Median home prices in Palos Park fell to $430,000 in April

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The median sale price of a home sold in April in Palos Park fell by $3,500 while total sales decreased by 77.8 percent, according to

In April, there were four homes sold, with a median sale price of $430,000 - a 0.8 percent decrease from the $433,500 median sale price for the same period of the previous year. There were 18 homes sold in Palos Park in April 2021.

The median sales tax in Palos Park for the most recent year with available data, 2019, was $7,260, approximately 1.7 percent of the median home sale price for April.

The following table compares Palos Park to other Cook County cities with similar median sale prices in April:

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
Willow Springs222-90.9$500,000$308,25062.2
Park Ridge11103-89.3$500,000$485,0003.1
Oak Park14168-91.7$492,000$365,00034.8
Palos Park418-77.8$430,000$433,500-0.8
Mount Prospect688-93.2$415,000$304,50036.3

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