Current Price

$480,866

1 Month Forecast

â–² $528,423

1-Year Forecast *

â–² $558,282

5-Year Forecast *

â–² $645,356

"Is it a good time to buy homes in Palos Park?" "Does investing in real estate in Palos Park (Illinois State, Cook County) worth it?" According to our live Forecast System, buying a house in Palos Park is a good short-term (1-year) investment*. The Palos Park 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 Park" 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 Park in Illinois State, Cook County. If you are looking for homes for sale with good flipping profit, Palos Park can be a profitable property investment option. The median price of an average house in Palos Park was 480,866 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 Park" area is 645,356 USD by 2031-03-02. For a 5-year investment the profit is expected to be around +34.21% meaning that investing 100000 USD today may yield a profit of 34,207 USD by 2031.

Current Median Listing Price: 480,866 USD Median Listing Price Per Square Foot: 267 USD

Palos Park 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 Park (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 Park Price Target

Palos Park median home price target in 12 months: $558,282* (upside of 16.1%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $514,062 $525,143 $514,019 $525,143
2024 $463,742 $480,866 $463,742 $480,866
2023 $444,328 $463,488 $444,328 $463,488
2022 $416,941 $444,340 $416,941 $449,507
2021 $378,212 $412,553 $378,212 $412,553
2020 $350,460 $372,478 $350,460 $372,478
2019 $342,251 $349,114 $342,251 $349,114
2018 $338,511 $341,484 $338,511 $343,036
2017 $329,845 $336,942 $329,845 $336,942
2016 $327,637 $328,249 $326,746 $328,249
2015 $316,485 $327,226 $315,649 $327,226
2014 $307,934 $316,870 $307,934 $317,693
2013 $291,735 $307,201 $291,735 $307,201
2012 $295,660 $291,872 $291,872 $296,254

Questions & Answers about the Palos Park Housing Market Forecast

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

The value of an average home (the listing price) in Palos Park is $480,866 USD.

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

According to Walletinvestor the median price per square foot in Palos Park is 267 USD.

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

Yes. The Palos Park home prices may rise from 480,866 USD to 558,282 USD in one year.

Is it profitable to invest in Palos Park homes?

Yes. The long-term profit potential is +16.10% in one year.

Will Palos Park house prices fall / drop?

No. See above.

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

The predicted home sales price of a Palos Park home in 2030 in Palos Park is 611,992 USD.

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

The predicted home sales price of a Palos Park home in 2035 in Palos Park is 755,939 USD.

Will real estate prices decrease in Palos Park?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Palos Park is the 5538. largest city in the United States, located in Illinois State.

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

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

Median home values decreased by 6.450% to 480,866 USD, between 2025-03-02 and 2026-03-02

The average annual profit of property investment was:

  • 15.039% in 2021
  • 15.259% in 2022
  • 18.069% in 2023
  • 14.709% in 2024
  • 14.509% in 2025
  • 15.209% in 2026

Based on our Palos Park real estate market research and report the predicted sales prices will increase by 344.938% in the next 10 years.

Over the last 12 months, the value of homes in Palos Park fluctuated: increasing 4 times .

Palos Park (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 Park Housing Market Forecast with Real Estate Prices for 2025
August 2025 528423 497774 559071
September 2025 531723 491312 572134
October 2025 535044 481540 588549
November 2025 538225 498934 577515
December 2025 539795 505248 574342
Palos Park Housing Market Forecast with Real Estate Prices for 2026
January 2026 539690 493277 586103
February 2026 541170 490300 592040
March 2026 544550 517322 571777
April 2026 547951 512882 583020
May 2026 551373 523805 578942
June 2026 554817 509877 599757
July 2026 558282 504129 612436
August 2026 561769 531434 592105
September 2026 565278 527970 602586
October 2026 568808 524441 613176
November 2026 570963 513867 628060
December 2026 570772 519403 622142
Palos Park Housing Market Forecast with Real Estate Prices for 2027
January 2027 568535 512818 624251
February 2027 566306 527797 604815
March 2027 565333 525194 605471
April 2027 565351 535387 595315
May 2027 565336 528024 602648
June 2027 565918 529133 602703
July 2027 567897 527577 608218
August 2027 571132 535722 606543
September 2027 573320 518282 628359
October 2027 575951 525267 626634
November 2027 578954 525111 632797
December 2027 582570 552859 612281
Palos Park Housing Market Forecast with Real Estate Prices for 2028
January 2028 584889 530494 639283
February 2028 587014 548858 625170
March 2028 588467 544332 632602
April 2028 589649 535991 643307
May 2028 589972 559293 620651
June 2028 592166 556636 627696
July 2028 595864 542236 649492
August 2028 599586 543225 655947
September 2028 603331 561701 644960
October 2028 603985 556270 651700
November 2028 603096 543389 662802
December 2028 602750 568996 636504
Palos Park Housing Market Forecast with Real Estate Prices for 2029
January 2029 603774 573585 633963
February 2029 605000 572330 637670
March 2029 606690 546627 666752
April 2029 608244 568708 647780
May 2029 612043 576545 647542
June 2029 612104 571705 652503
July 2029 611992 552629 671356
August 2029 613257 575849 650666
September 2029 615043 558459 671627
October 2029 618493 573343 663644
November 2029 622356 568211 676501
December 2029 626243 583659 668828
Palos Park Housing Market Forecast with Real Estate Prices for 2030
January 2030 630155 579742 680567
February 2030 634091 592875 675306
March 2030 637860 585555 690164
April 2030 639721 589183 690259
May 2030 639596 606337 672855
June 2030 641350 588760 693941
July 2030 645356 611798 678915
August 2030 649387 588344 710429
September 2030 653443 611622 695263
October 2030 657524 607552 707496
November 2030 661631 596129 727132
December 2030 665763 613168 718358
Palos Park Housing Market Forecast with Real Estate Prices for 2031
January 2031 669921 608958 730884
February 2031 674105 612088 736123
March 2031 676659 627263 726055
April 2031 676433 614201 738665
May 2031 673781 606403 741159
June 2031 671140 612751 729529
July 2031 669986 616387 723585
August 2031 670008 603007 737009
September 2031 669990 629791 710190
October 2031 670680 625074 716286
November 2031 673025 631298 714753
December 2031 676859 620680 733039
Palos Park Housing Market Forecast with Real Estate Prices for 2032
January 2032 679453 638685 720220
February 2032 682570 630012 735127
March 2032 686129 639472 732786
April 2032 690414 634491 746338
May 2032 693162 625925 760399
June 2032 695681 660201 731160
July 2032 697403 642308 752498

> 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.