The housing in Palos Heights, IL is very robust and desirable. The median value of a house in the area is $323,200 which is slightly less than the US median value of $338,100. However, what sets apart Palos Heights from other areas is its 1 year house appreciation rate which stands at 9.35%, which is higher than the national average of 8.27%. This makes living in Palos Heights an attractive option as it offers great growth potential for buyers and investors alike.
The median home cost in Palos Heights is $323,200. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Palos Heights is up 13.7%.
Average Age of Homes
- The median age of Palos Heights real estate is 42 years old
The Rental Market in Palos Heights
- Renters make up 5.3% of the Palos Heights population
- 0.0% of houses and apartments in Palos Heights, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.