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Palos Hills, IL Real Estate & Property Data

Palos Hills Real Estate Market Trends

Last Updated: April 24, 2024

Accurate and comprehensive real estate data is critical for insight into Palos Hills, IL. ATTOM’s Palos Hills real estate data is updated daily, and current market trends show that in Palos Hills, IL a total of 309 residential properties have sold over the past year. With a median home price of $435,000 in Palos Hills and a total of 2 foreclosures. Get detailed property data for Palos Hills, IL instantly. ATTOM is your one-stop-shop for the Palos Hills property reports and real estate data you need in Palos Hills, IL.

Palos Hills Real Estate Market Trends

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

Total Residential Properties 7,218

Total Commercial Properties 207

Avg. Home Age (Single Family Home) 51 Years

Avg. Square Feet (Single Family Home) 1,730

Total 2024 Residential Sales (year-to-date) 41

% of Homes Seriously Underwater (Q2 2024) 0.57%

Total 2023 Residential Sales 287

% of Equity Rich Homes (Q2 2024) 36.09%

Effective 2023 Property Tax 1.64%

Total Foreclosure Filings (year-to-date) 3

Palos Hills, IL Real Estate Overview

There were 309 residential properties sold in the past year in Palos Hills, IL. The median home value in Palos Hills, IL is $246,439. There are a total of 7,218 residential properties in the Palos Hills.

Median Sales Price i

$435,000

(Feb 2024)

+90.8%

year-over-year

y-o-y

February '24 Feb '24 $435,000
January '24 Jan '24 $397,500
December '23 Dec '23 $432,500
November '23 Nov '23 $420,000
October '23 Oct '23 $348,000
September '23 Sep '23 $527,500
August '23 Aug '23 $305,000
July '23 Jul '23 $370,000
June '23 Jun '23 $375,500
May '23 May '23 $345,000
April '23 Apr '23 $395,500
March '23 Mar '23 $400,000

Median Down Payment i

$69,000

(Feb 2024)

+144%

year-over-year

y-o-y

February '24 Feb '24 $69,000
January '24 Jan '24 $83,500
December '23 Dec '23 $108,375
November '23 Nov '23 $150,000
October '23 Oct '23 $13,350
September '23 Sep '23 $105,500
August '23 Aug '23 $56,600
July '23 Jul '23 $39,297
June '23 Jun '23 $106,800
May '23 May '23 $30,000
April '23 Apr '23 $92,100
March '23 Mar '23 $89,250

Number of Homes Sold i

17

(Feb 2024)

+88.9%

year-over-year

y-o-y

February '24 Feb '24 17
January '24 Jan '24 24
December '23 Dec '23 15
November '23 Nov '23 22
October '23 Oct '23 27
September '23 Sep '23 25
August '23 Aug '23 30
July '23 Jul '23 26
June '23 Jun '23 31
May '23 May '23 21
April '23 Apr '23 30
March '23 Mar '23 32

Number of Purchase Loans i

15

(Feb 2024)

+114.3%

year-over-year

y-o-y

February '24 Feb '24 15
January '24 Jan '24 23
December '23 Dec '23 10
November '23 Nov '23 14
October '23 Oct '23 22
September '23 Sep '23 20
August '23 Aug '23 26
July '23 Jul '23 23
June '23 Jun '23 22
May '23 May '23 14
April '23 Apr '23 20
March '23 Mar '23 19

Number of REFI Loans i

5

(Feb 2024)

+25%

year-over-year

y-o-y

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

Number of HELOC Loans 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 3
November '23 Nov '23 2
October '23 Oct '23 3
September '23 Sep '23 4
August '23 Aug '23 3
July '23 Jul '23 1
June '23 Jun '23 3
May '23 May '23 4
April '23 Apr '23 3
March '23 Mar '23 6

Palos Hills, IL Real Estate Market Overview

Last 30 days

Zip
Median Est. Value

60465
$246,439 $142.42/sqft

Palos Hills, IL Foreclosure Activity

There were a total of 2 Palos Hills, IL properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

2

(Feb 2024)

-60%

year-over-year

y-o-y

February '24 Feb '24 2
January '24 Jan '24 1
December '23 Dec '23 N/A
November '23 Nov '23 2
October '23 Oct '23 2
September '23 Sep '23 2
August '23 Aug '23 N/A
July '23 Jul '23 2
June '23 Jun '23 3
May '23 May '23 5
April '23 Apr '23 2
March '23 Mar '23 4

Foreclosure Starts i

1

(Feb 2024)

-75%

year-over-year

y-o-y

February '24 Feb '24 1
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 1
October '23 Oct '23 1
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 4
April '23 Apr '23 2
March '23 Mar '23 3

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 2
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 1
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 N/A

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