Home / Select Cities  /  2024 Comparing Palatine, IL vs. Valparaiso, IN

2024 Compare Cities Housing:
Palatine, IL vs Valparaiso, IN

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Highlights
- The median age of a home in Palatine is 2.3% older than the median age of a home in Valparaiso.

Housing
 Palatine, ILValparaiso, INUnited States
 Median Home Age444342
 Median Home Cost$305,600$301,200$338,100
 Home Appr. Last 12 months14.5%14.2%16.6%
 Home Appr. Last 5 yrs.31.8%54.9%57.0%
 Home Appr. Last 10 yrs.54.6%76.1%101.1%
 Property Tax Rate$25.1$9.2$11.0
 Homes Owned63.1%50.7%57.4%
 Housing Vacant6.1%5.7%11.2%
 Homes Rented30.8%43.6%31.4%
 space
 Avg Rent For Home Or Apartment
 Palatine, ILValparaiso, INUnited States
 Average Rent$2,010$1,320$1,840
 Studio Apartment$1,290$740$1,080
 1 Bedroom Home or Apartment$1,400$890$1,180
 2 Bedroom Home or Apartment$1,600$1,090$1,430
 3 Bedroom Home or Apartment$2,040$1,340$1,860
 4 Bedroom Home or Apartment$2,420$1,490$2,160
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 Vacant Housing
 Palatine, ILValparaiso, INUnited States
 Vacant For Rent2.2%3.3%1.9%
 Vacant Rented0.3%0.8%0.4%
 Vacant For Sale0.7%0.2%0.7%
 Vacant Sold0.3%0.4%0.4%
 Vacant Vacation0.6%0.5%3.6%
 Vacant Other2.0%0.6%4.1%
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 Owner-Occupied Housing Value
 Palatine, ILValparaiso, INUnited States
 Less Than $20,0000.5%0.9%2.6%
 $20,000 to $39,9990.7%1.4%2.4%
 $40,000 to $59,9990.7%0.0%2.8%
 $60,000 to $79,9991.1%1.5%3.9%
 $80,000 to $99,9991.6%1.0%4.5%
 $100,000 to $149,99912.4%18.9%11.3%
 $150,000 to $199,9998.2%26.6%13.0%
 $200,000 to $299,99925.9%27.1%20.1%
 $300,000 to $399,99923.2%13.7%13.6%
 $400,000 to $499,99912.6%4.6%8.3%
 $500,000 to $749,99911.7%3.5%9.7%
 $750,000 to $999,9991.0%0.3%3.9%
 $1,000,000 to $1,499,9990.0%0.3%2.2%
 $1,500,000 to $1,999,9990.0%0.0%0.8%
 $2,000,000 and over0.1%0.0%1.1%
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 Housing Units By Year Built
 Palatine, ILValparaiso, INUnited States
 2015 and Newer0.0%0.0%0.2%
 2010 to 20149.0%9.5%13.6%
 2000 to 20099.0%9.5%13.6%
 1990 to 199912.9%19.2%13.6%
 1980 to 198917.9%10.2%13.2%
 1970 to 197928.7%17.2%14.8%
 1960 to 196912.9%19.2%13.6%
 1950 to 19599.5%7.8%10.0%
 1940 to 19492.7%2.6%4.7%
 1939 or Earlier2.7%15.0%12.2%

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Reviews for Palatine    7 Reviews

No town is perfect. One flaw in Palatine are that it lacks enough updated, healthier food restaurants. A more serious flaw is that the elementary district does not  More

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Over 14 years ago

The correct total Sales Tax Rate for Palatine, Cook County, IL is 9.5%, not  More

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Over 14 years ago

Palatine is a great community for raising a family. Good schools and extremely low crime rate just add to that point. Minutes to Schaumburg and all the shopping and  More

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Reviews for Valparaiso    11 Reviews

Over 9 years ago

I moved to Valparaiso, IN about 1 year ago. I moved here because I was attending the law school located here. At a glance, it appears to be a small town, with many new  More

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Over 10 years ago

My favorite restaurants in Valparaiso are: Panera Bread--The lines sometimes get long, but, the service is decent and the food is great. Red Robin--Bottomless fries  More

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I loved driving anywhere, down any road because of the trees, fields and green, green grass that is all over. Cost of living is outrageous! But lil towns close by make  More

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