Palos Park, IL
Housing market overview · Updated weekly
$875,000median sale price
Homes sold
1
Last 12 weeks
Days on market
137
Average pace
Active listings
13
13.0 months supply
Sale-to-list
100.0%
Above asking
The Palos Park housing market is currently classified as a buyer's market with a median sale price of $875,000. Prices have risen 113.4% compared to last year, with homes spending an average of 137 days on market, indicating 13.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Palos Park
There are currently 13 homes listed for sale in Palos Park, Il. The median listing price is $712K.
Active listings
13
Homes on market
Median list price
$712K
Avg. days on market
137
Days until sale
New this week
6
Newly listed
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Frequently asked questions
What is the average home price in Palos Park?
The median home sale price in Palos Park is $875,000, up 113.4% from last year.
How long do homes stay on market in Palos Park?
Homes typically spend 137 days on market before going under contract.
Is Palos Park a buyer's or seller's market?
With 13.0 months of supply, Palos Park is currently a buyer's market.
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