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City / Town Overview

Palatine, IL

Aggregate real estate market report across all ZIPs in scope
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The Palatine, IL real estate market currently shows 172 active listings, with 98 pending sales. Homes are averaging 27.9 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 27.9 days on market compared to 25.2 days last year.

The median listing price has fallen 4.8% year-over-year, from $466,188 to $443,719.

Whether you are buying or selling in Palatine, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 75,602  ·  Density: 1,574.3/mi²  ·  Median household income: $100,829

Typical home value: $358,973  ·  Homeownership: 69%

Included Areas

Palatine: 60038, 60055, 60067, 60078, 60094, 60095

Capri Village: 60074

Area Map

Market Overview

Active Listings
172
⇧ 4.2% vs 165 last year
Pending
98
57% pending ratio
Median Price
$443,719
⇩ 4.8% vs $466,188 last year
Average Price
$545,325
⇧ 7.1% vs $509,404 last year
Days on Market
27.9
⇧ 10.7% vs 25 days last year

Price Per Square Foot

Median $/sqft
$242
⇧ 3.5% vs $234/sqft last year
Median Home Size
1,728 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %