Housing in Palos Heights, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$367,000
Median List Price
$329,500
Price Per Sq Ft
$190
Days on Market
62
Active Inventory
35
Months of Supply
3.2
Seller's market
Zillow Home Value
$379,447
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
46.7%
Sale-to-List Ratio
96.7%
Buyer's market
Market Activity
Source: RedfinHomes Sold
11
New Listings
21
Pending Sales
15
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$190
Median List $/SF
$207
Palos Heights vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. Palos Heights is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$350,000
Median Rent
$2,138
Total Housing Units
4,762
Vacancy Rate
5.6%
Owner Occupied
95.2%
Renter Occupied
4.8%
Median Property Tax
$7,321
per year
Monthly Cost (w/ Mortgage)
$1,676
Housing Types
The current median sale price in Palos Heights, IL is $367,000 according to Redfin data. Homes spend a median of 62 days on the market. 0.0% of homes sold above asking price. The market has 3.2 months of supply. The median price per square foot is $190. The median rent is $2,138 per month (Census ACS). About 95.2% of housing units are owner-occupied. The median year homes were built is 1976. There are 4,762 total housing units.