From October to December, 54 homes sold in Palos Hills for a median price of $156,750. That's 12 percent higher than median home sale prices for the fourth quarter of 2017.
In the fourth quarter, 1 home in Palos Hills was in foreclosure.
Median property tax for homeowners in Palos Hills was $2,871.95 in 2017 according to tax data from that year. That means homeowners pay 2.1 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 Hills real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
46
$170,820
-
2010
37
$136,800
-19.9%
2011
45
$121,475
-11.2%
2012
59
$130,800
7.7%
2013
81
$131,760
0.7%
2014
87
$134,090
1.8%
2015
71
$155,820
16.2%
2016
60
$157,500
1.1%
2017
68
$139,995
-11.1%
2018
54
$156,750
12%
Median property tax
Median sale price
Effective property tax rate
2009
$3,457.76
$170,820
2%
2010
$2,967.69
$136,800
2.2%
2011
$3,284.51
$121,475
2.7%
2012
$3,332.48
$130,800
2.5%
2013
$3,586.87
$131,760
2.7%
2014
$2,973.51
$134,090
2.2%
2015
$4,630.04
$155,820
3%
2016
$3,334.13
$157,500
2.1%
2017
$2,871.95
$139,995
2.1%
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