Palos Heights, IL

Balanced market+5.2% YoY

Housing market overview · Updated weekly

$355,000median sale price

Homes sold

9

Last 12 weeks

Days on market

41

Average pace

Active listings

36

4.0 months supply

Sale-to-list

96.1%

Below asking

The Palos Heights housing market is currently classified as a balanced market with a median sale price of $355,000. Prices have risen 5.2% compared to last year, with homes spending an average of 41 days on market, indicating 4.0 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 Palos Heights

There are currently 36 homes listed for sale in Palos Heights, Illinois. The median listing price is $322K.

Active listings

36

Homes on market

Median list price

$322K

Avg. days on market

41

Days until sale

New this week

16

Newly listed

Price drops:19.4%of listings
Sale-to-list:96.1%

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Frequently asked questions

What is the average home price in Palos Heights?

The median home sale price in Palos Heights is $355,000, up 5.2% from last year.

How long do homes stay on market in Palos Heights?

Homes typically spend 41 days on market before going under contract.

Is Palos Heights a buyer's or seller's market?

With 4.0 months of supply, Palos Heights is currently a balanced market.

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