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Palatine, IL 60074 Real Estate & Property Data

Palatine, IL 60074 Real Estate Market Trends

Last Updated: April 22, 2025

A total of 528 residential properties have been sold over the past 12 months in 60074. With a median sales price of $500,000 in 60074 and a total of 5 foreclosures in Palatine, IL 60074. Discover market trends and get the granular level real estate data for Palatine, IL 60074 to keep your pulse on the housing market. Curate compelling home reports for Palatine, IL 60074 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Palatine, IL 60074 Real Estate Market Trends

Get property data for any address in Palatine, IL 60074 or the country:

Total Residential Properties 12,239

Total Commercial Properties 302

Avg. Home Age (Single Family Home) 57 Years

Avg. Square Feet (Single Family Home) 1,764

Total 2025 Residential Sales (year-to-date) 57

% of Homes Seriously Underwater (Q2 2025) 0.81%

Total 2024 Residential Sales 506

% of Equity Rich Homes (Q2 2025) 44.91%

Effective 2024 Property Tax 1.88%

Total Foreclosure Filings (year-to-date) 12

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Palatine, IL 60074 Real Estate Overview

There were 528 residential properties sold in the past year in Palatine, IL 60074. The median home value in Palatine, IL 60074 is $296,918. There are a total of 12,239 residential properties in the 60074.

Median Sales Price i

$500,000

(Feb 2025)

+25.4%

year-over-year

y-o-y

February '25 Feb '25 $500,000
January '25 Jan '25 $412,750
December '24 Dec '24 $410,000
November '24 Nov '24 $450,500
October '24 Oct '24 $455,000
September '24 Sep '24 $400,000
August '24 Aug '24 $452,000
July '24 Jul '24 $440,000
June '24 Jun '24 $540,000
May '24 May '24 $421,500
April '24 Apr '24 $440,500
March '24 Mar '24 $410,000

Median Down Payment i

$75,365

(Feb 2025)

+43.9%

year-over-year

y-o-y

February '25 Feb '25 $75,365
January '25 Jan '25 $77,500
December '24 Dec '24 $67,650
November '24 Nov '24 $80,750
October '24 Oct '24 $15,353
September '24 Sep '24 $65,000
August '24 Aug '24 $81,750
July '24 Jul '24 $87,800
June '24 Jun '24 $95,000
May '24 May '24 $83,000
April '24 Apr '24 $73,500
March '24 Mar '24 $55,375

Number of Homes Sold i

25

(Feb 2025)

-13.8%

year-over-year

y-o-y

February '25 Feb '25 25
January '25 Jan '25 32
December '24 Dec '24 39
November '24 Nov '24 40
October '24 Oct '24 39
September '24 Sep '24 49
August '24 Aug '24 46
July '24 Jul '24 53
June '24 Jun '24 52
May '24 May '24 45
April '24 Apr '24 48
March '24 Mar '24 31

Number of Purchase Loans i

35

(Feb 2025)

+66.7%

year-over-year

y-o-y

February '25 Feb '25 35
January '25 Jan '25 26
December '24 Dec '24 34
November '24 Nov '24 28
October '24 Oct '24 44
September '24 Sep '24 36
August '24 Aug '24 38
July '24 Jul '24 38
June '24 Jun '24 31
May '24 May '24 30
April '24 Apr '24 35
March '24 Mar '24 25

Number of REFI Loans i

15

(Feb 2025)

+650%

year-over-year

y-o-y

February '25 Feb '25 15
January '25 Jan '25 16
December '24 Dec '24 17
November '24 Nov '24 8
October '24 Oct '24 16
September '24 Sep '24 10
August '24 Aug '24 15
July '24 Jul '24 12
June '24 Jun '24 12
May '24 May '24 6
April '24 Apr '24 9
March '24 Mar '24 8

Number of HELOC Loans i

11

(Feb 2025)

+83.3%

year-over-year

y-o-y

February '25 Feb '25 11
January '25 Jan '25 7
December '24 Dec '24 20
November '24 Nov '24 10
October '24 Oct '24 19
September '24 Sep '24 11
August '24 Aug '24 7
July '24 Jul '24 8
June '24 Jun '24 8
May '24 May '24 8
April '24 Apr '24 5
March '24 Mar '24 8

Palatine, IL 60074 Real Estate Market Overview

Last 30 days

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Palatine, IL 60074 Foreclosure Activity

There were a total of 5 Palatine, IL 60074 properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i

5

(Feb 2025)

+66.7%

year-over-year

y-o-y

February '25 Feb '25 5
January '25 Jan '25 7
December '24 Dec '24 5
November '24 Nov '24 1
October '24 Oct '24 1
September '24 Sep '24 1
August '24 Aug '24 4
July '24 Jul '24 4
June '24 Jun '24 6
May '24 May '24 11
April '24 Apr '24 3
March '24 Mar '24 7

Foreclosure Starts i

2

(Feb 2025)

year-over-year

y-o-y

February '25 Feb '25 2
January '25 Jan '25 6
December '24 Dec '24 1
November '24 Nov '24 1
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 2
July '24 Jul '24 4
June '24 Jun '24 6
May '24 May '24 11
April '24 Apr '24 2
March '24 Mar '24 5

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 N/A
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

Nearby Zip Codes

1. 60067

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