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City / Town Overview

Palos Park, IL

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

Market Analysis

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

The Palos Park, IL real estate market currently shows 22 active listings, with 6 pending sales. Homes are averaging 43 days on the market before going under contract.

Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 43 days on market compared to 140 days last year.

The median listing price has fallen 33.3% year-over-year, from $595,725 to $397,500.

Whether you are buying or selling in Palos Park, 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: 9,779  ·  Density: 286.8/mi²  ·  Median household income: $127,686

Typical home value: $454,226  ·  Homeownership: 91.5%

Included Areas

Palos Park: 60464

Area Map

Market Overview

Active Listings
22
⇩ 26.7% vs 30 last year
Pending
6
27% pending ratio
Median Price
$397,500
⇩ 33.3% vs $595,725 last year
Average Price
$549,974
⇩ 9.3% vs $606,559 last year
Days on Market
43
⇩ 69.3% vs 140 days last year

Price Per Square Foot

Median $/sqft
$225
⇧ 6.6% vs $211/sqft last year
Median Home Size
1,672 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 %