Why Live in Reseda
Reseda, located just outside the village of Palatine, offers a suburban lifestyle with the convenience of proximity to Chicago. The neighborhood features narrow streets lined with old-growth oaks and a mix of Colonial-revival and split-level homes, many built in the 1970s. Some homes may require upgrades, but the community's charm and quiet atmosphere make it appealing. Reseda is served by the highly rated Community Consolidated School District 15, including Lincoln and Virginia Lake Elementary, Walter R. Sundling Junior High School, and Palatine High School, which has received the Department of Education’s Blue Ribbon Award twice. Outdoor enthusiasts will appreciate the Palatine Trail, Gbur Sports Fields, Hamilton Reservoir, and Deer Grove Forest Preserve, which offer various recreational activities. Local dining options include the family-owned Palatine Inn, Chiggy’s Gyros, Pizza Bella, and Annie’s Restaurant & Pancake House. For shopping, residents frequent Palatine Plaza and Deer Grove Centre. Public transit via the Metra train provides easy access to Chicago, while NorthWest Community Hospital is just 4 miles away, and O’Hare International Airport is 16 miles away. Community events such as Street Fest, Hometown Fest, and Oktoberfest foster a strong sense of community. Reseda's crime rate is lower than the national average, contributing to its appeal for families and individuals alike.
Home Trends in Reseda, IL
On average, homes in Reseda, Palatine sell after 16 days on the market compared to the national average of 51 days. The median sale price for homes in Reseda, Palatine over the last 12 months is $291,500, up 18% from the median home sale price over the previous 12 months.
Median Sale Price
$291,500
Median Single Family Sale Price
$515,000
Median Townhouse Sale Price
$275,000
Median 2 Bedroom Sale Price
$198,950
Median 1 Bedroom Sale Price
$159,950
Average Price Per Sq Ft
$219
Number of Homes for Sale
13
Last 12 months Home Sales
57
Median List Price
$276,950
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
18%