From April through June of 2019, there were 376 homes sold, with a median sale price of $265,000 - a 3.6% decrease over the $275,000 median sale price for the same period of the previous year. There were 465 homes sold in Palatine in the second quarter of 2018.
The median sales tax in Palatine for the most recent year with available data, 2018, was $5,882, approximately 2.2% of the median home sale price for the second quarter of 2019.
The following table compares Palatine to other Cook County cities with similar median sales prices in the second quarter of 2019:
| City | Apr. - June 2019 Home Sales | Apr. - June 2018 Home Sales | % change (Total Home Sales) | Apr. - June 2019 Median Sales Price | Apr. - June 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Norridge | 56 | 59 | -5.1% | $288,250 | $285,000 | 1.1% |
| Forest River | 2 | 1 | 100% | $270,000 | $222,500 | 21.3% |
| Harwood Heights | 25 | 36 | -30.6% | $268,000 | $262,000 | 2.3% |
| Mission Hills Estates | 2 | 4 | -50% | $267,500 | $295,000 | -9.3% |
| Palos Heights | 84 | 81 | 3.7% | $266,750 | $279,000 | -4.4% |
| Palatine | 376 | 465 | -19.1% | $265,000 | $275,000 | -3.6% |
| Orland Park | 304 | 351 | -13.4% | $260,000 | $262,000 | -0.8% |
| Brookfield | 101 | 113 | -10.6% | $260,000 | $244,000 | 6.6% |
| Prospect Heights | 67 | 57 | 17.5% | $260,000 | $240,000 | 8.3% |
| Willow Springs | 29 | 37 | -21.6% | $259,000 | $319,000 | -18.8% |
| Hoffman Estates | 219 | 257 | -14.8% | $258,500 | $265,000 | -2.5% |
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