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Foreclosure Homes in Palos Hills, IL

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S-81st-ave-Palos-hills-IL-60465
Preforeclosure
$216,239 EMV

S 81st Ave
Palos Hills, IL 60465

| 1.5 Bath | 1,160 Sq. Ft.

Moraine-dr-apt-b-Palos-hills-IL-60465
Preforeclosure
$122,400 EMV

Moraine Dr Apt B
Palos Hills, IL 60465

| 0 Sq. Ft.

S-81st-ct-Palos-hills-IL-60465
Preforeclosure
$305,345 EMV

S 81st Ct
Palos Hills, IL 60465

3 Bed | 3 Bath | 1,975 Sq. Ft.

W-100th-pl-Palos-hills-IL-60465
Preforeclosure
$191,951 EMV

W 100th Pl
Palos Hills, IL 60465

2 Bed | 2 Bath | 1,365 Sq. Ft.

W-98th-pl-Palos-hills-IL-60465
Preforeclosure
$234,004 EMV

W 98th Pl
Palos Hills, IL 60465

3 Bed | 2 Bath | 1,332 Sq. Ft.

S-roberts-rd-unit-b-Palos-hills-IL-60465
Preforeclosure
$201,280 EMV

S Roberts Rd Unit B
Palos Hills, IL 60465

2 Bed | 2 Bath | 1,440 Sq. Ft.

15 S-84th-ter-apt-211-Palos-hills-IL-60465
As-Is Deal
$125,000 List Price

S 84th Ter Apt 211
Palos Hills, IL 60465

2 Bed | 1 Bath

15 W-98th-pl-Palos-hills-IL-60465
As-Is Deal
$240,000 List Price

W 98th Pl
Palos Hills, IL 60465

3 Bed | 2 Bath | 1,317 Sq. Ft.

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Foreclosure Homes in Palos Hills, IL

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Palos Hills, IL area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Palos Hills, IL and much more. Save thousands at closing with home foreclosure listings in Palos Hills, IL — up to 75% off market value!


Top Reasons To Live In Palos Hills, IL In 2021

Palos Hills is located in Cook, Illinois, with an estimated municipal population of 17,060 residents. All of the best foreclosed homes for sale in Palos Hills are located in the following zip code areas on Foreclosure.com: 60465. The estimated population per square kilometer (.62 miles) in Palos Hills is 1,551.


Cost Of Living In Palos Hills, IL

So, about how much do homes cost in Palos Hills? The most recent median value of resident-owned homes in Palos Hills is 198,492. An estimated 76.4 percent of households in Palos Hills own their homes, with an average family size of 3.29. The median household income in Palos Hills is 61,143, with29 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Palos Hills, the median commute time of resident workers (in minutes) is 33.2. And last, but certainly not least, are you looking for homes to rent in Palos Hills? If so, the average rent price paid by renters in Palos Hills is 1,035, according to recent statistics.


Diversity And Demographics In Palos Hills, Illinois

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Palos Hills, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Palos Hills is 41.8, split between 45.1 percent male versus 54.9 female. The percentage of residents who report being married in Palos Hills is 47.9, with an average family size of 3.29.

The percentage of residents who report their race in Palos Hills is as follows:

White 88.5%
Black / African American 5.3%
Asian 2.8%
American Indian / Alaskan Native 0.1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.9%
Other 0.4%

Looking for family-friendly neighborhoods in and/or near Palos Hills? Or maybe you are searching for 55+ active adult communities in and/or near Palos Hills?

The percentage of residents who report their age in Palos Hills is as follows:

Under 10 12%
Aged 10-19 12.2%
20s 11.3%
30s 12.9%
40s 11%
50s 13.4%
60s 13.4%
70s 9.6%
80+ 4.3%

Best Schools In Palos Hills, Illinois

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Palos Hills with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Palos Hills.


Pros And Cons Of Living In Palos Hills, Illinois

How do you know that living in -- or moving to -- Palos Hills is right where you need to be? Perhaps you grew up in Palos Hills or already live nearby; therefore, the decision to buy a home in Palos Hills is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Palos Hills for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Palos Hills:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Palos Hills.


Reasons To Move To Palos Hills, Illinois, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Palos Hills can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Palos Hills, meanwhile, can field multiple offers from more qualified buyers.

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