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IL area data

Palos park, IL

Palos park, IL.

Population: 9,773 (Census ACS)

Home values & appreciation

Median home value
$557,797
1-year appreciation
+10.1%
3-year appreciation
+19.0%
5-year appreciation
+33.9%
10-year appreciation
+65.3%
All-time peak (2026-07)
$557,797
House Price Index
325.3 (+6.1% YoY)

Market activity

Median sale price
$620,000
Median list price
$699,000
Median days on market
43 days
Sale-to-list ratio
97.6%
Active listings
20
1-year forecast
+2.7%
New listings (monthly)
15

Rents

2-bedroom fair-market rent (HUD reference)
$2,260/mo
3BR fair-market rent
$2,900/mo

Affordability

Cost of living index (Average)
97.3 (100 = US avg)
Electricity rate (state-level)
17.7¢/kWh
Natural gas rate (state-level)
$11.30/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
2
Elementary schools
1
Middle schools
1
High schools
0

Natural hazards & flood risk

Overall hazard risk
Very High
Top hazards
coldWave, heatWave, iceStorm, inlandFlooding, lightning
FEMA flood zone
A
Flood risk level
High

Climate (30-year normals)

Average annual temperature
53.0°F
Average high
61.0°F
Average low
44.0°F
Annual precipitation
48.3 in
Annual snowfall
18.6 in

Air quality

Air quality rating
Moderate
Median AQI (annual)
57
Days with Good air quality
104
Days with Unhealthy air quality
5

Walkability & transit

Walkability index
9.7 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
2
Nearest national park
Pullman National Historical Park (13 mi)
Nearest airport
Brookeridge Air Park (9 mi)
Nearest major airport
Chicago Midway International Airport (MDW) (10 mi)
Hospitals nearby (~15 mi)
38
Avg hospital rating
2.7 / 5
EV charging stations (within 10 mi)
90
Solar radiation rating
Fair (3.9 kWh/m²/day)

Migration

Net migration
-29,533 tax filers

Housing stock

Median year housing built
1,983
Median annual property tax
$8,768
Mean commute to work
26 min
Households with broadband internet
76.9%

Employment & development

Total county employment
2,269,519
Average weekly wage
$1,625
Top industries (by employment)
Health Care, Professional Services, Accommodation & Food
Annual residential building permits (county)
987

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents