Palatine Housing Information - Census

IndexPalatineIllinoisNational
Median home price$269,200$175,700$175,700
Median rent asked$1,130$903$920
Avg. people per household2.62.62.6
Owner occupied households68.5%66.9%64.4%
Renter occupied households31.5%33.1%35.6%

Palatine Housing Information - Zillow

IndexPalatineIllinoisNational
Zillow home value index$243,300$163,100$188,100
Year over year appreciation rate2.40%4.48%5.14%
5 year average appreciation rate3.62%1.92%4.12%
10 year average appreciation rate-2.13%-2.05%-0.33%

Did you know?

  • The median home price in Palatine is 53% higher than the national average.
  • The median rent asked in Palatine is 23% higher than the national average.
  • The average number of people per household in Palatine is 1% higher than the national average.
  • The number of owner occupied households in Palatine is 7% higher than the national average.
  • The number of renter occupied households in Palatine is 12% lower than the national average.

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Compare Palatine, IL Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
North Chicago, IL30,760$120,00032%
Stone Park, IL4,959$145,70017%
Holiday Hills, IL654$152,00013%
Carpentersville, IL38,128$155,10012%
Island Lake, IL8,033$157,40010%
Palatine, IL69,015$269,20053%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Lauderhill, FL69,082$97,70044%
Missouri City, TX69,152$156,90011%
Temple, TX68,877$117,90033%
Santa Fe, NM69,245$276,50057%
Jacksonville, NC69,300$155,40012%
Palatine, IL69,015$269,20053%
Source: The Palatine, IL housing data displayed above is derived from the United States Census Bureau and Zillow data.