Palatine Market Report
$405,563
AVERAGE PRICE OF 215 HOMES$230,975
AVERAGE PRICE OF 4 DISTRESSED HOMES$1,650,000
AVERAGE PRICE OF 4 MULTI-MILLION DOLLAR HOMES$796,990
AVERAGE PRICE OF 10 NEWLY BUILT HOMES$273,933
AVERAGE PRICE OF 6 HOMES WITH A POOL$598,475
AVERAGE PRICE OF 4 REDUCED PRICE HOMESAverage Home
| Average Price | $405,563 |
| Avg Bedrooms | 2.45 beds |
| Avg Bathrooms | 2.03 baths |
Average Price by Bedrooms
| 1 bedroom | $135,100 |
| 2 bedrooms | $256,590 |
| 3 bedrooms | $354,843 |
| 4 bedrooms | $616,926 |
| 5 bedrooms | $597,639 |
Palatine Home Price Trends
| 5/2023 | 4/2023 | 3/2023 | 2/2023 | 1/2023 | |
|---|---|---|---|---|---|
| Total Listings | 208 | 203 | 199 | 188 | 170 |
| Average Price | $402,012 | $389,107 | $382,270 | $380,545 | $403,426 |
| Avg Price Change | +3.32% | +1.79% | +0.45% | -6.01% | +1.03% |
| Median Price | $329,673 | $340,884 | $319,420 | $316,111 | $299,013 |
| Med Price Change | -3.40% | +6.72% | +1.05% | +5.72% | -3.12% |
| Avg Bedrooms | 2.39 beds | 2.41 beds | 2.31 beds | 2.26 beds | 2.08 beds |
| Avg Bathrooms | 1.97 baths | 1.94 baths | 1.85 baths | 1.84 baths | 1.71 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Palatine High School | 113 | $372,288 | 78 days |
| Wm Fremd High School | 52 | $487,036 | 55 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 215 | $405,563 | 93 days |
| Distressed Homes | 4 | $230,975 | 169 days |
| Multi-Million Dollar Homes | 4 | $1,650,000 | 312 days |
| Newly Built Homes | 10 | $796,990 | 319 days |
| Homes with a Pool | 6 | $273,933 | 19 days |
| Reduced Price Homes | 4 | $598,475 | 21 days |
