Why Live in Colonial Heights
Colonial Heights in Palos Heights is a residential neighborhood located about 20 miles southwest of Chicago. Known for its spacious lots and tree-lined streets, the area offers a peaceful suburban lifestyle with the convenience of Downtown Palos Heights' shops and restaurants nearby. The neighborhood is easily accessible via U.S. Routes 43 and 83. Homes in Colonial Heights are predominantly large and well-maintained, featuring styles such as brick ranch-style, Cape Cods, and split levels, with many built in the 1950s and 1960s and some newer constructions from the past 20 years. The local schools are highly rated, with Palos East Elementary School, Palos South Middle School, and Amos Alonzo Stagg High School all receiving high marks. Community Park, a 34-acre green space, offers various outdoor amenities including tennis courts, softball and baseball fields, a disc golf course, a picnic shelter, and a playground. The Palos Heights Swimming Pool, located just north of the park, features water slides and a diving board. For groceries, residents frequent Jewel-Osco and Frangella Italian Market, which also offers pre-made Italian meals. Dining options include Tried and Tru Eatery and Jullianni’s Pizza, known for its deep dish and inviting atmosphere. The neighborhood is safer than the national average, making it a practical choice for families. For commuting, the Palos Park Metra Station provides a convenient route to Chicago in under 50 minutes.
Frequently Asked Questions
Is Colonial Heights a good place to live?
Colonial Heights is a good place to live. Colonial Heights is considered car-dependent and bikeable. Colonial Heights is a suburban neighborhood. Colonial Heights has 6 parks for recreational activities. It is fairly sparse in population with 3.4 people per acre and a median age of 52. The average household income is $129,994 which is above the national average. College graduates make up 43.8% of residents. A majority of residents in Colonial Heights are home owners, with 6.4% of residents renting and 93.6% of residents owning their home. A
local real estate agent serving Colonial Heights can help you decide if this neighborhood is the right one for you. Learn more on our
Colonial Heights neighborhood guide.
How much do you need to make to afford a house in Colonial Heights?
The median home price in Colonial Heights is $419,900. If you put a 20% down payment of $84,000 and had a 30-year fixed mortgage with an interest rate of 6.35%, your estimated principal and interest payment would be $2,090 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $90K a year to afford the median home price in Colonial Heights. The average household income in Colonial Heights is $130K.
What are the best public schools in Colonial Heights?
The best public schools that serve Colonial Heights are:
What are the best private schools in Colonial Heights?
The best private schools that serve Colonial Heights are:
What are the most popular zip codes in Colonial Heights, Palos Heights, IL?
What are the most popular neighborhoods near Colonial Heights, Palos Heights, IL?
Home Trends in Colonial Heights, IL
On average, homes in Colonial Heights, Palos Heights sell after 13 days on the market compared to the national average of 52 days. The median sale price for homes in Colonial Heights, Palos Heights over the last 12 months is $395,000, down 1% from the median home sale price over the previous 12 months.
Median Sale Price
$395,000
Median Single Family Sale Price
$417,450
Average Price Per Sq Ft
$210
Number of Homes for Sale
1
Last 12 months Home Sales
13
Median List Price
$419,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-1%