Update: After receiving reassessment notices based on initial estimates of property values, Palos property owners were mailed letters informing them of any adjustments to their property's Assessed Value due to the effects of COVID-19. Read more about COVID-19 Adjustments to property assessments in Palos.
- 13,563 single-family parcels
- 5,875 residential condos (class 2-99)
- 326 class 2 multi-family parcels
The median estimated Fair Market Value of a single-family home in Palos in 2020 was $282,070.
The median sale value of a single-family home in Palos in 2019 was $277,000.
Read the full 2020 Palos Residential Reassessment Report for more real estate and assessment data.
Find your neighborhood, and data about single-family homes in Palos:
- number of homes and most common type of single-family homes in each neighborhood
- sale data for each neighborhood
- assessment data for each neighborhood
View the interactive neighborhood map here.
- 374 apartment buildings
- 142 office buildings
- 373 commercial/retail buildings
- 121 industrial buildings
Read the full 2020 Palos Commercial Reassessment Report for more valuation details about income-producing properties.
Total Assessed Value Changes
Initial property assessments are determined by the Assessor's Office after the office has heard all assessment appeals. Property owners can also file an appeal with the Cook County Board of Review before final assessed values are set.
The following report details the effects of appeals at the Board of Review on the assessed value of Palos Township as well as the largest parcels in this township.
For a complete dashboard of 2020 total assessed values for each township, read the Township Assessed Value Report: Tax Year 2020.