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Palatine, IL Real Estate & Property Data

Palatine Real Estate Market Trends

Last Updated: September 06, 2025

Accurate and comprehensive real estate data is critical for insight into Palatine, IL. ATTOM’s Palatine real estate data is updated daily, and current market trends show that in Palatine, IL a total of 1,387 residential properties have sold over the past year. With a median home price of $567,500 in Palatine and a total of 5 foreclosures. Get detailed property data for Palatine, IL instantly. ATTOM is your one-stop-shop for the Palatine property reports and real estate data you need in Palatine, IL.

Palatine Real Estate Market Trends

Get property data for any address in Palatine, IL or the country:

Total Residential Properties 27,258

Total Commercial Properties 759

Avg. Home Age (Single Family Home) 53 Years

Avg. Square Feet (Single Family Home) 2,166

Total 2025 Residential Sales (year-to-date) 652

% of Homes Seriously Underwater (Q3 2025) 0.69%

Total 2024 Residential Sales 1,152

% of Equity Rich Homes (Q3 2025) 50.27%

Effective 2024 Property Tax 1.77%

Total Foreclosure Filings (year-to-date) 46

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Palatine, IL Real Estate Overview

There were 1,387 residential properties sold in the past year in Palatine, IL. The median home value in Palatine, IL is $420,783. There are a total of 27,258 residential properties in the Palatine.

Median Sales Price i

$567,500

(Jun 2025)

+6.3%

year-over-year

y-o-y

June '25 Jun '25 $567,500
May '25 May '25 $460,500
April '25 Apr '25 $475,000
March '25 Mar '25 $590,000
February '25 Feb '25 $530,000
January '25 Jan '25 $465,000
December '24 Dec '24 $500,000
November '24 Nov '24 $421,750
October '24 Oct '24 $455,000
September '24 Sep '24 $430,000
August '24 Aug '24 $520,000
July '24 Jul '24 $450,500

Median Down Payment i

$135,000

(Jun 2025)

+22.7%

year-over-year

y-o-y

June '25 Jun '25 $135,000
May '25 May '25 $104,250
April '25 Apr '25 $76,504
March '25 Mar '25 $98,800
February '25 Feb '25 $98,000
January '25 Jan '25 $92,500
December '24 Dec '24 $77,580
November '24 Nov '24 $86,750
October '24 Oct '24 $103,700
September '24 Sep '24 $89,000
August '24 Aug '24 $98,000
July '24 Jul '24 $95,000

Number of Homes Sold i

110

(Jun 2025)

-2.7%

year-over-year

y-o-y

June '25 Jun '25 110
May '25 May '25 100
April '25 Apr '25 82
March '25 Mar '25 98
February '25 Feb '25 181
January '25 Jan '25 81
December '24 Dec '24 97
November '24 Nov '24 91
October '24 Oct '24 98
September '24 Sep '24 99
August '24 Aug '24 114
July '24 Jul '24 123

Number of Purchase Loans i

80

(Jun 2025)

+5.3%

year-over-year

y-o-y

June '25 Jun '25 80
May '25 May '25 79
April '25 Apr '25 59
March '25 Mar '25 202
February '25 Feb '25 55
January '25 Jan '25 67
December '24 Dec '24 74
November '24 Nov '24 68
October '24 Oct '24 87
September '24 Sep '24 75
August '24 Aug '24 90
July '24 Jul '24 97

Number of REFI Loans i

24

(Jun 2025)

+20%

year-over-year

y-o-y

June '25 Jun '25 24
May '25 May '25 33
April '25 Apr '25 32
March '25 Mar '25 32
February '25 Feb '25 26
January '25 Jan '25 30
December '24 Dec '24 35
November '24 Nov '24 29
October '24 Oct '24 52
September '24 Sep '24 34
August '24 Aug '24 38
July '24 Jul '24 28

Number of HELOC Loans i

30

(Jun 2025)

+15.4%

year-over-year

y-o-y

June '25 Jun '25 30
May '25 May '25 36
April '25 Apr '25 38
March '25 Mar '25 28
February '25 Feb '25 28
January '25 Jan '25 23
December '24 Dec '24 32
November '24 Nov '24 29
October '24 Oct '24 35
September '24 Sep '24 25
August '24 Aug '24 18
July '24 Jul '24 22

Palatine, IL Real Estate Market Overview

Last 30 days

Zip

Median Est. Value
Zip

Median Est. Value

60067

$420,783 $194.27/sqft
60074

$314,933 $178.5/sqft

Palatine, IL Foreclosure Activity

There were a total of 5 Palatine, IL properties with a foreclosure filing in June 2025.

Total Foreclosure Filings i

5

(Jun 2025)

-50%

year-over-year

y-o-y

June '25 Jun '25 5
May '25 May '25 6
April '25 Apr '25 6
March '25 Mar '25 8
February '25 Feb '25 8
January '25 Jan '25 13
December '24 Dec '24 7
November '24 Nov '24 4
October '24 Oct '24 5
September '24 Sep '24 7
August '24 Aug '24 5
July '24 Jul '24 10

Foreclosure Starts i

4

(Jun 2025)

-55.6%

year-over-year

y-o-y

June '25 Jun '25 4
May '25 May '25 4
April '25 Apr '25 4
March '25 Mar '25 7
February '25 Feb '25 5
January '25 Jan '25 11
December '24 Dec '24 2
November '24 Nov '24 2
October '24 Oct '24 2
September '24 Sep '24 3
August '24 Aug '24 2
July '24 Jul '24 8

Completed Foreclosures (REOs) i

June '25 Jun '25 N/A
May '25 May '25 1
April '25 Apr '25 2
March '25 Mar '25 1
February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 1
November '24 Nov '24 N/A
October '24 Oct '24 1
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 N/A

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