From July to September, 68 homes sold in Palos Heights for a median price of $275,000. That's 5.7 percent higher than median home sale prices for the third quarter of 2017.
In the third quarter, 1 home in Palos Heights was in foreclosure.
Median property tax for homeowners in Palos Heights was $6,773.47 in 2017 according to tax data from that year. That means homeowners pay 2.6 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.
Palos Heights real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
45
$303,615
-
2010
29
$228,000
-24.9%
2011
42
$230,520
1.1%
2012
49
$239,800
4%
2013
70
$248,400
3.6%
2014
57
$240,620
-3.1%
2015
71
$250,160
4%
2016
74
$246,225
-1.6%
2017
55
$260,100
5.6%
2018
68
$275,000
5.7%
Median property tax
Median sale price
Effective property tax rate
2009
$6,395.51
$303,615
2.1%
2010
$5,060.24
$228,000
2.2%
2011
$5,429.27
$230,520
2.4%
2012
$6,019.96
$239,800
2.5%
2013
$6,058.84
$248,400
2.4%
2014
$5,842.93
$240,620
2.4%
2015
$6,536.29
$250,160
2.6%
2016
$6,483.42
$246,225
2.6%
2017
$6,773.47
$260,100
2.6%
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