Palos Park, IL, Real Estate
Palos Park, Illinois, is a picturesque village located in Cook County, about 20 miles southwest of Chicago, with a population of approximately 4,900 as of the 2020 census. Nestled in the Palos Hills, the village is renowned for its lush, wooded landscapes, scenic trails, and serene atmosphere, making it a haven for nature lovers. Home to the McGinnis Slough and part of the Cook County Forest Preserve, Palos Park offers ample opportunities for hiking, birdwatching, and outdoor recreation. Its charming downtown features historic homes, local businesses, and a strong sense of community, exemplified by events like the annual Palos Park Art Fair, blending small-town charm with proximity to urban amenities.
Palos Park currently has 32 single family homes for sale with an average list price of $664,277.84, 5 townhouses for sale with an average list price of $496,760, 8 condos for sale with an average list price of $331,062.38, and 4 lots for sale with an average list price of $199,475. The average annual property tax for Palos Park is $8,387.26.
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Schools
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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 Palos Park, i.e. what's hot and what's not.
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Recent Sales
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Train Stations
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Palos Park |
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[Address Unavailable], Palos Park |
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Train Stations
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Subdivisions
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Black Walnut Trails is a subdivision in Palos Park, Illinois. It currently has no homes for sale. Black Walnut Trails is a single family home neighborhood. Black Walnut Trails is located on Black Walnut Trail east of Lagrange Road in in Palos Park, Illinois.
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Brook Lane is a townhouse and single-family home community in Palos Park, Illinois, built in 1978. It currently has no homes for sale. The homes range in size from 2,436 ft2 to 2,757 ft2. The average annual property tax for Brook Lane is $6,935.82. It is located in Cook County. Brook Lane is a townhouse community built in the late 1970s. Brook Lane is located in Palos Park, Illinois on Brook Lane south of 121st Street and west of 80th Avenue.
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Median Price: $328,000 |
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Brookside is a condo and townhouse community in Palos Park, Illinois, built between 1983 and 1986. It currently has no homes for sale. The homes range in size from 2,300 ft2 to 2,875 ft2. The average annual property tax for Brookside is $4,589.11. It is located in Cook County. Brookside is a townhome community built in the 1980s. Brookside is located in Palos Park, Illinois north of 119th Street and east of 86th Avenue.
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Median Price: $350,000 |
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Chinquapin Hills is a single-family home community in Palos Park, Illinois, built between 1954 and 1997. It currently has no homes for sale. The homes range in size from 1,000 ft2 to 6,250 ft2. The average annual property tax for Chinquapin Hills is $11,207.38. It is located in Cook County. Chinquapin Hills is a single family neighborhood in Palos Park, Illinois. Chinquapin Hills is located on Old Creek Road and Wolf Road.
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Median Price: $790,000 |
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Commons of Palos Park is a townhouse community in Palos Park, Illinois, built between 1976 and 2000. It currently has no homes for sale. The homes range in size from 1,800 ft2 to 2,600 ft2. The average annual property tax for Commons of Palos Park is $6,187.28. It is located in Cook County. Commons of Palos Park is a townhouse community built in the early 1990s. Commons of Palos Park is located in Palos Park, Illinois north of 123rd Street and west of 80th Avenue.
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Median Price: $369,000 |
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Subdivisions
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Market Trends
Palos Park home sales for the month of June rose in volume by 77.8% when compared to last year, while the median sale price rose by 88.9% from $305,000 to $576,000. House sales rose by 140%, while the median sale price decreased by 5.9% from $697,500 to $656,500. Condo sales decreased by 75%, while the median sale price rose by 4.3% from $270,500 to $282,000. Townhouse sales stayed the same, while the median sale price stayed the same.
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$460,000
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$501,500
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$426,250
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$487,500
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Median Sale Price for Palos Park
Number of Sales for Palos Park
Market Trends
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Nearby Parks
12216 S. Will Cook Road
Lacrosse Fields
Soccer Fields
Softball Fields
8901 West 123rd Street
Soccer Fields
Softball Fields
8901 W. 123rd St.
Baseball Diamonds
Basketball Courts
Field
Football Field
Parking
Shelter
Softball Fields
Tennis Courts
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Nearby Parks
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Real Estate News
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Palos Park had 2 sales during the week of Tuesday, July 22 to Monday, July 28, including including 1 single family home for sale with a list price of $435,000 ...
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Palos Park had 4 new homes for sale with a master bedroom on the first floor during the month of Saturday, July 19 to Friday, July 25, including 4 ...
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Palos Park had 6 new homes for sale during the week of Friday, July 18 to Thursday, July 24, including including 5 single family homes for sale with an average ...
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Palos Park had 4 sales during the week of Tuesday, July 15 to Monday, July 21, including including 4 single family homes for sale with an average list price of ...
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Palos Park had 2 new homes for sale during the week of Friday, July 11 to Thursday, July 17, including including 2 condos for sale with an average list price ...
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Real Estate News
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