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Advertise here →Palos Hills, IL · Market Data
Palos Hills, Illinois real estate market data.
Real estate market data for Palos Hills, IL (Cook County) — Census median home value $259,200, county listing prices up about 2.2% over the past year.
Palos Hills, IL is in Cook County, Illinois — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 18,139, with a median household income of $83,969. Census data puts Palos Hills's median home value at $259,200 (all owner-occupied homes); Cook County's current median listing price runs $352,450, up about 2.2% over the past year.
At a glance
Palos Hills market snapshot
Population
18,139
Median Household Income
$83,969
Median Home Value (city)
$259,200
Median Listing Price (Cook County)
$352,450
Median Gross Rent
$1,267/mo
Price Trend (YoY)
+2.2%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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Advertise here →Why Palos Hills
What makes Palos Hills different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Palos Hills's median home value — across all owner-occupied homes, not just recent sales — at $259,200. Separately, Cook County's current median listing price (via Realtor.com data, 2026-06-01) runs $352,450. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Cook County's FHFA house price index shows a 5.52% annual change in 2025.
Population & Income
Palos Hills has an estimated population of 18,139 and a median household income of $83,969, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Palos Hills's Census-reported median home value works out to about 3.1x the area's median household income, and median gross rent runs roughly 18% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Palos Hills FAQ
What are home values like in Palos Hills, IL?
The Census Bureau's American Community Survey puts Palos Hills's median home value at $259,200. Cook County's current median listing price runs $352,450, up about 2.2% over the past year.
What is the population of Palos Hills, IL?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Palos Hills's population at approximately 18,139.
What's the median rent in Palos Hills, IL?
The Census ACS estimates median gross rent in Palos Hills at approximately $1,267 per month.
What is the median household income in Palos Hills, IL?
Census ACS data puts the median household income in Palos Hills at approximately $83,969.
Is the Palos Hills housing market growing?
Cook County's FHFA house price index shows a 5.52% annual change in 2025.
Is Palos Hills, IL affordable relative to income?
Census ACS data puts Palos Hills's median home value at about 3.1 times the median household income, with median gross rent equal to roughly 18% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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