number of HELOC Loans i

6

(Feb 2024)

+20%

year-over-year

y-o-y

February '24 Feb '24 6
January '24 Jan '24 7
December '23 Dec '23 5
November '23 Nov '23 3
October '23 Oct '23 9
September '23 Sep '23 6
August '23 Aug '23 3
July '23 Jul '23 2
June '23 Jun '23 11
May '23 May '23 6
April '23 Apr '23 8
March '23 Mar '23 1

Palos Heights, IL 60463 Real Estate Market Overview

Last 30 days

Street
Street
Street

1
2

Palos Heights, IL 60463 Foreclosure Activity

There were a total of 1 Palos Heights, IL 60463 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

1

(Feb 2024)

-66.7%

year-over-year

y-o-y

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

Foreclosure Starts i

1

(Feb 2024)

-50%

year-over-year

y-o-y

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

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