Palatine, IL housing market
Homes typically sell in 38 days, a little above asking.
Home values, sales, trends and how Palatine compares with the towns next door — updated as new data is published.
Palatine at a glance
A seller's market
Supply is tight — about 2.1 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Palatine and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Palatine | — | — | 38 | $97,819 |
| Rolling Meadows | $340K | +7.3% | 41 | $98,514 |
| Inverness | $822K | +9.2% | 43 | $207,434 |
| Arlington Heights | $496K | +8.9% | 36 | $116,723 |
| Schaumburg | — | — | 47 | $97,514 |
| Deer Park | $781K | +6.9% | — | $174,458 |
| Palatine | $393K | +6.4% | — | $104,916 |
3.6 years of income
The typical Palatine home costs about 3.6 years of the town's median household income, about the same as across Illinois (3.6).
How Palatine ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.