Palos Park is much younger than the rest of Illinois, with a median age of 52. It's very affluent as well, with a median income of $86,552 per household. Detached homes account for 80% of the area's current housing market. The top school in the city is Palos South Middle School.
A highly recommended place to eat in Palos Park, according to Foursquare, is Hackney's in Palos Park. Great outdoor attractions are Horsetail Lake and Fitzjoy Farms.
The median value of homes in Palos Park is $319,600, making it one of the most valuable areas in Illinois. At the same time, the average list price of available homes is presently $522,119.
Wonder which homes are generating the most buzz? Here are the most viewed listings in Palos Park:
A four-bedroom detached home valued around $603,350 is considered a typical dwelling in Palos Park. If a buyer was looking for a similar home, they would need good credit and a $120,670 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,479 and the property tax rate is $16.10 per $1,000 of taxable assessed value.