Palos Hills, IL

Balanced market-12.3% YoY

Housing market overview · Updated weekly

$240,000median sale price

Homes sold

15

Last 12 weeks

Days on market

72

Average pace

Active listings

58

3.9 months supply

Sale-to-list

97.8%

Below asking

The Palos Hills housing market is currently classified as a balanced market with a median sale price of $240,000. Prices have fallen 12.3% compared to last year, with homes spending an average of 72 days on market, indicating 3.9 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 Hills

There are currently 58 homes listed for sale in Palos Hills, Illinois. The median listing price is $285K.

Active listings

58

Homes on market

Median list price

$285K

Avg. days on market

72

Days until sale

New this week

28

Newly listed

Price drops:10.3%of listings
Sale-to-list:97.8%

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Frequently asked questions

What is the average home price in Palos Hills?

The median home sale price in Palos Hills is $240,000, down 12.3% from last year.

How long do homes stay on market in Palos Hills?

Homes typically spend 72 days on market before going under contract.

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

With 3.9 months of supply, Palos Hills is currently a balanced market.

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