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Palos Park Housing Market Report

August 2026 • Updated daily from MLS data

$1,004,648
Average Price
28
Active Listings
24
Avg Days on Market
$280
Avg Price/Sqft
0
New This Week

Inventory by Property Type

Active listings in Palos Park broken down by property type

21
Single Family
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4
Condo
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2
Townhouse
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0
Multifamily
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Price Distribution

How Palos Park home prices are distributed across price ranges

Under $100K
0
$100K–$200K
0
$200K–$300K
1
1
$300K–$500K
9
9
$500K–$750K
4
4
$750K–$1M
5
5
$1M+
8
8

Listings by Bedrooms

Bedroom count breakdown for active listings in Palos Park

0
1 Bed
4
2 Bed
10
3 Bed
7
4 Bed
7
5+ Bed

Demographics & Community

Census data for Palos Park, Illinois

4,836
Population
$128,370
Median Household Income
59.5
Median Age
$445,200
Census Median Home Value

Housing Occupancy

Total Housing Units2,148
Owner-Occupied1,811 (90.5%)
Renter-Occupied189 (9.4%)
Vacant Units148

Commute & Education

Median Commute1498 min
Work From Home12.7%
Public Transit1.0%
Bachelor's Degree+41.7%
High School Diploma+0.5%

Affordability & Housing Costs

HUD data for the Palos Park 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 Palos Park (2024)

0
Violent Crimes
25
Property Crimes
2
Burglaries
1
Vehicle Thefts

School Districts

School districts serving Palos Park properties

118

Featured Listings in Palos Park

Top properties currently on the market

110 Commons
$489,900
3
4
2,301 sqft
110 Commons
Palos Park, IL
12307 Hobart
$1,350,000
5
5
4,804 sqft
12307 Hobart
Palos Park, IL
19 Saint Moritz
$324,900
2
2
1,650 sqft
19 Saint Moritz
Palos Park, IL
12611 Palos West
$574,808
4
5
2,800 sqft
12611 Palos West
Palos Park, IL
8510 122nd
$1,295,000
6
6
8510 122nd
Palos Park, IL
11555 Elbridge
$1,200,000
5
5
5,500 sqft
11555 Elbridge
Palos Park, IL
View All Palos Park Properties

Save $27,739 on the Average Palos Park Home

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