Zip 60464 (Palos Park, IL) Housing

Housing in 60464 Palos Park, IL is above the national housing median value, with a median value of $444,300 compared to the US House Median Value of $338,100. Additionally, the 1 year House Appreciation in Palos Park is 9.35%, higher than the US 1 year House Appreciation of 8.27%. This makes Palos Park an attractive place to invest in when it comes to housing as it provides better returns than many other areas across the country.

The median home cost in Palos Park (zip 60464) is $444,300. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Palos Park (zip 60464) is up 13.7%.

Average Age of Homes

- The median age of Palos Park (zip 60464) real estate is 33 years old

The Rental Market in Palos Park (zip 60464)

- Renters make up 14.5% of the Palos Park (zip 60464) population
- 5.6% of houses and apartments in Palos Park (zip 60464), 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 Park, Illinois	United States
	4,302.0	139,647,020.0
	39	42
	$444,300	$338,100
	13.7%	16.6%
	41.6%	57.0%
	66.0%	101.1%
	$19.12	$10.98
	$7,702	$2,690
	79.2%	57.4%
	13.4%	11.2%
	7.4%	31.4%
Vacant Housing
	5.6%	1.9%
	0.0%	0.4%
	1.8%	0.7%
	1.9%	0.4%
	0.2%	3.6%
	3.9%	4.1%
Value of Owner-Occupied Housing
	0.3%	2.6%
	0.0%	2.4%
	0.4%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	1.9%	11.3%
	8.6%	13.0%
	16.4%	20.1%
	21.8%	13.6%
	24.1%	8.3%
	16.4%	9.7%
	7.2%	3.9%
	0.9%	2.2%
	0.4%	0.8%
	1.7%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	9.9%	13.6%
	9.9%	13.6%
	14.3%	13.6%
	30.9%	13.2%
	12.5%	14.8%
	14.3%	13.6%
	16.7%	10.0%
	3.0%	4.7%
	3.5%	12.2%

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