House Prices

House Prices & Home Values Palos Heights, IL 2026


Average Data

average house price$311,243
average size per house2131 ft²
average price per ft²147 $ / ft²

05/19/2026 - The value range (VR) for house prices in Palos Heights, IL is $144/ sqft to $144/ sqft. An average home with 2131 sqft costs approximately $306,864 to $306,864. Palos Heights, IL includes 1 ZIP codes and it is located in Cook county. The lowest prices are found in ZIP 60463, while the highest are in ZIP 60463. The average price per sqare feet is $147. Our analysis is based on 7 property listings.

Avergage prices by ZIP codes Palos Heights

60463137 $ / ft²




Historical development of home values in Palos Heights

Year Estimated value (USD) Change vs. 2025
2010 $144,547 -53.6%
2011 $138,957 -55.4%
2012 $138,583 -55.5%
2013 $143,763 -53.8%
2014 $150,912 -51.5%
2015 $158,657 -49.0%
2016 $166,937 -46.4%
2017 $175,947 -43.5%
2018 $185,674 -40.3%
2019 $194,284 -37.6%
2020 $204,327 -34.4%
2021 $232,400 -25.3%
2022 $270,926 -13.0%
2023 $285,704 -8.2%
2024 $302,233 -2.9%
2025 $311,243 0.0%

Graph: estimated home values in Palos Heights over time (USD)



Example: 100% financing house in Palos Heights

Loan amount: $311,243

Interest rate: 6.00%

Fixed monthly payment: $1,866.06

Breakdown in the 1st month:
Interest portion: $1,556.22  –  Principal portion: $309.84

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $18,570.61 $3,822.10 $307,420.90
2 $18,334.87 $4,057.84 $303,363.06
3 $18,084.59 $4,308.12 $299,054.94
4 $17,818.88 $4,573.83 $294,481.11
5 $17,536.77 $4,855.94 $289,625.17
6 $17,237.27 $5,155.44 $284,469.73
7 $16,919.29 $5,473.42 $278,996.31
8 $16,581.70 $5,811.01 $273,185.31
9 $16,223.29 $6,169.42 $267,015.89
10 $15,842.78 $6,549.93 $260,465.96
11 $15,438.79 $6,953.92 $253,512.04
12 $15,009.89 $7,382.82 $246,129.22
13 $14,554.53 $7,838.18 $238,291.05
14 $14,071.09 $8,321.62 $229,969.43
15 $13,557.83 $8,834.88 $221,134.55
16 $13,012.92 $9,379.79 $211,754.76
17 $12,434.39 $9,958.32 $201,796.45
18 $11,820.18 $10,572.52 $191,223.92
19 $11,168.09 $11,224.61 $179,999.31
20 $10,475.78 $11,916.92 $168,082.38
21 $9,740.77 $12,651.93 $155,430.45
22 $8,960.43 $13,432.28 $141,998.17
23 $8,131.96 $14,260.75 $127,737.42
24 $7,252.39 $15,140.32 $112,597.10
25 $6,318.56 $16,074.15 $96,522.95
26 $5,327.15 $17,065.56 $79,457.39
27 $4,274.58 $18,118.13 $61,339.26
28 $3,157.09 $19,235.62 $42,103.64
29 $1,970.68 $20,422.03 $21,681.61
30 $711.10 $21,681.61 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Palos Heights, IL


1500 sqft3900 sqft
Ø selling price$266,806$567,567
Ø fast selling$242,551$510,811
Ø high price sale$291,060$624,324

In 2026, houses in Palos Heights, IL will be offered at an average price of $147 per square foot. A 1,500 sqft home priced at $266,806 is 21.76% more expensive per square foot than a 3,900 sqft home priced at $567,567. Home prices in Palos Heights, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $392,932. Sellers who can wait longer may achieve a higher price of up to $480,250.


Discover Palos Heights, IL

Palos Heights, IL is a welcoming city in southwest Cook County within the Chicago Southland, known for tree-lined neighborhoods and a friendly small-town feel. Centrally located along Route 83 and Harlem Avenue, the community offers quick connections to nearby suburbs and downtown Chicago. Visitors and residents enjoy local shopping districts, diverse dining, and a walkable core along College Drive.

Outdoor Recreation and Attractions

The crown jewel is Lake Katherine Nature Center & Botanic Gardens, where trails, gardens, and the Cal-Sag Trail provide scenic year-round recreation. Nearby forest preserves and the Cal-Sag Channel offer birding, kayaking, and easy access to regional greenways.

Community, Schools, and Healthcare

Families appreciate strong schools and higher education options like Trinity Christian College, plus an active library and park district programming. Healthcare needs are served by Northwestern Medicine Palos Hospital in Palos Heights, offering comprehensive services close to home.

Real Estate, Dining, and Access

Real estate in Palos Heights, Illinois ranges from classic ranch homes to newer townhomes, attracting buyers seeking space, value, and mature landscaping. Community spirit shines through a seasonal farmers market, concerts, and holiday events that bring neighbors together. Commuters benefit from the Palos Heights Metra SouthWest Service station and convenient routes such as 127th Street, Harlem Avenue (IL-43), and Route 83.



FAQ – Home Values in Palos Heights

What is the median home value in Palos Heights in 2026?

In 2026, the typical home value in Palos Heights is about $311,243 for an average home size of 2131 square feet. This corresponds to an average price of roughly $147 per square foot.

What is the average cost per square foot in Palos Heights?

In 2026, homes in Palos Heights sell for an average of around $147 per square foot, with a typical range between $144 and $144 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Palos Heights is about 2131 square feet, with an estimated 2026 value around $311,243.



Locations close to Palos Heights, IL

Palos Park, IL179 $ / ft²
Palos Hills, IL168 $ / ft²
Park Forest, IL98 $ / ft²
Orland Park, IL173 $ / ft²
Olympia Fields, IL100 $ / ft²
Odell, IL71 $ / ft²




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