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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 89 single family homes with an average list price of $694,449 and 16 condos/townhomes with an average list price of $204,731. The average annual property tax for Palos Park is $6,877.
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 |
$212,000 |
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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 | ||
|---|---|---|---|---|---|---|---|---|---|
|
Oct 17, 2018 | 11517 Edelweiss Dr. | 3 | 2.1 | 1,940 ft2 | 2 | 1988 | Edelweiss in the Park | $235,000 |
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Oct 12, 2018 | 9749 Mill Dr. #B1 | 2 | 2 | 1,500 ft2 | 1 | 1990 | Mill Creek | $176,000 |
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Oct 11, 2018 | 12900 S. Parkside Dr. | 3 | 3.1 | 2,382 ft2 | 2.5 | 1986 | Mill Creek | $320,000 |
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Oct 11, 2018 | 9815 W. Creek Rd. #B1 | 2 | 2 | 1,600 ft2 | 1 | 1986 | Mill Creek | $190,000 |
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Oct 9, 2018 | 141 Timber Edge Ln. | 4 | 3.1 | 3,778 ft2 | 2 | 1988 | Woodland Shores | $540,000 |
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Oct 4, 2018 | 8615 W. 121st St. | 5 | 3.1 | 3,028 ft2 | 0 | 1898 | $557,500 | |
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Oct 4, 2018 | 11737 S. 86th Ave. | — | — | — | 1 | $175,000 | ||
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Oct 1, 2018 | 12600 Sedgwick Dr. | 5 | 4 | 3,676 ft2 | 3 | 1988 | Suffield Woods | $476,808 |
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Sep 28, 2018 | 8226 131 St. | 3 | 1 | 1,763 ft2 | 2 | 1956 | $250,000 | |
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Sep 28, 2018 | 10505 W. Bernice Dr. | 3 | 3 | 1,942 ft2 | 2 | 1989 | McGinnis Highlands | $370,000 |
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 September rose in volume by 80% when compared to last year, while the median sale price decreased by 11.4% from $395,000 to $350,000. The number of Single Family homes sales rose by 100%, while the median sale price decreased by 23.4% from $470,000 to $360,000. Condo/townhome sales rose by 50%, while the median sale price decreased by 3.4% from $196,750 to $190,000.
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112
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94
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106
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120
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| 2014 | 2015 | 2016 | 2017 |
| # of sales per year | |||
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$284,200
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$310,000
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$296,750
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$351,875
|
| 2014 | 2015 | 2016 | 2017 |
| 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 September in
| September | Year to Date (Jan 1 - October 17) | |||||
|---|---|---|---|---|---|---|
| 2017 | 2018 | % Change | 2017 | 2018 | % Change | |
| Homes Sold | 5 | 9 | +80% | 74 | 131 | +77% |
| (Single Family) | 3 | 6 | +100% | 48 | 93 | +93.8% |
| (Condos/Townhomes) | 2 | 3 | +50% | 26 | 38 | +46.2% |
| Median Sale Price | $395,000 | $350,000 | -11.4% | $356,875 | $355,000 | -0.5% |
| (Single Family) | $470,000 | $360,000 | -23.4% | $386,950 | $395,000 | +2.1% |
| (Condos/Townhomes) | $196,750 | $190,000 | -3.4% | $181,450 | $216,500 | +19.3% |
| Days on Market | 115 | 37 | -67.8% | 27 | 30 | +11.1% |
| (Single Family) | 115 | 44 | -62.2% | 26 | 39 | +52.9% |
| (Condos/Townhomes) | 77 | 2 | -97.4% | 40 | 23 | -42.5% |
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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