Palos Heights 60463

Cook County, IL · 14,781 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

62affordability /100

Buyer leverage is buyer advantage; weigh payment burden and the 3-lens valuation before bidding.

Payment burden
23%
affordable
Days on market
46
daily
Price cuts
27.0%
of active
Valuation
-15.4%
vs assessor
Look up an address
75
/100
Stable
warming · buyer advantage · prices rising year-over-year.
Price trend
75
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

30/ 100SellerBalancedBuyer
Seller's Market
DOM: 58d (stable) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)0
Valuation Gap (25%)10
Supply & Demand (20%)85
Buy vs Rent (15%)50
Cancellation Rate (10%)0
Days on Market (5%)60

Seller-favored market in 60463. Expect to pay at or near list price. Payment burden: 23.0% of median income. Median days on market: 58. Renting is approximately 63% cheaper than buying (price-to-rent ratio: 19.6).

Buyer Caution

Seller's market. Be prepared to pay near list price.

Competitive market similar to 2021-2022 — limited inventory driving prices above fundamentals.
WARMINGBUYER ADVANTAGE

Market is warming with rising prices. Buyers have strong negotiating leverage. Prices up 4.7% YoY.

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Market snapshoteach number, once

Median price
$399,586
▴ 4.7% YoY
Days on market
46
daily · zip_data
Median rent
$1,696
ZORI
Investor score
61/100
cash-flow lens
Active listings
52
90-day

Valuation3 lenses, different anchors

vs assessor
-15.4%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$337,980
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$180
Price-to-income3.8×

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How 60463 ranks in IL
percentile vs all Illinois ZIPs · n=1303
Market velocity54%
Supply tightness50%
Affordability14%
Investment yield29%
Appreciation38%

Affordability, supply & momentum

28SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply10.3 mo
Days on Market46d
Inv vs History+14.2%
Listing Density--
Affordability — payment burden
Monthly payment (P&I)$2,018
Payment burden23%
Median income · ZIP$105,389
Mortgage rate6.49% · 30yr
Total monthly own$2,418
Monthly rent$1,696
Market dynamics
Price cut %27.0%
Momentumwarming
LeverageBUYER ADVANTAGE
Months of supply10.3
Sales (90d)0
Investment analysis
Median rent$1,696
Price-to-rent19.6
Est. cap rate3.3%
Buy vs rentneutral

Livability

Walk score6
Transit score12
Bike score—

Historical trends

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Cook County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

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Chicago Metro·Overpriced ZIPs·Investor ZIPs·View on Map·Cook County