The Palos Heights housing market is somewhat competitive. The median sale price of a home in Palos Heights was $367K last month, up 33.8% since last year. The median sale price per square foot in Palos Heights is $188, up 9.0% since last year.
What is the housing market like in Palos Heights today?
In October 2024, Palos Heights home prices were up 33.8% compared to last year, selling for a median price of $367K. On average, homes in Palos Heights sell after 74 days on the market compared to 35 days last year. There were 8 homes sold in October this year, down from 9 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$366,500
+33.8% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Palos Heights, IL
$366,500
+33.8%
United States
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How hot is the Palos Heights housing market?
Palos Heights is somewhat competitive. Homes sell in 49.5 days.
0
100
54
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 50 days.
Hot homes
can sell for around list price and go pending in around 33 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Palos Heights housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Palos Heights.
Flood Factor - Moderate
23% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Palos Heights has a moderate risk of flooding. 528 properties in Palos Heights are likely to be
severely affected
by flooding over the next 30 years. This represents 23% of all properties in Palos Heights. Flood risk is increasing slower than the national average.
24% of properties are at risk of wildfire over the next 30 years
Fire Factor
Palos Heights has a moderate risk of wildfire. There are 1,031 properties in Palos Heights that have some risk of being affected by wildfire over the next 30 years. This represents 24% of all properties in Palos Heights.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Palos Heights has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Palos Heights is most at risk from hurricanes. 4,130 properties in Palos Heights have some risk of being in a severe wind event within the next 30 years.