A+
55%
Med. Home Val. NAT. AVG.
30%
Rent NAT. AVG.
6%
Owner Occ. NAT. AVG.
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Palatine Housing Information

IndexPalatineIllinoisNational
Median home price$286,600$174,800$184,700
Median rent asked$1,236$925$949
Avg. people per household2.52.62.6
Owner occupied households67.7%66.0%63.6%
Renter occupied households32.3%34.0%36.4%
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Housing Quick Facts

  • The median home price in Palatine is 55% higher than the national average.
  • The median rent asked in Palatine is 30% higher than the national average.
  • The average number of people per household in Palatine is 3% lower than the national average.
  • The number of owner occupied households in Palatine is 6% higher than the national average.
  • The number of renter occupied households in Palatine is 11% lower than the national average.

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      North Chicago, IL29,967$107,90042%
      Holiday Hills, IL653$156,10015%
      Stone Park, IL4,842$174,4006%
      Carpentersville, IL37,618$176,8004%
      Island Lake, IL8,112$184,9000%
      Palatine, IL67,875$286,60055%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Gaithersburg, MD67,878$413,500124%
      Redmond, WA67,959$788,500327%
      Rogers, AR67,787$185,2000%
      Palo Alto, CA67,973$2,000,001983%
      Muncie, IN67,739$76,50059%
      Palatine, IL67,875$286,60055%
      Source: The Palatine, IL housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).