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Median Home Price in Palatine, IL

The median home value in Palatine, IL is $396,075 as of 2026-06-30, up 5.55% from a year earlier.

Median Home Value

$396,075

Year-over-Year

+5.55%

Population

63,960

Palatine ranks #76 of 279 Illinois cities tracked here by median home value, and sits 24.4% above the state's city median of $318,423. It sits in Cook County, where the county-wide median is $343,350.

Crime in Palatine

Palatine police recorded a violent crime rate of 67 per 100,000 residents in 2024 — lower than most cities that report to the FBI. Property crime runs at 941 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Palatine

How much does a house cost in Palatine, IL?

The median home value in Palatine is $396,075. That's up 5.55% from a year earlier. That is about 24.4% above the typical county in Illinois.

Is Palatine expensive compared to the surrounding area?

Homes in Palatine are more expensive than Cook County as a whole, where the median is $343,350 — a difference of about 15.4%.

Is Palatine a safe place to live?

Palatine police reported 67 violent crimes per 100,000 residents, covering a population of about 63,960. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.