Why Live in Palos Hills
Palos Hills, Illinois, located 40 minutes southwest of Downtown Chicago, is a small city known for its expansive nature preserves and low municipal tax rates. The area features 15,000 acres of forested preserves, including the Palos Preserves, which offer over 40 miles of trails for hiking, mountain biking, and cross-country skiing. The preserves are also recognized as an “Urban Night Sky Place” by the International Dark-Sky Association, providing a unique stargazing experience. The Palos Hills Golf Course, a nine-hole, par 35 course, is available for public use with adult leagues and tournaments. Housing options in Palos Hills range from brick bungalows and sprawling ranches to modern traditional builds, with prices for homes typically between $300,000 and $500,000, and townhouses and condos ranging from $150,000 to $400,000. The city is served by highly rated schools, including Sorrick Elementary School, Oak Ridge Elementary School, H. H. Conrady Junior High School, and Amos Alonzo Stagg High School, which is noted for its academic and athletic programs. Residents enjoy a variety of dining and shopping options, such as Peppo’s Great Sub-Sandwiches, Fairplay Foods, Pete’s Fresh Market, Lassak Delicatessen, and Harlem Foods. Commuters benefit from the SouthWest Service Metra line and proximity to Interstate 55, facilitating travel to Chicago and surrounding suburbs.
Home Trends in Palos Hills, IL
On average, homes in Palos Hills, IL sell after 25 days on the market compared to the national average of 70 days. The median sale price for homes in Palos Hills, IL over the last 12 months is $245,000, up 7% from the median home sale price over the previous 12 months.
Median Sale Price
$245,000
Median Single Family Sale Price
$540,000
Median Townhouse Sale Price
$267,250
Median 2 Bedroom Sale Price
$225,000
Median 1 Bedroom Sale Price
$140,000
Average Price Per Sq Ft
$193
Number of Homes for Sale
7
Last 12 months Home Sales
112
Median List Price
$255,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
7%