Palatine, IL Real Estate Prices per Square Foot
Buy prices, rent prices, historical development and submitted values for Palatine, IL.
Average buy price
$256.00 / sqft
Typical residential purchase price per square foot.
Average rent
$1.97 / sqft / month
Monthly rent per square foot.
Median home price
$384,770
Estimated median residential sale price.
Median monthly rent
$1,850
Estimated median rent for the city.
Historical price development
Buy price development
Buy prices have increased by about 19.7% over the last 5 years.
Rent price development
Rent prices have increased by about 3.8% over the last 5 years.
Submitted values in Palatine
This table includes recent submitted values and individual historical comparable values, so the local price development is easier to compare.
| Date | Type | Property | Price / sqft | Size | Total | Area |
|---|---|---|---|---|---|---|
| 2026-07-04 | Rent | townhouse | $1.59 / sqft | 1,545 sqft | $2,457 | Willow Walk 60074 |
| 2026-07-02 | Rent | townhouse | $1.73 / sqft | 1,475 sqft | $2,552 | Willow Walk 60074 |
| 2026-06-30 | Rent | single-family home | $1.57 / sqft | 2,360 sqft | $3,705 | Scarsdale 60067 |
| 2026-06-27 | Buy | single-family home | $301.00 / sqft | 3,520 sqft | $1,059,520 | Scarsdale 60067 |
| 2026-06-21 | Rent | apartment | $2.21 / sqft | 590 sqft | $1,304 | Baldwin 60074 |
| 2026-06-17 | Rent | apartment | $2.35 / sqft | 640 sqft | $1,504 | Downtown Palatine 60067 |
| 2026-06-14 | Buy | duplex | $223.00 / sqft | 1,880 sqft | $419,240 | Brentwood 60074 |
| 2026-06-05 | Rent | luxury apartment | $2.07 / sqft | 1,185 sqft | $2,453 | Highpoint 60074 |
| 2026-06-05 | Buy | condo | $226.00 / sqft | 870 sqft | $196,620 | San Tropai 60074 |
| 2026-06-05 | Rent | single-family home | $1.51 / sqft | 2,180 sqft | $3,292 | Pepper Tree Farms 60067 |
| 2026-06-04 | Buy | single-family home | $279.00 / sqft | 2,675 sqft | $746,325 | Scarsdale 60067 |
| 2026-06-03 | Buy | condo | $254.00 / sqft | 1,130 sqft | $287,020 | Downtown Palatine 60067 |
| 2026-06-03 | Buy | single-family home | $262.00 / sqft | 1,840 sqft | $482,080 | Whytecliff 60067 |
| 2026-06-02 | Rent | condo | $1.82 / sqft | 1,255 sqft | $2,284 | San Tropai 60074 |
| 2026-05-29 | Buy | townhouse | $257.00 / sqft | 1,745 sqft | $448,465 | Whytecliff 60067 |
| 2026-05-26 | Buy | single-family home | $214.00 / sqft | 1,605 sqft | $343,470 | Baldwin 60074 |
| 2026-05-26 | Buy | single-family home | $291.00 / sqft | 2,890 sqft | $840,990 | Golden Acres 60067 |
| 2026-05-25 | Buy | multi-family home | $206.00 / sqft | 3,180 sqft | $655,080 | Downtown Palatine 60067 |
| 2026-05-24 | Rent | luxury apartment | $2.44 / sqft | 1,015 sqft | $2,477 | Downtown Palatine 60067 |
| 2026-05-22 | Rent | condo | $1.86 / sqft | 970 sqft | $1,804 | Reseda 60074 |
| 2026-05-19 | Rent | apartment | $1.98 / sqft | 910 sqft | $1,802 | Lake Louise 60074 |
| 2026-05-15 | Buy | single-family home | $268.00 / sqft | 3,125 sqft | $837,500 | Plum Grove Estates 60067 |
| 2026-05-13 | Rent | multi-family home | $1.39 / sqft | 1,775 sqft | $2,467 | Palatine Hills 60067 |
| 2026-05-08 | Rent | apartment | $2.14 / sqft | 860 sqft | $1,840 | Lake Park Estates 60074 |
| 2026-05-06 | Rent | single-family home | $1.42 / sqft | 2,055 sqft | $2,918 | Winston Park 60074 |
| 2026-05-06 | Buy | duplex | $217.00 / sqft | 1,710 sqft | $371,070 | Palatine Hills 60067 |
| 2026-05-05 | Buy | townhouse | $244.00 / sqft | 1,635 sqft | $398,940 | Winston Knolls 60074 |
| 2026-05-02 | Rent | loft | $2.51 / sqft | 730 sqft | $1,832 | Downtown Palatine 60067 |
| 2026-05-01 | Buy | single-family home | $255.00 / sqft | 2,440 sqft | $622,200 | Fremd Area 60067 |
| 2026-05-01 | Buy | single-family home | $247.00 / sqft | 2,215 sqft | $547,105 | Highpoint 60074 |
| 2026-04-29 | Rent | luxury apartment | $2.72 / sqft | 780 sqft | $2,122 | Downtown Palatine 60067 |
| 2026-04-28 | Rent | condo | $1.91 / sqft | 1,085 sqft | $2,072 | Winston Park 60074 |
| 2026-04-26 | Buy | condo | $238.00 / sqft | 925 sqft | $220,150 | Lake Louise 60074 |
| 2026-04-24 | Buy | single-family home | $236.00 / sqft | 1,995 sqft | $470,820 | Winston Park 60074 |
| 2026-04-24 | Buy | townhouse | $231.00 / sqft | 1,510 sqft | $348,810 | Brentwood 60074 |
| 2026-04-23 | Buy | condo | $232.00 / sqft | 760 sqft | $176,320 | Lake Louise 60074 |
| 2026-04-23 | Buy | single-family home | $229.00 / sqft | 1,765 sqft | $404,185 | Reseda 60074 |
| 2026-04-18 | Rent | condo | $2.05 / sqft | 1,150 sqft | $2,358 | Highpoint 60074 |
| 2026-04-17 | Rent | apartment | $2.08 / sqft | 820 sqft | $1,706 | Rand Road Corridor 60074 |
| 2026-04-16 | Rent | apartment | $2.61 / sqft | 455 sqft | $1,188 | Downtown Palatine 60067 |
| 2026-04-16 | Rent | townhouse | $1.81 / sqft | 1,585 sqft | $2,869 | Whytecliff 60067 |
| 2026-04-14 | Buy | condo | $241.00 / sqft | 1,045 sqft | $251,845 | Baldwin 60074 |
| 2026-04-13 | Buy | single-family home | $246.00 / sqft | 2,740 sqft | $674,040 | Pepper Tree Farms 60067 |
| 2026-04-13 | Rent | luxury apartment | $2.18 / sqft | 1,325 sqft | $2,889 | Rand Road Corridor 60074 |
| 2026-04-12 | Rent | townhouse | $1.68 / sqft | 1,720 sqft | $2,890 | Winston Knolls 60074 |
| 2026-04-12 | Buy | townhouse | $219.00 / sqft | 1,365 sqft | $298,935 | Lake Park Estates 60074 |
| 2026-04-12 | Rent | duplex | $1.48 / sqft | 1,645 sqft | $2,435 | Forest Knolls 60067 |
| 2026-04-11 | Buy | condo | $264.00 / sqft | 1,235 sqft | $326,040 | Downtown Palatine 60067 |
| 2026-04-07 | Buy | multi-family home | $198.00 / sqft | 4,210 sqft | $833,580 | Palatine Hills 60067 |
| 2026-04-05 | Rent | duplex | $1.45 / sqft | 1,895 sqft | $2,748 | Forest Knolls 60067 |
| 2025-11-01 | Rent | townhouse | $1.62 / sqft / month | 1,540 sqft | $2,495 | Willow Walk 60074 |
| 2025-02-21 | Buy | condo | $219.00 / sqft | 960 sqft | $210,240 | Lake Louise 60074 |
| 2024-08-15 | Rent | single-family home | $1.38 / sqft / month | 2,350 sqft | $3,243 | Fremd Area 60067 |
| 2024-04-12 | Buy | single-family home | $224.00 / sqft | 2,040 sqft | $456,960 | Winston Knolls 60074 |
| 2023-07-01 | Rent | luxury apartment | $2.03 / sqft / month | 930 sqft | $1,888 | Downtown Palatine 60067 |
| 2023-03-31 | Buy | duplex | $196.00 / sqft | 1,725 sqft | $338,100 | Palatine Hills 60067 |
| 2022-09-15 | Rent | townhouse | $1.48 / sqft / month | 1,510 sqft | $2,235 | Brentwood 60074 |
| 2022-05-20 | Buy | single-family home | $207.00 / sqft | 2,310 sqft | $478,170 | Scarsdale 60067 |
| 2021-10-01 | Rent | condo | $1.56 / sqft / month | 1,120 sqft | $1,747 | San Tropai 60074 |
| 2021-06-18 | Buy | condo | $183.00 / sqft | 1,075 sqft | $196,725 | Downtown Palatine 60067 |
| 2020-08-01 | Rent | apartment | $1.55 / sqft / month | 740 sqft | $1,147 | Rand Road Corridor 60074 |
| 2020-04-10 | Buy | townhouse | $176.00 / sqft | 1,495 sqft | $263,120 | Willow Walk 60074 |
| 2019-11-15 | Rent | single-family home | $1.18 / sqft / month | 2,200 sqft | $2,596 | Plum Grove Estates 60067 |
| 2019-09-26 | Buy | single-family home | $181.00 / sqft | 2,540 sqft | $459,740 | Golden Acres 60067 |
| 2018-07-13 | Buy | condo | $158.00 / sqft | 1,115 sqft | $176,170 | Winston Park 60074 |
| 2018-05-01 | Rent | luxury apartment | $1.68 / sqft / month | 880 sqft | $1,478 | Downtown Palatine 60067 |
| 2017-12-01 | Rent | townhouse | $1.23 / sqft / month | 1,390 sqft | $1,710 | Whytecliff 60067 |
| 2017-05-05 | Buy | single-family home | $169.00 / sqft | 1,885 sqft | $318,565 | Highpoint 60074 |
| 2016-09-01 | Rent | apartment | $1.42 / sqft / month | 815 sqft | $1,157 | Lake Louise 60074 |
| 2016-08-19 | Buy | duplex | $151.00 / sqft | 1,640 sqft | $247,640 | Forest Knolls 60067 |
| 2015-06-01 | Rent | condo | $1.31 / sqft / month | 1,030 sqft | $1,349 | Reseda 60074 |
| 2015-03-12 | Buy | single-family home | $158.00 / sqft | 2,410 sqft | $380,780 | Scarsdale 60067 |
| 2014-10-01 | Rent | townhouse | $1.13 / sqft / month | 1,480 sqft | $1,672 | Brentwood 60074 |
| 2014-06-30 | Buy | condo | $146.00 / sqft | 980 sqft | $143,080 | Downtown Palatine 60067 |
| 2013-07-15 | Rent | single-family home | $1.05 / sqft / month | 1,920 sqft | $2,016 | Pepper Tree Farms 60067 |
| 2013-04-23 | Buy | townhouse | $137.00 / sqft | 1,575 sqft | $215,775 | Winston Knolls 60074 |
| 2012-11-01 | Rent | apartment | $1.28 / sqft / month | 690 sqft | $883 | Rand Road Corridor 60074 |
| 2012-09-07 | Buy | single-family home | $121.00 / sqft | 2,250 sqft | $272,250 | Fremd Area 60067 |
| 2011-06-15 | Rent | duplex | $0.99 / sqft / month | 1,700 sqft | $1,683 | Palatine Hills 60067 |
| 2011-02-14 | Buy | condo | $116.00 / sqft | 1,045 sqft | $121,220 | Baldwin 60074 |
| 2010-08-01 | Rent | apartment | $1.22 / sqft / month | 760 sqft | $927 | Downtown Palatine 60067 |
| 2010-05-26 | Buy | townhouse | $128.00 / sqft | 1,460 sqft | $186,880 | Willow Walk 60074 |
| 2009-12-01 | Rent | condo | $1.07 / sqft / month | 910 sqft | $974 | San Tropai 60074 |
| 2009-07-17 | Buy | single-family home | $134.00 / sqft | 1,980 sqft | $265,320 | Highpoint 60074 |
| 2008-10-03 | Buy | condo | $142.00 / sqft | 1,180 sqft | $167,560 | Lake Louise 60074 |
| 2008-05-01 | Rent | townhouse | $1.01 / sqft / month | 1,325 sqft | $1,338 | Whytecliff 60067 |
| 2007-09-01 | Rent | apartment | $1.18 / sqft / month | 845 sqft | $997 | Rand Road Corridor 60074 |
| 2007-04-19 | Buy | single-family home | $164.00 / sqft | 2,680 sqft | $439,520 | Golden Acres 60067 |
| 2006-08-15 | Rent | single-family home | $0.91 / sqft / month | 2,100 sqft | $1,911 | Plum Grove Estates 60067 |
| 2006-06-08 | Buy | townhouse | $151.00 / sqft | 1,510 sqft | $228,010 | Brentwood 60074 |
| 2005-12-01 | Rent | condo | $1.14 / sqft / month | 980 sqft | $1,117 | Winston Park 60074 |
| 2005-03-30 | Buy | single-family home | $157.00 / sqft | 2,160 sqft | $339,120 | Scarsdale 60067 |
| 2004-07-01 | Rent | duplex | $0.88 / sqft / month | 1,600 sqft | $1,408 | Forest Knolls 60067 |
| 2004-05-18 | Buy | condo | $132.00 / sqft | 1,120 sqft | $147,840 | Reseda 60074 |
| 2003-09-01 | Rent | apartment | $1.08 / sqft / month | 720 sqft | $778 | Downtown Palatine 60067 |
| 2003-08-22 | Buy | single-family home | $139.00 / sqft | 1,785 sqft | $248,115 | Highpoint 60074 |
| 2002-11-15 | Rent | townhouse | $0.93 / sqft / month | 1,450 sqft | $1,349 | Willow Walk 60074 |
| 2002-06-12 | Buy | multi-family home | $119.00 / sqft | 2,480 sqft | $295,120 | Palatine Hills 60067 |
| 2001-10-01 | Rent | condo | $1.02 / sqft / month | 960 sqft | $979 | Lake Park Estates 60074 |
| 2001-04-27 | Buy | townhouse | $118.00 / sqft | 1,360 sqft | $160,480 | Winston Knolls 60074 |
| 2000-09-19 | Buy | single-family home | $126.00 / sqft | 2,360 sqft | $297,360 | Pepper Tree Farms 60067 |
| 2000-03-01 | Rent | apartment | $0.97 / sqft / month | 790 sqft | $766 | Downtown Palatine 60067 |
| 1999-11-05 | Buy | condo | $106.00 / sqft | 1,040 sqft | $110,240 | San Tropai 60074 |
| 1998-08-15 | Rent | single-family home | $0.73 / sqft / month | 1,850 sqft | $1,351 | Fremd Area 60067 |
| 1998-05-21 | Buy | duplex | $101.00 / sqft | 1,550 sqft | $156,550 | Brentwood 60074 |
| 1997-02-01 | Rent | apartment | $0.88 / sqft / month | 650 sqft | $572 | Baldwin 60074 |
| 1996-07-29 | Buy | single-family home | $112.00 / sqft | 2,050 sqft | $229,600 | Scarsdale 60067 |
| 1995-12-01 | Rent | condo | $0.91 / sqft / month | 880 sqft | $801 | Whytecliff 60067 |
| 1995-10-11 | Buy | townhouse | $96.00 / sqft | 1,420 sqft | $136,320 | Winston Park 60074 |
| 1994-04-15 | Rent | townhouse | $0.76 / sqft / month | 1,280 sqft | $973 | Plum Grove Estates 60067 |
| 1993-06-24 | Buy | condo | $88.00 / sqft | 920 sqft | $80,960 | Lake Louise 60074 |
| 1992-09-01 | Rent | apartment | $0.82 / sqft / month | 725 sqft | $595 | Rand Road Corridor 60074 |
| 1992-03-18 | Buy | single-family home | $103.00 / sqft | 1,680 sqft | $173,040 | Downtown Palatine 60067 |
Housing market overview for Palatine, IL
The real estate market in Palatine, IL can be compared more clearly by looking at price per square foot. Current estimates show an average buy price of $256.00 / sqft and an average rent of $1.97 / sqft / month.
Buyers can use the purchase price per square foot to compare homes, condos and apartments of different sizes. Renters can use monthly rent per square foot to compare different rental listings more accurately.
The reported values on this page show how prices can vary by neighborhood, property type, size and condition. Historical values help explain whether the local market has been rising, stable or cooling.
Frequently asked questions
What is the average home price per square foot in Palatine?
The average residential buy price in Palatine, IL is $256.00 / sqft based on the current values available on this page.
How much is rent per square foot in Palatine?
The average rental price in Palatine, IL is $1.97 / sqft / month. Actual rents can vary by neighborhood, property type and building quality.
Are property prices in Palatine increasing?
Buy prices have increased by about 19.7% over the last 5 years. Rent prices have increased by about 3.8% over the last 5 years. These 5-year trends are based on the available individual historical comparable values.