Current Price

$364,841

1 Month Forecast

â–² $395,741

1-Year Forecast *

â–² $418,621

5-Year Forecast *

â–² $479,281

"Is it a good time to buy homes in Palos Heights?" "Does investing in real estate in Palos Heights (Illinois State, Cook County) worth it?" According to our live Forecast System, buying a house in Palos Heights is a good short-term (1-year) investment*. The Palos Heights average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Palos Heights" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Palos Heights in Illinois State, Cook County. If you are looking for homes for sale with good flipping profit, Palos Heights can be a profitable property investment option. The median price of an average house in Palos Heights was 364,841 USD on 2026-03-02. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Palos Heights" area is 479,281 USD by 2031-03-02. For a 5-year investment the profit is expected to be around +31.37% meaning that investing 100000 USD today may yield a profit of 31,367 USD by 2031.

Current Median Listing Price: 364,841 USD Median Listing Price Per Square Foot: 203 USD

Palos Heights Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Palos Heights (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Palos Heights Price Target

Palos Heights median home price target in 12 months: $418,621* (upside of 14.7%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $390,505 $393,245 $390,505 $393,245
2024 $350,012 $364,841 $350,012 $364,841
2023 $333,219 $349,833 $333,219 $349,833
2022 $317,631 $333,238 $317,631 $338,930
2021 $286,304 $314,623 $286,304 $314,623
2020 $268,513 $283,193 $268,513 $283,193
2019 $264,782 $267,654 $264,782 $269,273
2018 $258,649 $264,440 $258,649 $264,440
2017 $250,820 $257,226 $250,820 $257,226
2016 $244,909 $249,447 $244,909 $249,447
2015 $235,610 $243,666 $235,610 $243,666
2014 $229,476 $235,732 $229,476 $236,661
2013 $211,820 $227,900 $211,820 $227,900
2012 $220,978 $211,107 $211,107 $220,978

Questions & Answers about the Palos Heights Housing Market Forecast

How much does an average home cost in Palos Heights today?

The value of an average home (the listing price) in Palos Heights is $364,841 USD.

What is the average price per square foot in Palos Heights?

According to Walletinvestor the median price per square foot in Palos Heights is 203 USD.

Will the median listing price of homes in Palos Heights grow / rise / go up?

Yes. The Palos Heights home prices may rise from 364,841 USD to 418,621 USD in one year.

Is it profitable to invest in Palos Heights homes?

Yes. The long-term profit potential is +14.74% in one year.

Will Palos Heights house prices fall / drop?

No. See above.

What is the predicted price of a Palos Heights home in 2030?

The predicted home sales price of a Palos Heights home in 2030 in Palos Heights is 459,180 USD.

What is the predicted price of a Palos Heights home in 2035?

The predicted home sales price of a Palos Heights home in 2035 in Palos Heights is 556,127 USD.

Will real estate prices decrease in Palos Heights?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Palos Heights is the 4116. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in Cook, Palos Heights decreased, looking at the past 12 months.

According to Walletinvestor's Palos Heights real estate market research, home values will increase in the next 12 months.

Median home values decreased by 6.700% to 364,841 USD, between 2025-03-02 and 2026-03-02

The average annual profit of property investment was:

  • 15.621% in 2021
  • 13.521% in 2022
  • 15.711% in 2023
  • 15.191% in 2024
  • 15.441% in 2025
  • 13.071% in 2026

Based on our Palos Heights real estate market research and report the predicted sales prices will increase by 295.521% in the next 10 years.

Over the last 12 months, the value of homes in Palos Heights fluctuated: increasing 3 times and decreasing 1 times.

Palos Heights (Illinois) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Palos Heights Housing Market Forecast with Real Estate Prices for 2025
August 2025 395741 369227 422256
September 2025 398253 360817 435689
October 2025 400781 378337 423224
November 2025 403324 374688 431960
December 2025 405701 372027 439374
Palos Heights Housing Market Forecast with Real Estate Prices for 2026
January 2026 405912 367757 444068
February 2026 406569 367538 445600
March 2026 408160 367752 448568
April 2026 410750 369675 451826
May 2026 413357 375329 451386
June 2026 415981 388110 443852
July 2026 418621 385131 452111
August 2026 421278 385048 457508
September 2026 423952 394699 453204
October 2026 426642 388245 465040
November 2026 427040 386899 467182
December 2026 425898 389697 462100
Palos Heights Housing Market Forecast with Real Estate Prices for 2027
January 2027 424158 381742 466574
February 2027 422425 385251 459598
March 2027 421423 380545 462301
April 2027 421602 390404 452801
May 2027 421578 393754 449402
June 2027 421812 399456 444168
July 2027 421904 386464 457344
August 2027 422730 386798 458662
September 2027 423906 398048 449765
October 2027 426597 399721 453472
November 2027 429304 397107 461502
December 2027 432029 388826 475232
Palos Heights Housing Market Forecast with Real Estate Prices for 2028
January 2028 434730 409516 459944
February 2028 436726 411396 462056
March 2028 437574 414820 460327
April 2028 438353 408545 468161
May 2028 438577 409192 467962
June 2028 440320 411259 469382
July 2028 443115 409438 476792
August 2028 445927 413821 478034
September 2028 448455 403609 493300
October 2028 449730 421397 478063
November 2028 451014 419894 482134
December 2028 452472 412654 492289
Palos Heights Housing Market Forecast with Real Estate Prices for 2029
January 2029 453853 422083 485622
February 2029 454263 412925 495601
March 2029 454921 414888 494954
April 2029 455658 431052 480263
May 2029 458550 425534 491565
June 2029 459025 419549 498502
July 2029 459180 435762 482598
August 2029 459127 428824 489429
September 2029 459325 426713 491937
October 2029 459832 432702 486962
November 2029 461767 438217 485318
December 2029 464698 440534 488863
Palos Heights Housing Market Forecast with Real Estate Prices for 2030
January 2030 467648 433042 502253
February 2030 470616 444261 496970
March 2030 473602 437609 509596
April 2030 476393 442569 510217
May 2030 476642 433744 519539
June 2030 477413 435400 519425
July 2030 479281 436625 521937
August 2030 482323 447595 517050
September 2030 485384 449466 521302
October 2030 488465 451341 525588
November 2030 491565 453223 529907
December 2030 494685 456594 532775
Palos Heights Housing Market Forecast with Real Estate Prices for 2031
January 2031 497824 449535 546113
February 2031 500984 461907 540061
March 2031 501451 469860 533042
April 2031 500110 467603 532617
May 2031 498066 449256 546877
June 2031 496031 467261 524801
July 2031 494854 445369 544340
August 2031 495065 452490 537641
September 2031 495037 449989 540085
October 2031 495311 466088 524535
November 2031 495419 465694 525144
December 2031 496390 447743 545036
Palos Heights Housing Market Forecast with Real Estate Prices for 2032
January 2032 497771 449487 546055
February 2032 500930 471375 530485
March 2032 504110 472855 535364
April 2032 507309 457085 557533
May 2032 510481 459943 561018
June 2032 512824 474362 551286
July 2032 513820 465521 562119

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.