All Home Types
Palos Park, IL Housing Market
What is the housing market like in Palos Park today?
In February 2025, Palos Park home prices were down 23.3% compared to last year, selling for a median price of $410K. On average, homes in Palos Park sell after 90 days on the market compared to 79 days last year. There were 11 homes sold in February this year, up from 4 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$410,000
-23.3% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Palos Park, IL
$410,000
-23.3%
United States
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Palos Park Migration & Relocation Trends
In Dec '24 - Feb '25, 16% of Palos Park homebuyers searched to move out of Palos Park, while 84% looked to stay within the metropolitan area.
- Across the nation, 3% of homebuyers searched to move into Palos Park from outside metros.
- Peoria homebuyers searched to move into Palos Park more than any other metro followed by New York and Springfield.
Where are people moving to Palos Park from?
- 84% of Palos Park homebuyers searched to stay within the Palos Park metropolitan area.
- Cape Coral was the most popular destination among Palos Park homebuyers followed by Phoenix and Sarasota.
Where are people from Palos Park moving to?
Number of People Moving to Palos Park
least
most
People are moving to Palos Park from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Dec '24 - Feb '25 | ||
| 1 | 1,018 | ||
| 2 | 825 | ||
| 3 | 682 | ||
| 4 | 638 | ||
| 5 | 604 | ||
| 6 | 340 | ||
| 7 | 301 | ||
| 8 | 292 | ||
| 9 | 282 | ||
| 10 | 273 | ||
People are leaving Palos Park for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Dec '24 - Feb '25 | ||
| 1 | 2,000 | ||
| 2 | 1,179 | ||
| 3 | 1,104 | ||
| 4 | 999 | ||
| 5 | 910 | ||
| 6 | 882 | ||
| 7 | 882 | ||
| 8 | 865 | ||
| 9 | 838 | ||
| 10 | 715 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
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