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 2026-03-03. 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 2031-03-03. 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 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 14.061% in 2021
  • 16.461% in 2022
  • 14.381% in 2023
  • 13.241% in 2024
  • 16.521% in 2025
  • 13.221% 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 362103 429379
September 2025 398253 368384 428122
October 2025 400781 365111 436450
November 2025 403324 380335 426314
December 2025 405701 378924 432477
Palos Heights Housing Market Forecast with Real Estate Prices for 2026
January 2026 405912 375063 436762
February 2026 406569 375670 437468
March 2026 408160 383262 433058
April 2026 410750 370908 450593
May 2026 413357 391449 435265
June 2026 415981 392270 439692
July 2026 418621 396016 441227
August 2026 421278 382942 459614
September 2026 423952 382404 465499
October 2026 426642 390804 462480
November 2026 427040 389461 464620
December 2026 425898 391401 460396
Palos Heights Housing Market Forecast with Real Estate Prices for 2027
January 2027 424158 397012 451304
February 2027 422425 381449 463400
March 2027 421423 390659 452186
April 2027 421602 391247 451958
May 2027 421578 393754 449402
June 2027 421812 393550 450073
July 2027 421904 389417 454390
August 2027 422730 387643 457817
September 2027 423906 396776 451036
October 2027 426597 401854 451339
November 2027 429304 390667 467942
December 2027 432029 396603 467455
Palos Heights Housing Market Forecast with Real Estate Prices for 2028
January 2028 434730 406473 462988
February 2028 436726 404408 469044
March 2028 437574 404755 470392
April 2028 438353 394518 482189
May 2028 438577 406999 470154
June 2028 440320 412140 468501
July 2028 443115 400576 485654
August 2028 445927 418726 473129
September 2028 448455 422445 474465
October 2028 449730 424995 474465
November 2028 451014 428012 474016
December 2028 452472 409035 495909
Palos Heights Housing Market Forecast with Real Estate Prices for 2029
January 2029 453853 410283 497423
February 2029 454263 421102 487425
March 2029 454921 414888 494954
April 2029 455658 428318 482997
May 2029 458550 423700 493399
June 2029 459025 421385 496666
July 2029 459180 421987 496374
August 2029 459127 422856 495398
September 2029 459325 413852 504798
October 2029 459832 430863 488802
November 2029 461767 422517 501018
December 2029 464698 439605 489792
Palos Heights Housing Market Forecast with Real Estate Prices for 2030
January 2030 467648 423221 512074
February 2030 470616 424025 517207
March 2030 473602 430978 516227
April 2030 476393 438281 514504
May 2030 476642 433744 519539
June 2030 477413 435878 518948
July 2030 479281 452920 505641
August 2030 482323 456277 508368
September 2030 485384 452863 517905
October 2030 488465 448410 528519
November 2030 491565 451256 531873
December 2030 494685 457583 531786
Palos Heights Housing Market Forecast with Real Estate Prices for 2031
January 2031 497824 459492 536157
February 2031 500984 463911 538057
March 2031 501451 462338 540564
April 2031 500110 458601 541619
May 2031 498066 453738 542394
June 2031 496031 450396 541666
July 2031 494854 453287 536422
August 2031 495065 447539 542592
September 2031 495037 455929 534145
October 2031 495311 459649 530974
November 2031 495419 457272 533567
December 2031 496390 456182 536597
Palos Heights Housing Market Forecast with Real Estate Prices for 2032
January 2032 497771 471887 523655
February 2032 500930 473880 527981
March 2032 504110 454203 554016
April 2032 507309 471290 543328
May 2032 510481 465048 555913
June 2032 512824 466157 559491
July 2032 513820 481963 545676

> 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.