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Land Foreclosures in Palos Hills, IL

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Palos Hills, IL Foreclosures

How much do homes sell for in Palos Hills, IL?
The average home price is currently $315,882.
In Palos Hills, IL, how many homes are available?
There are currently 11,377 active home listings available in Palos Hills.
What’s the average rental cost in Palos Hills, IL?
The average rental price in Palos Hills is $1,672.
What is the most expensive home in Palos Hills?
The most expensive home sold in Palos Hills had a price of $4,597,723.
What is currently the cheapest priced home in Palos Hills, IL?
The cheapest home for sale in Palos Hills is priced at $15,839.

Living in Palos Hills, IL

Palos Hills, IL, is a charming suburb located southwest of Chicago, known for its family-friendly environment and abundance of parks and recreational activities. The area offers good schools, shopping, and easy access to downtown Chicago, making it an ideal location for those seeking suburban living with urban conveniences. Residents enjoy a tight-knit community atmosphere with a variety of local amenities.

Current Market Conditions in Palos Hills, IL

Palos Hills has experienced a stable real estate market over the past few years. Housing prices have gradually increased, reflecting a consistent demand for properties in the area. The neighborhood attracts families and individuals looking for more space and a suburban lifestyle, which helps maintain property values. Recent developments around the area have also contributed to the overall desirability of the community.

Home Value Estimator For Palos Hills, IL

There are currently 7,558 real estate properties in Palos Hills, IL, with a median automated valuation model (AVM) price of $289,912.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Palos Hills, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Palos Hills, IL, is $315,882.00, with the most expensive house in Palos Hills, IL, topping out at $4,597,723.00 and the cheapest home in Palos Hills, IL, clocking in at $15,839.00. In other words, there’s something for every potential homebuyer or savvy investor in Palos Hills, IL!

Rent Prices In Palos Hills, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Palos Hills, IL, is on a rollercoaster ride. The average rent price in Palos Hills, IL, is $1,672.00. Indeed, when looking to rent in Palos Hills, IL, you can expect to pay as little as $730.00 or as much as $3,470.00, with the average rent median estimated to be $1,650.00. The good news is that finding an affordable and desirable property to rent in Palos Hills, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Palos Hills, IL Land


Market Trend for Palos Hills, IL

Total Listings Available: 11,377

Market Values:

Home Prices from $15,839 to $4,597,723

Average Sales Price: $315,882

Rental Values:

Rental from $730 to $3,470

Average Rent Value: $1,672 / month

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