Zip 60463 (Palos Heights, IL) Housing

In 60463 Palos Heights, IL the median value of housing is $326,800 which is slightly lower than the US median value of $338,100. However, the housing in Palos Heights has experienced a greater appreciation rate of 9.35% over the past year compared to the US rate of 8.27%. This suggests that the housing market in Palos Heights is healthy and continuing to rise despite being slightly below the national average for median value.

The median home cost in Palos Heights (zip 60463) is $326,800. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Palos Heights (zip 60463) is up 13.7%.

Average Age of Homes

- The median age of Palos Heights (zip 60463) real estate is 44 years old

The Rental Market in Palos Heights (zip 60463)

- Renters make up 4.7% of the Palos Heights (zip 60463) population
- 0.0% of houses and apartments in Palos Heights (zip 60463), 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

Housing	Palos Heights, Illinois	United States
	5,467.0	139,647,020.0
	46	42
	$326,800	$338,100
	13.7%	16.6%
	41.6%	57.0%
	66.0%	101.1%
	$22.78	$10.98
	$6,897	$2,690
	89.7%	57.4%
	5.6%	11.2%
	4.7%	31.4%
Vacant Housing
	0.0%	1.9%
	0.5%	0.4%
	2.4%	0.7%
	0.8%	0.4%
	0.3%	3.6%
	1.6%	4.1%
Value of Owner-Occupied Housing
	0.7%	2.6%
	1.0%	2.4%
	0.4%	2.8%
	0.0%	3.9%
	0.2%	4.5%
	2.0%	11.3%
	8.4%	13.0%
	36.3%	20.1%
	37.3%	13.6%
	7.4%	8.3%
	5.4%	9.7%
	0.6%	3.9%
	0.4%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	15.2%	13.6%
	15.2%	13.6%
	6.3%	13.6%
	14.7%	13.2%
	22.6%	14.8%
	6.3%	13.6%
	16.7%	10.0%
	4.1%	4.7%
	1.6%	12.2%

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