House Prices

House Prices & Home Values Palos Park, IL 2026


Average Data

average house price$781,470
average size per house4574 ft²
average price per ft²171 $ / ft²

05/19/2026 - The value range (VR) for house prices in Palos Park, IL is $193/ sqft to $193/ sqft. An average home with 4574 sqft costs approximately $882,782 to $882,782. Palos Park, IL includes 1 ZIP codes and it is located in Cook county. The lowest prices are found in ZIP 60464, while the highest are in ZIP 60464. The average price per sqare feet is $171. Our analysis is based on 7 property listings.

Avergage prices by ZIP codes Palos Park

60464179 $ / ft²




Historical development of home values in Palos Park

Year Estimated value (USD) Change vs. 2025
2010 $362,929 -53.6%
2011 $348,894 -55.4%
2012 $347,955 -55.5%
2013 $360,961 -53.8%
2014 $378,909 -51.5%
2015 $398,356 -49.0%
2016 $419,145 -46.4%
2017 $441,768 -43.5%
2018 $466,191 -40.3%
2019 $487,808 -37.6%
2020 $513,025 -34.4%
2021 $583,511 -25.3%
2022 $680,243 -13.0%
2023 $717,347 -8.2%
2024 $758,847 -2.9%
2025 $781,470 0.0%

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



Example: 100% financing house in Palos Park

Loan amount: $781,470

Interest rate: 6.00%

Fixed monthly payment: $4,685.31

Breakdown in the 1st month:
Interest portion: $3,907.35  –  Principal portion: $777.96

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $46,627.15 $9,596.54 $771,873.46
2 $46,035.25 $10,188.44 $761,685.02
3 $45,406.85 $10,816.84 $750,868.18
4 $44,739.69 $11,484.00 $739,384.19
5 $44,031.39 $12,192.30 $727,191.88
6 $43,279.39 $12,944.30 $714,247.58
7 $42,481.02 $13,742.67 $700,504.91
8 $41,633.40 $14,590.29 $685,914.62
9 $40,733.50 $15,490.19 $670,424.43
10 $39,778.10 $16,445.59 $653,978.83
11 $38,763.77 $17,459.92 $636,518.92
12 $37,686.88 $18,536.81 $617,982.11
13 $36,543.57 $19,680.12 $598,301.99
14 $35,329.74 $20,893.95 $577,408.04
15 $34,041.05 $22,182.64 $555,225.40
16 $32,672.88 $23,550.81 $531,674.59
17 $31,220.31 $25,003.38 $506,671.21
18 $29,678.16 $26,545.53 $480,125.68
19 $28,040.89 $28,182.80 $451,942.88
20 $26,302.64 $29,921.05 $422,021.83
21 $24,457.17 $31,766.52 $390,255.31
22 $22,497.88 $33,725.81 $356,529.50
23 $20,417.75 $35,805.94 $320,723.55
24 $18,209.31 $38,014.38 $282,709.18
25 $15,864.67 $40,359.02 $242,350.16
26 $13,375.41 $42,848.28 $199,501.88
27 $10,732.63 $45,491.06 $154,010.82
28 $7,926.84 $48,296.85 $105,713.97
29 $4,947.99 $51,275.70 $54,438.27
30 $1,785.42 $54,438.27 $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 Park, IL


1500 sqft3900 sqft
Ø selling price$310,365$660,231
Ø fast selling$282,150$594,208
Ø high price sale$338,580$726,255

In 2026, houses in Palos Park, IL will be offered at an average price of $171 per square foot. A 1,500 sqft home priced at $310,365 is 21.28% more expensive per square foot than a 3,900 sqft home priced at $660,231. Home prices in Palos Park, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $457,084. Sellers who can wait longer may achieve a higher price of up to $558,658.


Discover Palos Park, IL

Palos Park, IL is a tranquil, upscale Chicago suburb in southwest Cook County, celebrated for its towering woodlands and open space.

Known as the Village of Forests, Palos Park, IL offers a peaceful lifestyle with quick access to city amenities.

Outdoor Recreation & Nature

With the expansive Palos Trail System, nearby forest preserves, and scenic lakes, visitors will find endless things to do in Palos Park, including hiking, biking, birding, horseback riding, and winter sports.

Swallow Cliff stairs, Sag Valley trails, Maple Lake, and Tampier Lake make the area a year-round outdoor hub.

Community & Lifestyle

The village blends a close-knit community with arts, boutique dining, and local shops along La Grange Road and charming village corridors.

Signature events like the Autumn In The Park festival and concerts in the park showcase Palos Park culture and small-town warmth.

Schools & Services

Residents benefit from well-regarded public schools, active park district programs, and a friendly library that anchors learning for all ages.

Quality healthcare, wellness studios, and family services are minutes away, supporting a healthy, convenient lifestyle.

Transportation & Real Estate

Commuters appreciate the Metra SouthWest Service station in the village, plus easy drives via La Grange Road, the Cal-Sag corridor, I-294, and I-55 for regional connectivity.
Palos Park real estate features spacious lots, custom homes, mid-century residences, and low-maintenance townhomes?ideal for those seeking privacy near Chicago and browsing homes for sale in Palos Park.



FAQ – Home Values in Palos Park

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

In 2026, the typical home value in Palos Park is about $781,470 for an average home size of 4574 square feet. This corresponds to an average price of roughly $171 per square foot.

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

In 2026, homes in Palos Park sell for an average of around $171 per square foot, with a typical range between $193 and $193 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 Park is about 4574 square feet, with an estimated 2026 value around $781,470.



Locations close to Palos Park, IL

Palos Hills, IL168 $ / ft²
Park Forest, IL98 $ / ft²
Orland Park, IL173 $ / ft²
Palos Heights, IL137 $ / ft²
Orland Park, IL173 $ / ft²
Olympia Fields, IL100 $ / ft²
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