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Palatine

dream town neighborhood explorer

    435654 average Sale Price
    453 number of Sales
    10 one year price change
    121 price change since 94

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    Palatine Real Estate

    When it comes to the Chicago suburbs, the Palatine real estate market offers some of the best bargains around. The housing options here appeal both to new families looking to buy a home for the first time and to lifelong homeowners looking to upgrade to a bigger house. Palatine, Illinois is conveniently located less than 30 miles northwest of downtown Chicago, making for a comfortable commute. Plus, it's only 15 miles from O'Hare International Airport, making it an ideal location for jet setters, too.

    The actual composition of the town is a pretty even mix of residential and commercial property, with plenty of office and industrial space to keep a sufficient number of jobs in Palatine. As one of the older suburbs in the area, Palatine is sprinkled with stately vintage-style homes and classic architecture, but there's also a large selection of new construction homes and other houses built within the past decade.

    The average sale price for a detached, single-family home in Palatine is around $340,000 for a three-bedroom house, $504,000 for homes with four bedrooms, and $577,000 for properties with five or more bedrooms. Attached homes in Palatine, such as condos and townhouses, have an average sale price of $132,000 for a one-bedroom place, $203,000 for condos with two bedrooms, and $277,000 for three-bedroom properties.

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