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Palos Park Real Estate Overview

Today, November 28, 2009

Market View for Palos Park

Info
Avg. Listing Price $605,664 Wk ending Nov 18
+$9,016
+1.5%
w-o-w
Median Sales Price $404,000 Aug '09 - Oct '09
+$24,000
+6.3%
y-o-y
104Homes For Sale 1Open Homes
48Recently Sold 24Foreclosures

Market Trends for Palos Park

Embed Info
Listing price – Palos Park
Average Listing Price
$605,664
+1.5%
w-o-w
Median Sales Price
$404,000
+6.3%
y-o-y
Average price/sqft
$194
-16%
y-o-y
Number of Sales
26
+18.2%
y-o-y
More Palos Park Market Trends
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Home Prices for Cook County

Info
google map tile
Most popular
zip codes
Avg. listing price
Week ending Nov 18
 
w-o-w

60614
$854,666
-0.3%
60622
$500,868
-0.5%
60657
$524,050
-0.6%
60647
$410,171
+0.3%
60618
$408,172
+0.7%
 
Movers & Shakers
Avg. listing price
Week ending Nov 18
 
w-o-w

60644
$105,128
-30.8%
60193
$262,553
+10.5%
60621
$88,241
+8.4%
60472
$51,938
-8.1%
60628
$99,790
+7.7%
 
View Cook County Home Prices Map
 

Palos Park Summary

Average price per square foot for Palos Park IL was $194, a decrease of 16% compared to the same period last year. The median sales price for homes in Palos Park IL for Aug 09 to Oct 09 was $404,000 based on 26 home sales. Compared to the same period one year ago, the median home sales price increased 6.3%, or $24,000, and the number of home sales increased 18.2%.

There are currently 104 resale and new homes in Palos Park on Trulia, including 1 open house, as well as 24 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Palos Park IL was $605,664 for the week ending Nov 18, which represents an increase of 1.5%, or $9,016, compared to the prior week.

 

Schools in Palos Park

Info
DISTRICT
TYPE
GRADES
SCHOOLS
STUDENTS
Palos Cmty Cons School District 118
Public
PK - 8
3
1,928
SCHOOL NAME
SCHOOL TYPE
GRADES
PARENT RATING
Palos South Middle School
Public
6 - 8
Palos West Elementary School
Public
PK - 5
Please consult with the school district or a local real estate pro to confirm your eligibility to enroll with a particular district or school.
View all Palos Park Schools
 

Community Info for Palos Park

Info
More Palos Park Community Info

Homes for Sale in Palos Park

2 Old Crk, Palos Park IL
2 Old Crk,…
$495,000
4 br  4 ba
9836 Terrace Court East, Palos Park IL
9836 Terra…
$224,900
3 br  2 ba
26 North Woodland Trail, Palos Park IL
26 N Woodl…
$569,000
6 br  3 ½ ba
11557 South Alpine Avenue, Palos Park IL
11557 S Al…
$289,900
3 br  2 ½ ba
8202 West Knollwood Drive, Palos Park IL
8202 W Kno…
$440,000
3 br  1 ½ ba
11760 South Brookside Drive, Palos Park IL
11760 S Br…
$299,000
3 br  2 ½ ba
View all Palos Park Homes for Sale
 
Stats & Trends
Palos Park

Real Estate Overview

Market Trends

Schools

Home Prices Map

Community Info

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Nearby Cities

Cities
Median
sales price
Average
listing price
Palos Hills
$181,000
$189,568
Orland Park
$220,000
$361,844
Willow Springs
$335,000
$372,729
Palos Heights
$259,000
$360,640
Hickory Hills
$210,000
$242,239
Worth
$120,000
$167,016
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Advice

Recent Q&A in Palos Park, IL

Q: I bought a condo in 6/09. The seller paid his portion of 2008 and 2009 at a rate of 110% or 120% of 2007 rates. I just got the 2008 bill, which, I Be the first to answer
Q: how much does a home inspector cost? 5 answers
Q: Open Opinion Thread: "Why should someone buy in this market?" 4,036 answers
Q: I am already a h/onr and looking to invest in a property that needs a total gut rehab. My understanding on 203k loans is I must be a first time buyer 6 answers
Q: Is it a good time to buy a property in the 60616 and 60653 neighborhoods? 4 answers

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Nearby Cities Real Estate

  • Palos Hills Real Estate
  • Orland Park Real Estate
  • Willow Springs Real Estate
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  • Hickory Hills Real Estate
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Nearby Cities Sold Homes

  • Palos Hills Sold Homes
  • Orland Park Sold Homes
  • Willow Springs Sold Homes
  • Palos Heights Sold Homes
  • Hickory Hills Sold Homes
  • Worth Sold Homes

Nearby Cities Home Prices

  • Palos Hills Home Prices
  • Orland Park Home Prices
  • Willow Springs Home Prices
  • Palos Heights Home Prices
  • Hickory Hills Home Prices
  • Worth Home Prices

Palos Park Stats & Trends

  • Palos Park Market Trends
  • Palos Park Schools
  • Palos Park Community Info
  • Palos Park Home Prices
  • Palos Park Real Estate
  • Palos Park Recently Sold Homes

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Palos Park real estate—use Trulia to find real estate in Palos Park as well real estate in other cities in Illinois. Trulia provides comprehensive real estate guides with up-to-date information about housing prices, latest Palos Park real estate trends, market activity, and neighborhood information. Before buying a house in Palos Park, research real estate on Trulia. Understanding the Palos Park real estate market is your first step to buying a home in Palos Park, Illinois. Our real estate guide gives your a valuable overview of the Palos Park real estate market—find Palos Park properties, sales statistics, real estate price trends, real estate market activity, comparisons of Palos Park schools or Illinois schools, and general demographic information for Palos Park, IL. Trulia's real estate guide combines a Palos Park map with a detailed list of Palos Park neighborhoods, ZIP codes, and nearby cities to help kick-start your search for a home in Palos Park.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Homes for Sale includes resale and new homes on Trulia.
Recently Sold is a count of all known arms-length residential sales in the last 9 months according to public records.
Open Homes refers to listings on Trulia with scheduled open house times.
Foreclosures includes properties in the pre-foreclosure, auction, and bank-owned stages of the foreclosure process.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. All sales figures are compared to the same period one year prior.
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About this Info
Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website.
Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price.
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Parent Reviews
These reviews include feedback from parents, students, former students, administrators and other staff. This feedback may help you further evaluate and compare schools, along with other information such as test scores, academic programs, school resources, classroom and teacher ratios, etc. The reviews are provided by GreatSchools.

Ask a question about this school on Trulia Voices to learn more about this school or district from residents and other local experts.

  
   
About this Info
Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report.
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