What is the median home price in Palatine, IL?

The median home value in Palatine, IL is approximately $347,900, with median rent around $1,467/mo (U.S. Census ACS). Palatine is in Cook County.

What is the cost of living like in Palatine, IL?

Palatine has a median household income near $95,950 against a median home value of $347,900 and median rent of $1,467/mo. Illinois's state income tax is 4.95% and effective property tax runs around 2.05%.

Can I use Remote Prop View in Palatine, IL?

Yes. Remote Prop View's market data, demographics, and scam-aware research tools work nationwide. Our deep property search, comparable sales, and TruReport verification packet currently focus on the Dallas-Fort Worth, TX metro.

Palatine, IL Real Estate

Palatine is a city in Cook County, Illinois with a population of about 66,548. The median home value is near $347,900, and median rent runs around $1,467/mo.

Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.

Median Home Value

$347,900

Median Rent

$1,467/mo

Population

66,548

Median Income

$95,950

Median Age

39.6

Homeownership

67.2%

Monthly payment on a median Palatine home

Example for a $347,900 home: 20% down, 30-yr at ~6.75%, IL property tax ~2.05%, 0.4% insurance.

Est. monthly (PITI)

$2,515

Principal & interest

$1,805

Property tax / mo

$594

Down payment (20%)

$69,580

Palatine at a glance

31.2% of residents 25+ hold a bachelor's degree or higher.
67.2% of occupied homes are owner-occupied.
Median household income is $95,950.
Always verify the assigned school district, flood zone, and HOA for a specific address before signing.

Other Illinois cities

Chicago →Aurora →Joliet →Naperville →Rockford →Elgin →

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