Palatine, IL 60055 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demand Fundamentals
Palatine, IL — 60055
Median Listing Price
$110K
Population
--
Households
2,276,493
Median Days on Market
46
Active Listings
0
New Listings
0
Housing Market
Pricing
Median Listing Price
$110K
-- YoY
Average Listing Price
$110K
-- YoY
Price per Sq Ft
$120
-- YoY
Median Sq Ft
920
-- YoY
Inventory
Active Listings
0
-- YoY
New Listings
0
-- YoY
Total Listings
1
-- YoY
Buyer Competition
Pending Listings
1
-- YoY
Pending Ratio
--
-- YoY
Median Days on Market
46
-- YoY
Price Reduced
0.0%
-- YoY
FY2026 Fair Market Rent — Cook County
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$1,480
/month
1 BR
$1,581
/month
2 BR
$1,781
/month
3 BR
$2,294
/month
4 BR
$2,653
/month
FMR Trends — Cook County
Source: HUD Fair Market Rents
Demand Fundamentals
Median Age
38.0
2024
Population
Cook County Population
5,182,617
+0.8% YoY
Households
Total Housing Units
2,276,493
+0.3% YoY
Age
2024 Age Mix
5.2M
residents
Under 18
1,092,202
21.1%
Adults 18–64
3,262,732
63.0%
65 & Over
827,156
16.0%
Age Composition Over Time
2017–2024
Population Under 18
1,092,202
-1.7% YoY
Population 65 & Over
827,156
+2.6% YoY
Median Age
38.00
+0.5% YoY
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