Palos Heights, IL, Real Estate

Palos Heights, Illinois, is a charming suburban city located about 22 miles southwest of Chicago in Cook County. Known for its peaceful, family-friendly atmosphere, this community of approximately 12,000 residents boasts tree-lined streets, well-maintained parks, and a strong sense of local pride. The city offers a blend of small-town warmth with convenient access to urban amenities, featuring quality schools, recreational facilities like Lake Katherine Nature Center and Preserve, and a variety of local businesses. With its low crime rate and community-focused events, Palos Heights is an inviting destination for those seeking a quiet yet connected lifestyle near the bustling Chicago metropolitan area.

Palos Heights currently has 26 single family homes for sale with an average list price of $484,261.46, 6 townhouses for sale with an average list price of $424,800, 21 condos for sale with an average list price of $311,723.81, and 1 lot for sale with a list price of $130,000. The average annual property tax for Palos Heights is $6,271.42.

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Absorption Report

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 Palos Heights, i.e. what's hot and what's not.

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Recent Sales

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Train Stations

Station Line(s) Address
Palos Heights Line(s): SouthWest Service (SWS) 11451 Southwest Hwy., Palos Heights View Commute

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Subdivisions/Buildings

Subdivisions/Buildings Median Price
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12840 S. 71st

12840 S. 71st is a condo building in Palos Heights, Illinois. It currently has no homes for sale. It is located in Cook County. 12840 S. 71st Avenue is an 8 unit condo building built in the late 1960's. 12840 S. 71st Avenue is located in Palos Heights, Illinois east of Harlem Avenue and south of 127th Street. ... Read more
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Austin View

Austin View is a single-family home community in Palos Heights, Illinois, built between 1953 and 1985. It currently has 2 single family homes for sale with an average list price of $374,500. The homes range in size from 1,100 ft2 to 2,764 ft2. The average annual property tax for Austin View is $4,731.21. It is located in Cook County. Austin View is a single family home subdivision. Austin View is located Palos Heights, Illinois north of 127th Street and east of Ridgeland Avenue. ... Read more
Median Price: $370,000
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Blue Crest

Blue Crest is a single-family home community in Palos Heights, Illinois, built in 1956. It currently has no homes for sale. The homes have an average size of 1,400 ft2. The average annual property tax for Blue Crest is $800. It is located in Cook County. Blue Crest is a single family home subdivision. Blue Crest is located in Palos Heights, Illinois north of 127th Street and west of Cal Sag Road. ... Read more
Median Price: $300,000
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College Highlands

College Highlands is a single-family home community in Palos Heights, Illinois, built between 1972 and 1999. It currently has no homes for sale. The homes range in size from 1,625 ft2 to 2,977 ft2. The average annual property tax for College Highlands is $7,498.56. It is located in Cook County. College Highlands is a single family home subdivision built in the 1970s. College Highlands is located in Palos Heights, Illinois east of Ridgeland Avenue and north of 127th Street. ... Read more
Median Price: $401,500
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Colonial Heights

Colonial Heights is a condo and townhouse community in Palos Heights, Illinois, built between 1974 and 1981. It currently has 1 condo for sale with a list price of $249,900. The homes range in size from 1,800 ft2 to 1,850 ft2. The HOA fees range from $253 to $310 per month. The average annual property tax for Colonial Heights is $3,282.59. It is located in Cook County. Colonial Heights is a townhouse community built in the 1970s and 1980s. Colonial Heights is located in Palos Heights, Illinois north of College Drive and east of Southwest Highway. ... Read more
Median Price: $256,500
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Market Trends

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Nearby Parks

Community Park

76th Avenue south of Route 83
Baseball Diamonds Disc Golf Parking Picnic Area Playground Restrooms Shelter Softball Fields Tennis Courts Volleyball Courts

Crawford Park

Sequoia Drive & Cedar Lane
Baseball Diamonds Picnic Area Playground Softball Fields Volleyball Courts

Lake Katherine Preserve

Lake Katherine Drive
Hiking Paths Ice Skating Rink

Navajo Park

South Oak Park Avenue and West Onekema Drive
Picnic Area Playground Tennis Courts

Palmer Park

West 123rd Street and 73rd Avenue
Baseball Diamonds Basketball Courts Picnic Area Playground Tennis Courts

Westgate Park

West 127th Street and Westgate Drive
Baseball Diamonds Basketball Courts Hiking Paths Picnic Area Playground Soccer Fields Tennis Courts

Westgate Valley Park

South Westgate Avenue
Baseball Diamonds Basketball Courts Playground Softball Fields Tennis Courts
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Real Estate News

New Homes For Sale This Week in Palos Heights: September 5th to September 11th

New Homes For Sale This Week in Palos Heights: September 5th to September 11th - September 12, 2025

Palos Heights had 8 new homes for sale during the week of Friday, September 5 to Thursday, September 11, including including 4 single family homes for sale with an average ... continue reading
Homes Just Sold in Palos Heights: September 2nd to September 8th

Homes Just Sold in Palos Heights: September 2nd to September 8th - September 9, 2025

Palos Heights had 2 sales during the week of Tuesday, September 2 to Monday, September 8, including including 1 single family home for sale with a list price of $339,900 ... continue reading
New Homes with Master Bedrooms on the 1st Floor in Palos Heights: August 30th to September 5th

New Homes with Master Bedrooms on the 1st Floor in Palos Heights: August 30th to September 5th - September 6, 2025

Palos Heights had 5 new homes for sale with a master bedroom on the first floor during the month of Saturday, August 30 to Friday, September 5, including 1 ... continue reading
New Homes For Sale This Week in Palos Heights: August 29th to September 4th

New Homes For Sale This Week in Palos Heights: August 29th to September 4th - September 5, 2025

Palos Heights had 7 new homes for sale during the week of Friday, August 29 to Thursday, September 4, including including 3 single family homes for sale with an average ... continue reading
Homes Just Sold in Palos Heights: August 26th to September 1st

Homes Just Sold in Palos Heights: August 26th to September 1st - September 2, 2025

Palos Heights had 2 sales during the week of Tuesday, August 26 to Monday, September 1, including including 1 single family home for sale with a list price of $529,900 ... continue reading
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