Zip 60465 (Palos Hills, IL) Housing

The housing market in 60465 Palos Hills, IL is performing well above the US median. With a median house value of $235,100, it is significantly lower than the US median of $338,100. However, the 1 year appreciation rate for this area is 9.35%, which is much higher than the US average of 8.27%. This suggests that there is a high demand for housing in the 60465 Palos Hills area. The stable and increasing real estate values make this an attractive investment opportunity for potential buyers.

The median home cost in Palos Hills (zip 60465) is $235,100. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Palos Hills (zip 60465) is up 13.7%.

Average Age of Homes

- The median age of Palos Hills (zip 60465) real estate is 41 years old

The Rental Market in Palos Hills (zip 60465)

- Renters make up 19.7% of the Palos Hills (zip 60465) population
- 0.3% of houses and apartments in Palos Hills (zip 60465), 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 Hills, Illinois	United States
	8,144.0	139,647,020.0
	45	42
	$235,100	$338,100
	13.7%	16.6%
	41.6%	57.0%
	66.0%	101.1%
	$25.13	$10.98
	$5,180	$2,690
	74.1%	57.4%
	5.1%	11.2%
	20.8%	31.4%
Vacant Housing
	0.3%	1.9%
	0.3%	0.4%
	0.3%	0.7%
	1.2%	0.4%
	0.0%	3.6%
	3.0%	4.1%
Value of Owner-Occupied Housing
	0.8%	2.6%
	1.8%	2.4%
	0.4%	2.8%
	3.9%	3.9%
	2.4%	4.5%
	16.3%	11.3%
	22.5%	13.0%
	27.6%	20.1%
	16.3%	13.6%
	5.0%	8.3%
	2.8%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.3%	13.6%
	3.3%	13.6%
	10.4%	13.6%
	16.4%	13.2%
	44.8%	14.8%
	10.4%	13.6%
	8.4%	10.0%
	1.7%	4.7%
	1.0%	12.2%

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