Similar to other places in this area, it is a bit less expensive compared to the country as a whole. Compared to the city of Chicago, it's a little less expensive.
Home prices
The median home in Palos Hills is valued at $203,800. It is is very similar in comparison to nearby areas.It is about $13,700 (6%) lower compared to the rest of the nation, and in comparison to the city of Chicago is roughly $54,200 (21%) lower.
Rents
Palos Hills's median rent is $1,035 a month. This is is very similar compared to the surrounding areas.It is roughly $27 (2%) lower compared to the United States as a whole, and compared to the city of Chicago is approximately $77 (6%) lower.
Nearby places
Worth
Worth is Palos Hills's neighbor to the southeast. Its housing prices are somewhat less expensive. Worth's median home value is $171,200, which is $32,600 (19%) lower than Palos Hills. Rents there are a bit less expensive. Worth's median rent is $975 per month, which is $60 (6%) lower than Palos Hills.
Hickory Hills
Hickory Hills is Palos Hills's neighbor to the north. Its real estate prices are a little more expensive. The median home value in Hickory Hills is $229,700, which comes out to $25,900 (11%) higher than Palos Hills. Its rents are a little less expensive. In Hickory Hills the median monthly rent is $950, which works out to $85 (8%) lower than Palos Hills.
Chicago Ridge
Chicago Ridge is Palos Hills's neighbor to the east. The real estate prices there are a little less expensive. Chicago Ridge's median home cost is $160,500, which comes out to $43,300 (26%) lower than Palos Hills. Rent there is similar. In Chicago Ridge the median rent is $996 per month, which is $39 (3%) lower than Palos Hills.
Palos Heights
Palos Heights is Palos Hills's neighbor to the southeast. Housing prices there are a bit more expensive. Palos Heights's median home value is $282,100, which comes out to $78,300 (27%) higher than Palos Hills. Its rents are a bit more expensive. Palos Heights's median monthly rent is $1,322, which comes out to $287 (21%) higher than Palos Hills.
Bridgeview
Bridgeview is Palos Hills's neighbor to the north. The housing prices there are a bit less expensive. The median home cost in Bridgeview is $183,400, which is $20,400 (11%) lower than Palos Hills. Rent there is somewhat less expensive. In Bridgeview the median monthly rent is $968, which works out to $67 (6%) lower than Palos Hills.
