The median home value in Palatine, IL is $305,600. This is higher than the county median home value of $279,800. The national median home value is $338,100. The average price of homes sold in Palatine, IL is $305,600. Approximately 63.09% of Palatine homes are owned, compared to 30.77% rented, while 6.14% are vacant. Palatine real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Palatine real estate agent to arrange a tour today!
Palatine, Illinois 60074 has a population of 67,754. Palatine 60074 is more family-centric than the surrounding county with 31.01% of the households containing married families with children. The county average for households married with children is 29.73%.
The median household income in Palatine, Illinois 60074 is $86,415. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Palatine 60074 is 38.2 years.
The average high temperature in July is 83 degrees, with an average low temperature in January of 13.9 degrees. The average rainfall is approximately 36.2 inches per year, with 35.7 inches of snow per year.