Palatine Real Estate Market Overview

Could Palatine, IL be your next home? Kick-start your search with Trulia’s real estate guide and home search. With interactive maps and charts, Trulia provides a comprehensive overview of market trends, schools, demographics, and lifestyle data to help you learn all about Palatine. Not sure which neighborhood is for you? Check out our Nearby Places section below to explore popular cities near Palatine such as Arlin...gton Heights and Rolling Meadows. When you’re ready, Trulia has 446 resale and new homes in Palatine lined up for you, including 6 open houses, and 78 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$224,000

Median Sales Price

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$176

Price Per Sqft

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$1,910

Median Rent Per Month

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Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in Palatine show a 2% year-over-year rise in median sales price and a 2% rise in median rent per month.

Median Sales Price
The median sales price for homes in Palatine for Feb 19 to May 18 was $224,000 based on 130 home sales.
Price Per Square Ft.
Average price per square foot for Palatine was $176, an increase of 5% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in Palatine for Apr 20 to May 20 was $1,910.

Crime

Most frequent crimes in the past year

Knowing more about crime activity in Palatine can help keep you aware of crime in the area. Crime activity is most helpful when comparing two locations to understand the relative safety of each location.

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60

Counts of Theft

28

Counts of Burglary

14

Counts of Assault


Best Schools in Palatine

There are 16 schools in Palatine.

Elementary Schools
10

Pleasant Hill Elementary School

Public, K - 6

9

Marion Jordan Elementary School

Public, K - 6

9

Hunting Ridge Elementary School

Public, K - 6

Middle Schools
8

Walter R Sundling Junior High School

Public, 7 - 8

4

Winston Campus Junior High School

Public, 7 - 8

High Schools
10

Wm Fremd High School

Public, 9 - 12

7

Palatine High School

Public, 9 - 12

N/A

District 211 Academy - North

Public, 9 - 12


Demographics

Get to know your neighbors in Palatine by reviewing our census driven map. Get insights into median age, how many people are married, and percentage of people with a college degree.

Single residents
30%
Single residents
Home owners
81%
Home owners
Median age
40
Median age
Household income
$78,315
Median household income
College educated
57%
College educated

Commute

Most people in Palatine commute by car. Learn how neighbors in this area get to work so you can consider how you might commute if you lived here, too.

Commute Type
92% commute by car
0% commute by bike
5% commute by public transportation
0% commute by foot

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