Palos Hills, IL
Full City Profile · Illinois · Cook County County
3.4
/5.0
B
Good
18,139
Population
4,268/sq mi density
$83,969
Median Income
$38,939 per capita
$259,200
Home Value
$275,355 Zillow
$1,267
Median Rent
30.4% income on rent
51°F
Avg Temperature
275 sunny days/yr
111
Violent Crime/100K
659 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$83,969 median income, 2.7% unemployment
A+
Affordability
5.0 / 5.0
$259,200 home value, $1,267/mo rent
F
Safety
1.0 / 5.0
111 violent crimes/100K
B
Education
3.0 / 5.0
25.0% bachelor's degree or higher
Housing Overview
Median Home Value
$259,200
8% below
US avg: $281,900
Median Rent
$1,267/mo
9% above
US avg: $1,163/mo
Homeownership Rate
79.6%
22% above US avg (65.4%)
Total Housing Units
7,901
Median year built: 1976
Home Value by Source
Census Median
$259,200
Zillow (ZHVI)
$275,355
Median Sale Price
$240,000
Median List Price
$285,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
79.6%
Owner-Occupied
20.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent:
$1,267/mo
Market Indicators (Redfin)
Median Days on Market
72 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
15
Price Drops
10.3%
of listings with price reduction
Price Per Sq Ft
$184
Active Inventory
58
homes for sale
Affordability & Housing Stock
Rent Burden
30.4%
of renters spending 30%+ of income on housing
2% below US avg (31.0%)
Median Year Built
1976
Average age of housing stock: 50 years
Homeownership Rate
79.6%
Complete Housing Data
Home Values
| Census Median Value | $259,200 |
| Zillow Home Value (ZHVI) | $275,355 |
| Median Sale Price | $240,000 |
| Median List Price | $285,000 |
| Price Per Sq Ft | $184 |
Rent
| Census Median Rent | $1,267 |
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
| Days on Market | 72 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 10.3% |
| Homes Sold | 15 |
| Active Inventory | 58 |
| Price Per Sq Ft | $184 |
Ownership & Stock
| Owner-Occupied | 79.6% |
| Renter-Occupied | 20.4% |
| Homeownership Rate | 79.6% |
| Total Housing Units | 7,901 |
| Median Year Built | 1976 |
| Rent Burden | 30.4% |
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