From July through September of 2018, there were 412 homes sold, with a median sale price of $215,000 - a 17.3% decrease over the $260,000 median sale price for the same period of the previous year. There were 431 homes sold in Palatine in the third quarter of 2017.
The median sales tax in Palatine for the most recent year with available data, 2017, was $5,801.20, approximately 2.7% of the median home sale price for the third quarter of 2018.
The following table compares Palatine to other Cook County cities with similar median sales prices in the third quarter of 2018:
| City | July - Sept. 2018 Home Sales | July - Sept. 2017 Home Sales | % change (Total Home Sales) | July - Sept. 2018 Median Sales Price | July - Sept. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Rolling Meadows | 116 | 127 | -8.7% | $223,500 | $223,000 | 0.2% |
| Hickory Hills | 56 | 45 | 24.4% | $222,500 | $187,000 | 19% |
| Indian Head Park | 24 | 30 | -20% | $220,500 | $226,500 | -2.6% |
| Des Plaines | 330 | 348 | -5.2% | $219,500 | $236,250 | -7.1% |
| Olympia Fields | 37 | 34 | 8.8% | $215,000 | $183,500 | 17.2% |
| Palatine | 412 | 431 | -4.4% | $215,000 | $260,000 | -17.3% |
| Hanover Park | 67 | 82 | -18.3% | $206,000 | $180,000 | 14.4% |
| Franklin Park | 75 | 66 | 13.6% | $205,000 | $189,000 | 8.5% |
| Berkeley | 22 | 22 | 0% | $203,250 | $189,000 | 7.5% |
| Schiller Park | 38 | 33 | 15.2% | $202,500 | $203,500 | -0.5% |
| Tinley Park | 259 | 304 | -14.8% | $200,000 | $195,000 | 2.6% |
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