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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 91 single family homes with an average list price of $692,940 and 13 condos/townhomes with an average list price of $212,454. The average annual property tax for Palos Park is $6,832.
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 |
$215,000 |
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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. |
$450,000 |
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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 |
$257,950 |
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 | ||
|---|---|---|---|---|---|---|---|---|---|
|
Jun 24, 2019 | 11727 S. Matterhorn Cir. #102 | 2 | 2 | 1,400 ft2 | 2 | 1991 | Edelweiss in the Park | $165,000 |
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Jun 19, 2019 | 10515 Hillcrest Dr. | 3 | 1.1 | 2,000 ft2 | 2.5 | 1970 | McGinnis Highlands | $310,000 |
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Jun 18, 2019 | 13250 S. Adsit Rd. | 4 | 2 | 1,692 ft2 | 2 | 1971 | McGinnis Highlands | $320,000 |
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Jun 17, 2019 | 13105 S. Adsit Rd. | 3 | 1.1 | 1,764 ft2 | 2 | 1961 | $255,000 | |
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Jun 14, 2019 | 11035 Frances Ln. | — | — | — | 0 | $70,000 | ||
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Jun 14, 2019 | 9840 Terrace Dr. #B2 | 3 | 2 | 1,905 ft2 | 2 | 1988 | Lake Maria | $248,000 |
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Jun 11, 2019 | 11727 S. Matterhorn Cir. #101 | 2 | 2 | 1,400 ft2 | 2 | 1991 | Edelweiss in the Park | $155,000 |
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Jun 7, 2019 | 105 Commons Dr. | 2 | 3 | 2,026 ft2 | 2 | 1999 | Commons of Palos Park | $310,000 |
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Jun 5, 2019 | 11828 S. Brookside Dr. | 3 | 2.1 | 2,200 ft2 | 2 | 1986 | Brookside | $299,999 |
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Jun 4, 2019 | 8810 W. 121st St. | 5 | 3.1 | 3,510 ft2 | 4 | 1971 | $600,000 |
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 May decreased in volume by 17.6% when compared to last year, while the median sale price decreased by 10.5% from $405,000 to $362,437. The number of Single Family homes sales decreased by 21.4%, while the median sale price decreased by 14.1% from $425,000 to $365,000. Condo/townhome sales stayed the same, while the median sale price decreased by 33.6% from $256,000 to $170,000.
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92
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102
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118
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149
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| 2015 | 2016 | 2017 | 2018 |
| # of sales per year | |||
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$310,000
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$299,250
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$343,000
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$350,000
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| 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 May in
| May | Year to Date (Jan 1 - June 24) | |||||
|---|---|---|---|---|---|---|
| 2018 | 2019 | % Change | 2018 | 2019 | % Change | |
| Homes Sold | 17 | 14 | -17.6% | 74 | 71 | -4.1% |
| (Single Family) | 14 | 11 | -21.4% | 53 | 49 | -7.5% |
| (Condos/Townhomes) | 3 | 3 | 0% | 21 | 22 | +4.8% |
| Median Sale Price | $405,000 | $362,437 | -10.5% | $356,250 | $320,000 | -10.2% |
| (Single Family) | $425,000 | $365,000 | -14.1% | $395,000 | $385,000 | -2.5% |
| (Condos/Townhomes) | $256,000 | $170,000 | -33.6% | $225,500 | $183,500 | -18.6% |
| Days on Market | 41 | 33 | -19.5% | 41 | 36 | -12.2% |
| (Single Family) | 41 | 31 | -24.4% | 46 | 36 | -21.7% |
| (Condos/Townhomes) | 21 | 39 | +85.7% | 25 | 37 | +48% |
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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