Housing in Palos Park, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$560,000
Median List Price
$687,436
Price Per Sq Ft
$207
Days on Market
62
Active Inventory
10
Months of Supply
2.0
Seller's market
Zillow Home Value
$508,689
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
92.5%
Buyer's market
Market Activity
Source: RedfinHomes Sold
5
New Listings
4
Pending Sales
2
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$207
Median List $/SF
$265
Palos Park vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Palos Park is highlighted.
Median Home Value
Median Price Per Sq Ft
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$469,900
Median Rent
N/A
Total Housing Units
2,208
Vacancy Rate
7.1%
Owner Occupied
90.0%
Renter Occupied
10.0%
Median Property Tax
$9,064
per year
Monthly Cost (w/ Mortgage)
$1,644
Housing Types
The current median sale price in Palos Park, IL is $560,000 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 2.0 months of supply. The median price per square foot is $207. About 90.0% of housing units are owner-occupied. The median year homes were built is 1974. There are 2,208 total housing units.