Palatine Market Report
$329,525
AVERAGE PRICE OF 470 HOMES$241,600
AVERAGE PRICE OF 9 DISTRESSED HOMES$658,504
AVERAGE PRICE OF 23 NEWLY BUILT HOMES$206,705
AVERAGE PRICE OF 20 HOMES WITH A POOL$359,333
AVERAGE PRICE OF 12 REDUCED PRICE HOMESAverage Home
| Average Price | $329,525 |
| Avg Bedrooms | 2.88 beds |
| Avg Bathrooms | 2.44 baths |
Average Price by Bedrooms
| 1 bedroom | $155,722 |
| 2 bedrooms | $208,100 |
| 3 bedrooms | $322,743 |
| 4 bedrooms | $493,008 |
| 5 bedrooms | $604,383 |
Palatine Home Price Trends
| 4/2021 | 3/2021 | 2/2021 | 1/2021 | 12/2020 | |
|---|---|---|---|---|---|
| Total Listings | 461 | 428 | 411 | 374 | 436 |
| Average Price | $325,027 | $313,838 | $306,769 | $294,932 | $298,897 |
| Avg Price Change | +3.57% | +2.30% | +4.01% | -1.34% | -2.64% |
| Median Price | $292,720 | $274,698 | $270,026 | $253,314 | $265,880 |
| Med Price Change | +6.56% | +1.73% | +6.60% | -4.96% | -5.21% |
| Avg Bedrooms | 2.78 beds | 2.72 beds | 2.72 beds | 2.7 beds | 2.76 beds |
| Avg Bathrooms | 2.45 baths | 2.43 baths | 2.44 baths | 2.37 baths | 2.4 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Lake Zurich High School | 3 | $403,000 | 22 days |
| Palatine High School | 256 | $292,152 | 45 days |
| Schaumburg High School | 1 | $128,500 | 12 days |
| Wm Fremd High School | 141 | $438,269 | 59 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 470 | $329,525 | 51 days |
| Distressed Homes | 9 | $241,600 | 144 days |
| Newly Built Homes | 23 | $658,504 | 115 days |
| Homes with a Pool | 20 | $206,705 | 51 days |
| Reduced Price Homes | 12 | $359,333 | 43 days |
