Palatine, NY Housing


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Palatine, NY is an attractive housing market with a median value of $141,800, which is significantly lower than the US median value of $338,100. In addition, the 1 year house appreciation in Palatine is 11.97%, significantly higher than the US average of 8.27%. This indicates that Palatine homes are not only affordable but also appreciate in value over time making them a great investment opportunity for potential homeowners.

The median home cost in Palatine is $141,800. Home appreciation the last 10 years has been 74.7%. Home Appreciation in Palatine is up 15.8%.

Average Age of Homes
- The median age of Palatine real estate is 42 years old
The Rental Market in Palatine
- Renters make up 20.1% of the Palatine population
- 0.4% of houses and apartments in Palatine, 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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingPalatine, New YorkUnited States
  1,430.0139,647,020.0
  5042
  $141,800$338,100
  15.8%16.6%
  55.0%57.0%
  74.7%101.1%
  $32.93$10.98
  $3,240$2,690
  66.9%57.4%
  10.6%11.2%
  22.6%31.4%
  Vacant Housing
  0.4%1.9%
  0.5%0.4%
  0.7%0.7%
  0.0%0.4%
  2.7%3.6%
  6.3%4.1%
  Value of Owner-Occupied Housing
  3.0%2.6%
  9.2%2.4%
  7.4%2.8%
  10.5%3.9%
  20.8%4.5%
  18.7%11.3%
  17.9%13.0%
  8.5%20.1%
  1.2%13.6%
  0.0%8.3%
  0.2%9.7%
  2.6%3.9%
  0.0%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  14.5%13.6%
  14.5%13.6%
  13.8%13.6%
  8.5%13.2%
  11.7%14.8%
  13.8%13.6%
  4.4%10.0%
  4.5%4.7%
  36.4%12.2%
Commute
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