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City / Town Overview

Palatine, IL

Aggregate real estate market report across all ZIPs in scope
Balanced Market
April 2026  ·  Source: Realtor.com

Market Analysis

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

The Palatine, IL real estate market currently shows 187 active listings, with 103 pending sales. Homes are averaging 27.7 days on the market before going under contract.

Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 27.7 days on market compared to 23.4 days last year.

The median listing price has risen 0% year-over-year, from $403,146 to $403,211.

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
187
⇩ 5.6% vs 198 last year
Pending
103
55% pending ratio
Median Price
$403,211
vs $403,146 last year
Average Price
$540,985
⇧ 14.8% vs $471,280 last year
Days on Market
27.7
⇧ 18.4% vs 23 days last year

Price Per Square Foot

Median $/sqft
$242
⇩ 0.5% vs $243/sqft last year
Median Home Size
1,574 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 %