Palatine 60074
Cook County, IL · 19,943 properties · updated 7/5/2026
Should you buy here?buyer-timing lens
62affordability /100
Buyer leverage is balanced; weigh payment burden and the 3-lens valuation before bidding.
Payment burden
22.8%
affordable
Days on market
43
daily
Price cuts
14.2%
of active
Valuation
+29.6%
vs assessor
80
/100
Strong Market
warming · balanced · prices rising year-over-year.
Price trend
90
Affordability
95
Valuation
50
Economic health
62
Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.
Buyer / sellerbuyer-timing lens
Seller's Market
DOM: 56d (stable) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)0
Valuation Gap (25%)10
Supply & Demand (20%)85
Buy vs Rent (15%)0
Cancellation Rate (10%)0
Days on Market (5%)60
Seller-favored market in 60074. Expect to pay at or near list price. Payment burden: 22.9% of median income. Median days on market: 56.
Buyer Caution
Seller's market. Be prepared to pay near list price.
Competitive market similar to 2021-2022 — limited inventory driving prices above fundamentals.
WARMINGBALANCED
Market is warming with rising prices. Conditions are balanced between buyers and sellers. Prices up 3.4% YoY.
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Market snapshoteach number, once
Median price
$308,636
▴ 3.4% YoY
Days on market
43
daily · zip_data
Median rent
$2,142
ZORI
Investor score
88/100
cash-flow lens
Active listings
74
90-day
Valuation3 lenses, different anchors
vs assessor
+29.6%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$400,000
county CAMA · properties_v
vs income
—
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+44.5%
County-wide market — the widest, slowest signal.
Cook+44.5%
Cook+44.5%
Lotvox comps · mv_valuation_gap
Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft$243
Price-to-income3.8×
How 60074 ranks in IL
percentile vs all Illinois ZIPs · n=1303
Market velocity60%
Supply tightness50%
Affordability14%
Investment yield81%
Appreciation26%
Affordability, supply & momentum
31SUPPLY
BalancedSupply Tightness
Supply and demand are roughly even — standard negotiation dynamics.
Months of Supply10.7 mo
Days on Market43d
Inv vs History+0.5%
Listing Density--
Affordability — payment burden
Monthly payment (P&I)$1,559
Payment burden22.8%
Median income · ZIP$81,911
Mortgage rate6.49% · 30yr
Total monthly own$1,868
Monthly rent$2,142
Market dynamics
Price cut %14.2%
Momentumwarming
LeverageBALANCED
Months of supply10.7
Sales (90d)0
Investment analysis
Median rent$2,142
Price-to-rent12.0
Est. cap rate5.4%
Buy vs rentfavors buying
Livability
Walk score2
Transit score4
Bike score—
Historical trends
Cook County contextmacro · jobs · debt · migration
ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.