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Home Trends in Palatine, IL
On average, homes in Palatine, IL sell after 19 days on the market compared to the national average of 58 days. The median sale price for homes in Palatine, IL over the last 12 months is $370,000, up 7% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$370,000
Median Single Family Sale Price
$520,000
Median Townhouse Sale Price
$367,000
Median 2 Bedroom Sale Price
$235,050
Median 1 Bedroom Sale Price
$165,000
Average Price Per Sq Ft
$241
Number of Homes for Sale
77
Last 12 months Home Sales
871
Months of Supply
1.10
Median List Price
$375,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
7%
Popular Home Searches in Palatine, IL
In Palatine, buyers often seek quiet neighborhoods, classic homes, and practical amenities for everyday life.
- Looking for a suburban home base? Explore single-family homes or ranch-style homes throughout Palatine.
- Need more storage or parking? Search listings with attached garages or located on a corner lot.
- Want space to relax outside? Check out homes with a deck or a backyard for leisure and entertaining.
- Prefer a low-maintenance option? Browse condos or townhomes near downtown or the Metra station.
- Love older charm? Look for mid-century modern homes or homes with fireplaces in established neighborhoods.
Palatine Types of Homes for Sale
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