Home/Palatine/Market Report

Palatine Housing Market Report

August 2026 • Updated daily from MLS data

$511,425
Average Price
130
Active Listings
63
Avg Days on Market
$255
Avg Price/Sqft
0
New This Week

Inventory by Property Type

Active listings in Palatine broken down by property type

63
Single Family
View listings
28
Condo
View listings
27
Townhouse
View listings
0
Multifamily
View listings

Price Distribution

How Palatine home prices are distributed across price ranges

Under $100K
2
2
$100K–$200K
15
15
$200K–$300K
24
24
$300K–$500K
43
43
$500K–$750K
22
22
$750K–$1M
10
10
$1M+
13
13

Listings by Bedrooms

Bedroom count breakdown for active listings in Palatine

10
1 Bed
42
2 Bed
40
3 Bed
26
4 Bed
8
5+ Bed

Demographics & Community

Census data for Palatine, Illinois

67,223
Population
$93,383
Median Household Income
39.4
Median Age
$337,200
Census Median Home Value

Housing Occupancy

Total Housing Units28,065
Owner-Occupied17,942 (67.5%)
Renter-Occupied8,640 (32.5%)
Vacant Units1,483
Median Rent$1,427/mo

Commute & Education

Median Commute30790 min
Work From Home8.6%
Public Transit1.7%
Bachelor's Degree+34.9%
High School Diploma+0.0%

Affordability & Housing Costs

HUD data for the Palatine area

Fair Market Rent (2024)

Studio$1,399/mo
1 Bedroom$1,507/mo
2 Bedroom$1,714/mo
3 Bedroom$2,182/mo
4 Bedroom$2,583/mo

Income Limits (2024)

Median Family Income$112,100
Low Income (4-person)$89,700
Very Low Income (4-person)$56,050
Extremely Low (4-person)$33,650

Safety & Crime Statistics

Crime data for Palatine (2024)

47
Violent Crimes
604
Property Crimes
133
Burglaries
42
Vehicle Thefts

School Districts

School districts serving Palatine properties

15
95
156

Featured Listings in Palatine

Top properties currently on the market

831 Carriage
$232,000
2
2
831 Carriage
Palatine, IL
3100 Bayside
$229,900
2
2
1,132 sqft
3100 Bayside
Palatine, IL
1308 Inverrary
$244,000
3
1
900 sqft
1308 Inverrary
Palatine, IL
2081 Ginger
$272,000
2
2
903 sqft
2081 Ginger
Palatine, IL
1311 Baldwin
$189,900
2
1
800 sqft
1311 Baldwin
Palatine, IL
1 Renaissance
$158,900
2
2
1 Renaissance
Palatine, IL
View All Palatine Properties

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