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Palatine, Illinois Average Home Sizes and Asking Prices
| Updated On: May 18, 2012 |
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Zipcode
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Single Family Home |
Townhome or Condo |
|
4 BR
|
3 BR
|
#Lst
|
3 BR
|
2 BR
|
#Lst
|
|
60067 |
2,600 sf |
$476,000
|
1,400 sf |
$352,000
|
162
|
800 sf |
$419,000
|
2,000 sf |
$275,000
|
163
|
|
60074 |
2,200 sf |
$398,000
|
1,300 sf |
$235,000
|
61
|
700 sf |
$143,000
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500 sf |
$111,000
|
124
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| Sold Price History in 60067 |
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Homes for Sale in Palatine
Palatine Real Estate & Homes for Sale in Illinois
Although the village of Palatine is located just 28 miles from downtown Chicago and 14 miles from O'Hare International Airport, the Palatine community provides approximately 67,000 residents with a tranquil suburban atmosphere. Palatine is rooted in history, having been laid out in 1855. The village today embodies an appealing mix of open space and parks, residential areas, commercial and light industry districts, and office space. Residents take pleasure in the recreational opportunities available at more than 40 parks maintained by the Palatine Park District. Shopping in Palatine is a pleasure because village shopkeepers provide their customers with old-fashioned service. Many of the village's merchants have local roots that reach back five or more generations.
Students in Palatine attend the award-winning schools within Community Consolidated District 15 and Township High School District 211. William Rainey Harper Community College provides post-secondary education as well as non-credit courses and educational programs for kids and teenagers in Palatine. Live theater, concerts, fairs, festivals, and the local historical society and its museum help to preserve and promote the Palatine community’s rich history and culture.
Real estate options in Palatine consist of single-family residences, townhouses, condominiums and land for custom building. A wide variety of lovely, affordable homes for sale can be found in a number of quaint neighborhoods. Palatine homeowners' associations help to promote the feelings of solidarity and community pride that are the hallmarks of life in the village of Palatine. | Palatine Area Information |
Palatine Real Estate Market: Price Range of Palatine Houses for Sale
Real estate offerings in the village of Palatine consist of single-family homes, townhouses and condominiums. New condominium and townhouse communities in Palatine include Bridge View West, Ethan’s Glen, Coventry Park, Willow Glen and Concord Mills. Prices for condos and townhomes in the Palatine area range between $80,000 and $325,000. Single-family homes in Palatine can be found in a variety of architectural styles including foursquare, bungalow, ranch, colonial, Victorian and contemporary. Prices for Palatine homes range from the low $75,000s to just under $2 million for large estate properties with luxury amenities. Homes for sale at Concord Mills start in the low $300,000s. Deloraine and Lakeside Estates homes are priced from $400,000. Newer single-family developments include Oakwood Glen and Quentin Willow Estates with median prices around $500,000, Shenandoah North and Lakewood Glen with median prices in the mid-$300,000s, and Sanctuary Cove and Trails with a median home price of approximately $550,000. A few Palatine homes feature water frontage and many are located on wooded lots of at least one acre.
Palatine Real Estate Stats and Trends for the week of May 14th, 2012: homes priced around $352,080 compared to $340,133 the previous week, showing a increase of more than +3%. For Friday, May 18th, the current national mortgage rate for a 30 year fixed mortgage is 3.75%; the 15 year fixed rate is at 3.03%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.38%, while the 15 year jumbo rate currently is at 3.60%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Palatine IL. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Palatine to help you find the best home! |