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Palos Park, Illinois, Real Estate
Palos Park is an affluent village in southwestern Cook County, Illinois. According to the 2010 census, the population was 4,847.
Palos Park currently has 65 single family homes with an average list price of $718,459 and 13 condos/townhomes with an average list price of $199,377. The average annual property tax for Palos Park is $6,814.
Current Homes for Sale
Multi-UnitHomes 0 no homes
ShortSales 0 no homes
Schools
| School | District | Grade Level | Grades |
|---|---|---|---|
| Palos East Elementary School | 118 | Elementary | K-5 |
| Palos West Elementary School | 118 | Elementary | P-5 |
| Palos South Middle School | 118 | Middle | 6-8 |
| Amos Alonzo Stagg High School | 230 | High | 9-12 |
| Carl Sandburg High School | 230 | High | 9-12 |
What's Hot & What Not
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.
See What's Hot & What's Not in Palos ParkSubdivisions
| Subdivisions | Median Price | |
|---|---|---|
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Black Walnut Trails Located in Palos Park, Black Walnut Trails is on Black Walnut Trail East of Lagrange Rd. |
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Brook Lane 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. Read more |
$213,500 |
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Brookside 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. |
$238,000 |
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Chinquapin Hills Chinquapin Hills is a single family neighborhood in Palos Park, Illinois. Chinquapin Hills is located on Old Creek Road and Wolf Road. |
$445,000 |
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Commons of Palos Park 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. Read more |
$256,000 |
Metra Stations
| Station | Line | Address | ||
|---|---|---|---|---|
| Palos Park | SouthWest Service (SWS) | 123rd St. & 82nd Ave. | View commute |
Recent Sales
| Date | Address | Beds | Baths | Sq. Ft. | Year | Subdivision | Sold | ||
|---|---|---|---|---|---|---|---|---|---|
|
Jan 15, 2019 | 9749 W. Creek Rd. #E2 | 2 | 2 | — | 1 | 1986 | $149,000 | |
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Jan 11, 2019 | 12733 S. Misty Harbour Ln. | — | — | — | 0 | Misty Harbour | $190,000 | |
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Dec 27, 2018 | 12700 S. Wolf Rd. | 3 | 1.1 | 2,288 ft2 | 2 | 1946 | $735,000 | |
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Dec 20, 2018 | 12609 S. 104th Ave. | 5 | 3.1 | 3,648 ft2 | 4 | 1988 | Woodland Shores | $540,000 |
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Dec 18, 2018 | 11663 S. Black Forest Ln. | 3 | 2.1 | 2,260 ft2 | 2 | 1985 | Edelweiss in the Park | $240,000 |
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Dec 17, 2018 | 12849 E. Tanglewood Cir. | 4 | 2 | 1,808 ft2 | 2.5 | 1983 | $320,000 | |
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Dec 13, 2018 | 12035 S. 90th Ave. | 4 | 2 | 1,850 ft2 | 5 | 1957 | $320,000 | |
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Dec 12, 2018 | 11614 Autobahn Dr. | 3 | 2 | 1,815 ft2 | 2 | 1990 | Edelweiss in the Park | $235,000 |
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Dec 6, 2018 | 12630 S. Timberlane Dr. | 5 | 3 | 3,914 ft2 | 2 | 1953 | $465,000 | |
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Dec 4, 2018 | 8625 W. 123rd St. | 3 + 1* | 2.1 | 3,000 ft2 | 2 | 1950 | $405,000 |
We helped over 300 families buy and sell homes last year.
The HomesByMarco team are experts. If you're looking to buy or sell a home, give us a call today at 888-32-MARCO.
The HomesByMarco team are experts. If you're looking to buy or sell a home, give us a call today at 888-32-MARCO.
Market Trends
Palos Park home sales for the month of December decreased in volume by 33.3% when compared to last year, while the median sale price rose by 14.2% from $317,500 to $362,500. The number of Single Family homes sales decreased by 33.3%, while the median sale price rose by 35.9% from $320,000 to $435,000. Condo/townhome sales decreased by 33.3%, while the median sale price rose by 60.5% from $148,000 to $237,500.
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93
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105
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120
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153
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| 2015 | 2016 | 2017 | 2018 |
| # of sales per year | |||
|
$310,000
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$298,500
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$343,000
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$350,000
|
| 2015 | 2016 | 2017 | 2018 |
| median sale price per year | |||
Median Sale Price for
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Number of Sales for
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Real Estate Sales for December in
| December | Year to Date (Jan 1 - January 19) | |||||
|---|---|---|---|---|---|---|
| 2017 | 2018 | % Change | 2018 | 2019 | % Change | |
| Homes Sold | 12 | 8 | -33.3% | 3 | 1 | -66.7% |
| (Single Family) | 9 | 6 | -33.3% | 2 | 0 | - |
| (Condos/Townhomes) | 3 | 2 | -33.3% | 1 | 1 | 0% |
| Median Sale Price | $317,500 | $362,500 | +14.2% | $170,000 | $149,000 | -12.4% |
| (Single Family) | $320,000 | $435,000 | +35.9% | $185,000 | $0 | - |
| (Condos/Townhomes) | $148,000 | $237,500 | +60.5% | $146,500 | $149,000 | +1.7% |
| Days on Market | 68 | 49 | -28.1% | 63 | 80 | +27% |
| (Single Family) | 70 | 78 | +11.4% | 52 | 0 | - |
| (Condos/Townhomes) | 65 | 48 | -26.9% | 63 | 80 | +27% |
Nearby Parks
| Park | Amenities | |
|---|---|---|
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Centennial Park 12216 S. Will Cook Road |
Lacrosse Fields Soccer Fields Softball Fields |
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Forty Acre Woods Forest Preserve |
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McClaughry Springs Woods Forest Preserve |
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Paddock Woods Forest Preserve |
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Palos Park Recreation Center 8901 West 123rd Street |
Soccer Fields Softball Fields |
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