Real Estate In Palos Park is a balanced market favoring buyers. There is significant amount of homes for sale in Palos Park, and buyers are not in a rush to buy yet. There is a 7.06 months supply of inventory on the market in Palos Park on January 31, 2019.
Now is the Time to Buy! The average market time for a Single Family Homes to sell in Palos Park last month was 109 days. It took on average 49 days to sell Palos Park Condo, Townhouse or a Duplex.
The number of home sales in Palos Park from December 1, 2018 through December 31, 2018 was 8 units. That is 1% above the number of homes sold last month in Palos Park.
The average price per square foot in the area is now $118/Sq.Ft, which is 25% an increase from last month.


In Palos Park there were 4 units sold in December in the price range between $235,000 – $321,250 with an average of 3.5 bedrooms and 2 bathrooms and average Square footage of 1,933SF.

In Palos Park there were 3 units sold in December in the price range between $321,251 – $571,249 with an average of 4.7 bedrooms and 2.7 bathrooms and average Square footage of 3,521SF.

In Palos Park there were 1 units sold in December in the price range between $571,250 – $735,000 with an average of 3 bedrooms and 1.1 bathrooms and average Square footage of 2,288SF.

The low price range had the most activity. Homes up to $321,250 were on the market on average 29 days and sold an average of $278,750.

If you are looking for a new home for you and your family, or looking for an investment property, you can’t go wrong by getting a prime piece of real estate in Palos Park. Search all Palos Park homes for Sale on propertyup.com If you are considering viewing Palos Park, you may want to do so now!

Palos Park
Nov 1, 2018 – Nov 30, 2018
Dec 1, 2018 – Dec 31, 2018
Month
November
December
Average Listing Price
$616,109
$622,187
Median Sales Price
$323,011
$407,500
Month supply of inventory
8.9
7.1
Market Time Detached
51 days
109 days
Market Time Attached
19 days
49 days
Inventory
159 properties
128 properties
Low price range
$161,000 – $242,006
$235,000 – $321,250
Low price range market time
16 days
29 days
Low price range units sold
0
4
Low price range bedrooms
3
3.5
Low price range bathrooms
2.1
2
Low price range approx sqft
1,568 SF
1,933 SF
Mid price range
$242,007 – $399,005
$321,251 – $571,249
Mid price range market time
19 days
109 days
Mid price range units sold
1
3
Mid price range bedrooms
3
4.7
Mid price range bathrooms
2.1
2.7
Mid price range approx sqft
1,965 SF
3,521 SF
High price range
$399,006 – $475,000
$571,250 – $735,000
High price range market time
71 days
311 days
High price range units sold
4
1
High price range bedrooms
4.5
3
High price range bathrooms
2.9
1.1
High price range approxsqft
3,576 SF
2,288 SF