Palatine, IL

Balanced market+5.9% YoY

Housing market overview · Updated weekly

$297,500median sale price

Homes sold

42

Last 12 weeks

Days on market

57

Average pace

Active listings

119

2.8 months supply

Sale-to-list

99.1%

Below asking

The Palatine housing market is currently classified as a balanced market with a median sale price of $297,500. Prices have risen 5.9% compared to last year, with homes spending an average of 57 days on market, indicating 2.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Palatine

There are currently 119 homes listed for sale in Palatine, Illinois. The median listing price is $305K. Featured listings range from $249,900 to $700,000.

3 bedroom condo for sale at 854 E Carriage Ln Unit 8 Palatine 60074 - $249,900
New listing
26
$249,900

854 E Carriage Ln Unit 8

Palatine, IL 60074

3 bd2 ba1,300 sqft
Condo
Est. $193K

Lori Christensen · N. W. Village Realty, Inc.

More about this property
3 bedroom condo for sale at 823 E Coach Rd Unit 8 Palatine 60074 - $268,900
New listing
34
$268,900

823 E Coach Rd Unit 8

Palatine, IL 60074

3 bd2 ba1,100 sqft
Condo
Est. $229KSold 2025 for $223K

Yasir Malik · Kairos Brokerage LLC

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2 bedroom condo for sale at 1215 N Williams Dr Unit 1 Palatine 60074 - $269,000
New listing
4
$269,000

1215 N Williams Dr Unit 1

Palatine, IL 60074

2 bd2 ba1,200 sqft
Condo
Est. $258KSold 2007 for $192K

Andrew Oh · iProperties

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2 bedroom townhouse for sale at 1390 N Knollwood Dr Unit 1390 Palatine 60067 - $279,900
New listing
17
$279,900

1390 N Knollwood Dr Unit 1390

Palatine, IL 60067

2 bd2 ba1,155 sqft
Townhouse
Est. $284KSold 2025 for $288K

Leopoldo Saucedo · Urbanitas Inc.

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3 bedroom townhouse for sale at 1375 N Whispering Springs Cir Palatine 60074 - $280,000
New listing
32
$280,000

1375 N Whispering Springs Cir

Palatine, IL 60074

3 bd1 ba1,300 sqft
Townhouse
Est. $188KSold 2001 for $142K

Peter Petrov · Real People Realty

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2 bedroom condo for sale at 945 E Kenilworth Ave Unit 312 Palatine 60074 - $293,900
New listing
39
$293,900

945 E Kenilworth Ave Unit 312

Palatine, IL 60074

2 bd2 ba1,300 sqft
Condo
Est. $188KSold 2026 for $176K

Joseph Lynn · Grapevine Realty, Inc.

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2 bedroom house for sale at 316 N Schiller St Palatine 60067 - $350,000
New listing
$350,000

316 N Schiller St

Palatine, IL 60067

2 bd1 ba884 sqft
House
Est. $332KSold 2022 for $255K

Jill Little · Suburban Life Realty, Ltd

More about this property
4 bedroom house for sale at 648 E Lincoln St Palatine 60074 - $409,900
New listing
$409,900

648 E Lincoln St

Palatine, IL 60074

4 bd2 ba1,532 sqft
House
Est. $410KSold 2023 for $336K

Albert Mendez · Coldwell Banker Realty

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3 bedroom townhouse for sale at 659 N Walden Dr Palatine 60067 - $425,000
New listing
20
$425,000

659 N Walden Dr

Palatine, IL 60067

3 bd3 ba1,892 sqft
Townhouse
Est. $412KSold 2014 for $211K

Susan Brill · Baird & Warner

More about this property
3 bedroom house for sale at 330 S Oak St Palatine 60067 - $435,000
New listing
27
$435,000

330 S Oak St

Palatine, IL 60067

3 bd2 ba2,013 sqft
House9,888 sqft lot
Est. $366KSold 2000 for $209K

Cynthia Lang · Century 21 Integra

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3 bedroom house for sale at 580 N Quentin Rd Palatine 60067 - $450,000
New listing
53
$450,000

580 N Quentin Rd

Palatine, IL 60067

3 bd2 ba1,821 sqft
House32,670 sqft lot
Est. $557K

Daniel Hoeft · HomeSmart Connect LLC

More about this property
5 bedroom house for sale at 685 E Thornhill Ln Palatine 60074 - $700,000
New listing
42
$700,000

685 E Thornhill Ln

Palatine, IL 60074

5 bd4 ba3,056 sqft
House
Est. $692KSold 2022 for $650K

Nevin Nelson · Redfin Corporation

More about this property

Looking to buy in Palatine?

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Active listings

119

Homes on market

Median list price

$305K

Avg. days on market

57

Days until sale

New this week

66

Newly listed

Price drops:10.9%of listings
Sale-to-list:99.1%

Explore nearby cities in IL

Frequently asked questions

What is the average home price in Palatine?

The median home sale price in Palatine is $297,500, up 5.9% from last year.

How long do homes stay on market in Palatine?

Homes typically spend 57 days on market before going under contract.

Is Palatine a buyer's or seller's market?

With 2.8 months of supply, Palatine is currently a balanced market.

How many homes are for sale in Palatine?

There are currently 119 homes listed for sale in Palatine, IL.

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