Palatine, IL, Real Estate

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Palatine, Illinois, is a vibrant suburban village located about 30 miles northwest of Chicago in Cook County. With a population of roughly 67,000, Palatine offers a perfect blend of small-town charm and urban convenience, making it a popular choice for families and professionals. The village is known for its excellent schools, diverse dining options, and bustling community events, such as the Palatine Street Fest and farmers' market. Its historic downtown area features quaint shops, restaurants, and the iconic Durty Nellie’s Gastropub, a local landmark. Palatine also boasts numerous parks, trails, and recreational facilities, including the scenic Deer Grove Forest Preserve, catering to outdoor enthusiasts. With easy access to Chicago via the Metra train system, Palatine combines suburban tranquility with proximity to big-city amenities.

Palatine currently has 133 single family homes for sale with an average list price of $623,971.98, 39 townhouses for sale with an average list price of $353,533.33, 77 condos for sale with an average list price of $235,571.35, and 16 lots for sale with an average list price of $188,006.13. The average annual property tax for Palatine is $6,260.18.

Current Homes for Sale

Homes 133 for sale

Condos 77 for sale

Townhouses 39 for sale

Multi-unit 1 for sale

Lots/Land 16 for sale

Short Sales 1 for sale

Foreclosures 2 for sale

New Construction 24 for sale

Photos

16 Photos

Schools

School	District	Level	Grades
Abraham Lincoln Elementary School	Oak Park Elementary School District 97	Elementary	K-5
Central Road Elementary School	Community Consolidated School District 15	Elementary	P-6
Frank C Whiteley Elementary School	Community Consolidated School District 15	Elementary	P-6
Gary Elementary School	City Of Chicago School District 299	Elementary	P,3-8
Gray Elementary School	City Of Chicago School District 299	Elementary	P-8
Gray M Sanborn Elementary School	Community Consolidated School District 15	Elementary	K,1-6
Hunting Ridge Elementary School	Community Consolidated School District 15	Elementary	K,1-6
Isaac Fox Elementary School	Community Unit School District 95	Elementary	P-5
Jane Addams Elementary School	Community Consolidated School District 15	Elementary	P-6
Kimball Hill Elementary School	Community Consolidated School District 15	Elementary	K,1-6
Lake Louise Elementary School	Community Consolidated School District 15	Elementary	K,1-6
Lincoln Elementary School	Community Consolidated School District 15	Elementary	K,1-6
Lincoln Elementary School	Lyons School District 103	Elementary	P-5
Marion Jordan Elementary School	Community Consolidated School District 15	Elementary	K,1-6
Pleasant Hill Elementary School	Community Consolidated School District 15	Elementary	K,1-6
Prairie Elementary School	Kildeer Countryside District 96	Elementary	1-5
Sandburg Elementary School	Harvey Public School District 152	Elementary	K,1-6
Stuart R Paddock School	Community Consolidated School District 15	Elementary	K,1-6
Thomas Jefferson Elementary School	Community Consolidated School District 15	Elementary	K,1-6
Virginia Lake Elementary School	Community Consolidated School District 15	Elementary	P-6
Willow Bend Elementary School	Community Consolidated School District 15	Elementary	K,1-6
Willow School	Homewood School District 153	Elementary	P-2
Wilson Elementary School	Calumet City School District 155	Elementary	P-2
Winston Campus-Elementary	Community Consolidated School District 15	Elementary	P-6
Winston Churchill Elementary School	Community Consolidated School District 54	Elementary	K,1-6
Winston Churchill School	Homewood School District 153	Elementary	3-4
Carl Sandburg Junior High School	Community Consolidated School District 15	Middle	7-8
Carl Sandburg Middle School	Mundelein School District 75	Middle	6-8
Jane Addams Junior High School	Community Consolidated School District 54	Middle	7-8
Lake Zurich Middle - S Campus	Community Unit School District 95	Middle	6-8
Plum Grove Junior High School	Community Consolidated School District 15	Middle	7-8
Thomas Jefferson Middle School	Waukegan Community Unit School District 60	Middle	6-8
Twin Groves Middle School	Kildeer Countryside District 96	Middle	6-8
Walter R Sundling Junior High School	Community Consolidated School District 15	Middle	7-8
Winston Campus-Junior High	Community Consolidated School District 15	Middle	7-8
Adlai E Stevenson High School	Stevenson High School 125	High	9-12
Lake Zurich High School	Community Unit School District 95	High	9-12
Palatine High School	Township High School District 211	High	9-12
Schaumburg High School	Township High School District 211	High	9-12
Wheeling High School	Township High School District 214	High	9-12
Wm Fremd High School	Township High School District 211	High	9-12

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Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Palatine, i.e. what's hot and what's not.

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Recent Sales

2365 N Barrington Woods Rd.

Palatine, IL

$402,500

50 S Greeley St. #314

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Recent Sales

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Train Stations

	Station	Line(s)	Address
	Palatine	Line(s): Union Pacific / Northwest Line (UP-NW)	137 Wood St., Palatine	View Commute

Train Stations

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Subdivisions/Buildings

	Subdivisions/Buildings	Median Price
	Abbey Hill Abbey Hill is a subdivision in Palatine, Illinois. It currently has no homes for sale. It is located in Cook County. Abbey Hill is a subdivision of single family homes built in the late 1980's by Kimball Hill. Abbey Hill is located in Palatine, Illinois west of Quentin Road and south of Palatine Road just a few blocks away from Heron Park. ... Read more
	Amber Ridge Amber Ridge is a townhouse community in Palatine, Illinois, built between 1973 and 2023. It currently has 1 townhouse for sale with a list price of $299,900. The homes range in size from 1,365 ft2 to 3,331 ft2. The average annual property tax for Amber Ridge is $4,213.73. It is located in Cook County. Amber Ridge is a townhome community built in the early-to-mid 1980's. Amber Ridge is located in Palatine, Illinois west of Williams Drive and north of Carpenter Drive. Amber Ridge is close to Virginia Lake Elementary School and Palatine High School. ... Read more	Median Price: $287,500
	Arlington Crest Arlington Crest is a single-family home community in Palatine, Illinois, built between 1941 and 2008. It currently has no homes for sale. The homes range in size from 1,506 ft2 to 3,564 ft2. The average annual property tax for Arlington Crest is $10,593.26. It is located in Cook County. Arlington Crest is a single family home neighborhood located in Palatine, Illinois. Arlington Crest is off of Williams and NW Highway. East of Route 53 and one block North of Route 14. Arlington Crest is close to Virginia Terrace Park and easy interstate access. ... Read more	Median Price: $750,000
	Arlington Station Arlington Station is a subdivision in Palatine, Illinois. It currently has no homes for sale. It is located in Cook County. Arlington Station is a townhome community built in the mid 2010's. Arlington Station is located in Palatine off of Northwest Highway west of Route 53 a few blocks away from Arlington Park Metra Station and close to Twin Lakes Golf Course & Recreation Area. ... Read more
	Ashbury Country Homes Ashbury Country Homes is a subdivision in Palatine, Illinois. It currently has no homes for sale. Ashbury Country Homes is a townhouse community built in the late 1980's. Ashbury Country Homes are located in Palatine, Illinois on Ashbury Lane north of Algonquin Rd. and west of Roselle Rd near Harper College. Ashbury Country Homes offers a tennis court for their residents to enjoy. ... Read more

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Subdivisions/Buildings

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Market Trends

Palatine home sales for the month of June rose in volume by 2.3% when compared to last year, while the median sale price rose by 9.6% from $381,000 to $417,500. House sales rose by 24.3%, while the median sale price decreased by 4.4% from $528,000 to $504,950. Condo sales rose by 15.4%, while the median sale price decreased by 8.6% from $232,500 to $212,500. Townhouse sales decreased by 47.8%, while the median sale price rose by 15% from $371,000 to $426,500.

1673	1200	776	823
2021	2022	2023	2024
# of sales per year

$280,000	$280,000	$318,200	$325,000
2021	2022	2023	2024
median sale price per year

Median Sale Price for Palatine

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Number of Sales for Palatine

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Market Trends

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Nearby Parks

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Nearby Parks

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Nearby Golf Courses

Inverness Golf Club

102 Roselle Rd, Palatine, IL 60067
Par 72 • 72 holes • 6750 yards

Twin Lakes Golf Course

1200 E Twin Lakes Dr, Palatine, IL 60074
Par 29 • 29 holes • 1473 yards

Nearby Golf Courses

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Real Estate News

	New Homes For Sale This Week in Palatine: July 18th to July 24th - July 25, 2025 Palatine had 29 new homes for sale during the week of Friday, July 18 to Thursday, July 24, including including 11 single family homes for sale with an average list ... continue reading
	Homes Just Sold in Palatine: July 15th to July 21st - July 22, 2025 Palatine had 23 sales during the week of Tuesday, July 15 to Monday, July 21, including including 11 single family homes for sale with an average list price of $535,963.64, ... continue reading
	New Foreclosures & Short Sales in Palatine: July 14th to July 20th - July 21, 2025 Palatine had only 1 new foreclosure and/or short sale during the week of Monday, July 14 to Sunday, July 20, and it was a condo for sale with a list ... continue reading
	New Homes with Master Bedrooms on the 1st Floor in Palatine: July 12th to July 18th - July 19, 2025 Palatine had 19 new homes for sale with a master bedroom on the first floor during the month of Saturday, July 12 to Friday, July 18, including 6 single ... continue reading
	New Homes For Sale This Week in Palatine: July 11th to July 17th - July 18, 2025 Palatine had 35 new homes for sale during the week of Friday, July 11 to Thursday, July 17, including including 19 single family homes for sale with an average list ... continue reading