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Palatine, IL Real Estate & Property Data

Palatine Real Estate Market Trends

Last Updated: April 22, 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 1,345 residential properties have sold over the past year. With a median home price of $530,000 in Palatine and a total of 8 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 27,239

Total Commercial Properties 747

Avg. Home Age (Single Family Home) 53 Years

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

Total 2025 Residential Sales (year-to-date) 260

% of Homes Seriously Underwater (Q2 2025) 0.79%

Total 2024 Residential Sales 1,152

% of Equity Rich Homes (Q2 2025) 44.5%

Effective 2024 Property Tax 1.96%

Total Foreclosure Filings (year-to-date) 21

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Palatine, IL Real Estate Overview

There were 1,345 residential properties sold in the past year in Palatine, IL. The median home value in Palatine, IL is $371,248. There are a total of 27,239 residential properties in the Palatine.

Median Sales Price i

$530,000

(Feb 2025)

+22.9%

year-over-year

y-o-y

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
June '24 Jun '24 $534,000
May '24 May '24 $527,500
April '24 Apr '24 $462,500
March '24 Mar '24 $455,000

Median Down Payment i

$98,000

(Feb 2025)

+53.5%

year-over-year

y-o-y

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
June '24 Jun '24 $110,000
May '24 May '24 $103,000
April '24 Apr '24 $77,500
March '24 Mar '24 $68,400

Number of Homes Sold i

179

(Feb 2025)

+219.6%

year-over-year

y-o-y

February '25 Feb '25 179
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
June '24 Jun '24 113
May '24 May '24 115
April '24 Apr '24 105
March '24 Mar '24 74

Number of Purchase Loans i

55

(Feb 2025)

+44.7%

year-over-year

y-o-y

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 96
June '24 Jun '24 76
May '24 May '24 79
April '24 Apr '24 79
March '24 Mar '24 60

Number of REFI Loans i

26

(Feb 2025)

+160%

year-over-year

y-o-y

February '25 Feb '25 26
January '25 Jan '25 29
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
June '24 Jun '24 20
May '24 May '24 19
April '24 Apr '24 23
March '24 Mar '24 20

Number of HELOC Loans i

28

(Feb 2025)

+154.5%

year-over-year

y-o-y

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
June '24 Jun '24 26
May '24 May '24 21
April '24 Apr '24 22
March '24 Mar '24 27

Palatine, IL Real Estate Market Overview

Last 30 days

Zip

Median Est. Value
Zip

Median Est. Value

60067

$371,248 $171.4/sqft
60074

$296,918 $168.29/sqft

Palatine, IL Foreclosure Activity

There were a total of 8 Palatine, IL properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i

8

(Feb 2025)

+166.7%

year-over-year

y-o-y

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
June '24 Jun '24 10
May '24 May '24 13
April '24 Apr '24 10
March '24 Mar '24 9

Foreclosure Starts i

5

(Feb 2025)

+150%

year-over-year

y-o-y

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
June '24 Jun '24 9
May '24 May '24 13
April '24 Apr '24 7
March '24 Mar '24 6

Completed Foreclosures (REOs) i

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
June '24 Jun '24 1
May '24 May '24 N/A
April '24 Apr '24 N/A
March '24 Mar '24 N/A

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