Palos Heights Real Estate Trends & Statistics

Palos Heights Median List Price

$259,000

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Palos Heights Market Snapshot

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	Today	1 Month Ago		1 Year Ago
Total Inventory	102	104	2%	159	36%
Median List Price	$259,000	$244,900	6%	$249,900	4%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	5%	4%		4%
Median DOM	50	69	28%	92	46%
Median House Size	1,846	1,813	2%	1,900	3%
Median $/Sqft	$133/sqft	$134/sqft	1%	$132/sqft	1%

	Today	1 Month Ago		1 Year Ago
Total Inventory	51	52	2%	73	30%
Median List Price	$291,872	$315,000	7%	$349,000	16%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	-	4%		4%
Median DOM	40	58	31%	87	54%
Median House Size	2,100	2,500	16%	3,000	30%
Median $/Sqft	$149/sqft	$153/sqft	3%	$144/sqft	3%

	Today	1 Month Ago		1 Year Ago
Total Inventory	51	52	2%	86	41%
Median List Price	$209,000	$190,000	10%	$199,000	5%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	10%	4%		5%
Median DOM	61	74	18%	98	38%
Median House Size	1,730	1,700	2%	1,730
Median $/Sqft	$111/sqft	$111/sqft		$121/sqft	8%

Palos Heights Market Data

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	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	33	24	18	20	22	19	24
New Listings	29	21	15	22	20	23	57
Sold/Expired	52	47	41	46	32	35	52

	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	13	13	8	11	11	12	14
New Listings	15	16	10	9	11	12	33
Sold/Expired	25	26	19	28	18	16	27

	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	20	11	10	9	11	7	10
New Listings	14	5	5	13	9	11	24
Sold/Expired	27	21	22	18	14	19	25

Palos Heights, Illinois real estate market statistics are calculated by Movoto every day from various sources so that you can stay up-to-date with trends in the Palos Heights homes for sale market. Movoto displays information on foreclosures, short-sales, and REO (real estate owned) properties in both charts and graphs so that you can see the percentage of distressed listings in Palos Heights. Movoto is your comprehensive source for Palos Heights property information. We try to display data that is as accurate as possible, but we cannot guarantee the accuracy of our statistics. The data on this page is for informational purposes only.

Palos Heights, IL Market Overview

Inventory: 102 Recently Sold: 52 New Listings: 57 Distressed: 5

Palos Heights's home resale inventories decreased slightly, with a 2 percent decrease since April 2013. Distressed properties such as foreclosures and short sales increased as a percentage of the total market in May. The median listing price in Palos Heights went up from April to May. There were a total of 2 price increases and 24 price decreases.

Updated: 05/01/2013

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Nearby Homes for Sale

12204 Nagle Ave, Palos Heights, IL