From October to December, 24 homes sold in Palos Heights for a median price of $270,500. That's 0.8 percent higher than median home sale prices for the fourth quarter of 2017.
In the fourth quarter, 1 home in Palos Heights was in foreclosure.
Median property tax for homeowners in Palos Heights was $7,031.61 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: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
35
$294,840
-
2010
28
$228,000
-22.7%
2011
34
$236,170
3.6%
2012
59
$245,250
3.8%
2013
70
$230,040
-6.2%
2014
57
$249,100
8.3%
2015
54
$248,040
-0.4%
2016
61
$241,500
-2.6%
2017
70
$268,260
11.1%
2018
24
$270,500
0.8%
Median property tax
Median sale price
Effective property tax rate
2009
$6,323.07
$294,840
2.1%
2010
$6,592.90
$228,000
2.9%
2011
$5,609.60
$236,170
2.4%
2012
$5,986.26
$245,250
2.4%
2013
$5,640.22
$230,040
2.5%
2014
$6,574.49
$249,100
2.6%
2015
$5,760.35
$248,040
2.3%
2016
$5,963.25
$241,500
2.5%
2017
$7,031.60
$268,260
2.6%
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