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IL area data

Palos Park, IL

Palos Park, IL.

Population: 9,773 (Census ACS)

The typical home value in Palos Park, IL is $565,079 — up 10.2% over the past year. Homes sell for a median $540,000 after a median 41 days on market. 2 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Very High, with cold wave, heat wave, ice storm the top-rated hazards. Cost of living is at the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$565,079

Typical home value

+10.2%

1-year change

41

Median days on market

Very High

Hazard risk (county)

Home values & appreciation

Typical home value
$565,079
1-year appreciation
+10.2%
3-year appreciation
+19.7%
5-year appreciation
+35.2%
10-year appreciation
+67.4%
Peak value since 2000 (Aug 2026)
$565,079
House Price Index (state)
340.3 (+5.5% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$540,000
Median list price
$649,900
Median price per sqft
$235
1-year sale-price change
-14.6%
Median days on market
41 days
Homes sold (recent period)
31
For-sale inventory
34
Sale-to-list ratio
99.1%
Active listings
30
1-year forecast
+3.5%
New listings (monthly)
13

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$1,678/mo
1BR fair-market rent
$1,780/mo
2BR fair-market rent
$2,011/mo
3BR fair-market rent
$2,586/mo
4BR fair-market rent
$2,954/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Above Average)
100.0 (100 = US avg)
Electricity rate (state-level)
17.7¢/kWh
Natural gas rate (state-level)
$11.30/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
2
Elementary schools
1
Middle schools
1
High schools
0
Avg student-teacher ratio
14.3 : 1
Schools include
Palos South Middle School, Palos West Elementary School

Source: NCES school directory, 2024-25 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Very High
Top hazards (county)
cold wave, heat wave, ice storm, inland flooding, lightning
Notable hazard ratings (county)
tornado: Very High · cold wave: Very High · heat wave: Very High · ice storm: Very High · lightning: Very High · strong wind: Very High
Most common flood zone among NFIP claims
Zone A
NFIP flood claims on record
23
Wildfire risk to homes (county)
Higher than 28% of US counties
Buildings in wildfire direct-exposure zone
1.0%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Lenz Oil Service, Inc. (5.7 mi)
Flood zones vary by property. Look up a specific address on the FEMA Flood Map Service Center.
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA NFIP flood-insurance claims (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
52.0°F
Average high
61.0°F
Average low
44.0°F
Annual precipitation
40.6 in
Annual snowfall
38.8 in
USDA plant hardiness zone
6a (extreme annual low -10 to -5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Moderate
Median AQI (annual)
53
Days with Good air quality
149
Days with Moderate air quality
191
Days with Unhealthy air quality
5
Highest AQI recorded (year)
168

Source: EPA annual air quality index (county-level)

Walkability & transit

Walkability index
9.7 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
259,397
Jobs reachable by transit (45 min)
245,777

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
2
Nearest national park
Pullman National Historical Park (13 mi)
National parks include
Pullman National Historical Park, Indiana Dunes National Park
Airports within 30 mi
24
Nearest airport
Brookeridge Air Park (9 mi)
Nearest major airport
Chicago Midway International Airport (MDW) (10 mi)
Hospitals in or near this ZIP
90
Hospitals include
SAINT JOSEPH MEDICAL CENTER, LOYOLA GOTTLIEB MEMORIAL HOSPITAL, NORTHSHORE UNIVERSITY HEALTHSYSTEM - EVANSTON HOSPITAL
Avg hospital rating (CMS)
3.1 / 5
Best hospital rating nearby (CMS)
5.0 / 5
EV charging stations (within 10 mi)
90
Solar radiation rating
Fair (3.9 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data (same ZIP, else within ~40 mi) · DOE/NREL (proximity-based)

Migration

Net migration (county)
-29,533 tax filers

Source: IRS SOI county-to-county migration (county-level; published with a multi-year lag)

Housing stock

Median year housing built
1983
Housing built before 1970
29.2%
Housing built 2000 or later
16.3%
Median annual property tax
$8,768
Mean commute to work
26 min
Households with broadband internet
76.9%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
2,284,919
Average weekly wage
$1,756
Top industries (by employment)
Health Care, Professional Services, Accommodation & Food
Annual residential building permits (county)
4,969

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

Palos ParkState medianUS median
Typical home value$565,079$194,869$288,527
Median sale price$540,000$212,000$325,000
Median days on market41 days48 days51 days
Median annual property tax$8,768$2,696$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

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

Common questions

What is the typical home value in Palos Park, IL?
$565,079.
What is the median sale price in Palos Park, IL?
$540,000.
How long do homes take to sell in Palos Park, IL?
Median days on market: 41 days.
What is typical rent in Palos Park, IL?
2-bedroom fair-market rent: $2,011/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in Palos Park, IL?
Overall risk: Very High (FEMA NRI, county-level). Top hazards: cold wave, heat wave, ice storm, inland flooding, lightning.
Is Palos Park, IL in a flood zone?
Flood zones vary by property within Palos Park, IL. 23 FEMA flood-insurance (NFIP) claims are on record; the most common zone among them is A. Check a specific address on the FEMA Flood Map Service Center.
What is the wildfire risk in Palos Park, IL?
Risk to homes is higher than 28% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Palos Park, IL?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Palos Park, IL?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve Palos Park, IL?
2 schools (1 elementary, 1 middle) (NCES, 2024-25).
Is Palos Park, IL walkable?
Walkability index: 9.7/20 (EPA Smart Location Database).
What is the air quality in Palos Park, IL?
Moderate. Median AQI: 53. (EPA AQI).
What is the cost of living in Palos Park, IL?
Regional Price Parity: 100.0 (100 = US average) (Above Average) (BEA RPP, metro/state-level).

ZIP code for Palos Park

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Data last updated

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

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