City

PALOS PARK, IL

Chicago-Naperville-Elgin, IL-IN-WI

The median home in Palos Park, Illinois is valued at $508,689, up 7.5% year over year. Palos Park is part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Chicago-Naperville-Elgin, IL-IN-WI stress score, crash risk, and 12-month forecast →

Home Value$508,689

+7.5%

AFFORDABILITY

Enter your income for Palos Park.

Income (annual)

Down Payment

$101,738 on $508,689

Out of reach — 58.7% of income

Need $157,200/yr to afford.

PITI$3,668

P/I58.7%

Afford$243K

Gap-$266K

P&I $2,572Tax $945Ins $150

6.50% 30yr, 20% down, county tax + IL ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Illinois

Compare Palos Park with other housing markets across Illinois.

Kenilworth$1927K Winnetka$1731K Glencoe$1507K Bannockburn$1222K Golf$1186K Hinsdale$1182K Lake Forest$1136K South Barrington$1077K

Full Chicago-Naperville-Elgin, IL-IN-WI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Chicago-Naperville-Elgin, IL-IN-WI metro.

View Chicago-Naperville-Elgin, IL-IN-WI metro →