In January 2019, there were 60 homes sold, with a median sale price of $240,250 - a 5.4% increase over the $228,000 median sale price for the same period of the previous year. There were 81 homes sold in Palatine in January 2018.
The median sales tax in Palatine for the most recent year with available data, 2017, was $5,801, approximately 2.4% of the median home sale price for January 2019.
The following table compares Palatine to other Cook County cities with similar median sales prices in January 2019:
| City | Jan. 2019 Home Sales | Jan. 2018 Home Sales | % change (Total Home Sales) | Jan. 2019 Median Sales Price | Jan. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Palos Heights | 17 | 17 | 0% | $252,000 | $230,000 | 9.6% |
| Willow Springs | 8 | 10 | -20% | $250,000 | $174,250 | 43.5% |
| Orland Park | 68 | 75 | -9.3% | $249,750 | $225,000 | 11% |
| Lincolnwood | 8 | 15 | -46.7% | $247,000 | $441,500 | -44.1% |
| Buffalo Grove | 22 | 14 | 57.1% | $242,500 | $152,500 | 59% |
| Palatine | 60 | 81 | -25.9% | $240,250 | $228,000 | 5.4% |
| La Grange Park | 13 | 19 | -31.6% | $235,000 | $360,000 | -34.7% |
| Hoffman Estates | 33 | 57 | -42.1% | $232,500 | $220,000 | 5.7% |
| Elk Grove Village | 29 | 103 | -71.8% | $232,000 | $190,000 | 22.1% |
| Melrose Park | 16 | 20 | -20% | $230,000 | $169,000 | 36.1% |
| Roselle | 3 | 6 | -50% | $224,000 | $174,750 | 28.2% |
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