Colonial Heights, Palos Heights, IL
Colonial Heights — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Colonial Heights, Palos Heights, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
Last verified:
Colonial Heights Neighborhood Overview
Colonial Heights is a residential neighborhood within the welcoming city of Palos Heights, Illinois. Characterized by its quiet, tree-lined streets and well-maintained homes, it offers a classic suburban atmosphere. The community is known for its strong sense of neighborliness and family-friendly environment.
Lifestyle & Amenities
Residents enjoy a peaceful suburban lifestyle with convenient access to local parks and shopping. The neighborhood's location provides easy reach to the downtown Palos Heights area, which features a variety of restaurants and community events. Outdoor recreation is available at nearby forest preserves and the popular Lake Katherine Nature Center & Botanic Gardens.
Real Estate Market
The real estate market in Colonial Heights consists primarily of single-family homes. According to recent data, the median home value is $329,400, with a current price per square foot around $185. The market reflects the desirability of the area for those seeking established suburban living in the southwest Chicago suburbs.
Schools & Education
Families in Colonial Heights are served by the highly regarded Palos Heights School District 128 for elementary education. Older students typically attend schools within the Consolidated High School District 230, known for its strong academic and extracurricular programs. The community places a high value on educational opportunities.
Transportation & Connectivity
The neighborhood offers excellent connectivity via major roads like Harlem Avenue (Route 43) and the nearby I-294 Tri-State Tollway. For commuters, the Metra's Southwest Service line provides rail access to downtown Chicago from the nearby Palos Heights station. This balance makes it suitable for both local living and city commuting.
Why Choose Colonial Heights
Colonial Heights is an ideal choice for those seeking a stable, family-oriented community with a proven track record. It combines the tranquility of suburban life with the practical benefits of strong schools and convenient transportation links. The neighborhood's attractive homes and community spirit make it a lasting place to call home.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
Colonial Heights Market Data
| Metric | Value |
|---|---|
| Median Home Price | $329K |
| Median Gross Rent | $2K/mo |
| Median Household Income | $103K |
| Homeownership Rate | 94.8% |
| Renter-Occupied | 5.2% |
| Rental Vacancy Rate | 0.0% |
| Market Type | Seller's |
| Market Tier | Upper-Mid |
| Primary ZIP Code | 60463 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 262,923 |
| VA Loan Originations | 10,875 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $270K |
| Conventional Loan Originations | 219,732 |
| FHA Loan Originations | 32,316 |
Top Real Estate Agents in Colonial Heights, Palos Heights
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Colonial Heights, Palos Heights, IL. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Illinois Department of Financial and Professional Regulation (IDFPR) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12