Housing Prices in Highwood, IL

How much do homes in Highwood, IL cost?

Median List Price

$427,500

$237/sqft

Based on all homes listed in the last 12 months.

Difference Since February 2023

+$49,500(+13.1%)

Key Takeaway

The list price of homes in Highwood has increased by 13.1% since last year.

Summary: The median home list price in Highwood was $427,500 in February 2024, up 13.1% from the previous year, and the median price per square foot was $237.

Median List Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $275K$282.4K
+2.7%
3 $381K$375K
-1.6%
4 $449.9K$594.9K
+32.2%
5+ $434K$469.5K
+8.2%

Summary: Highwood housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.7%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 32.2%, and 5+ bedroom homes increased by 8.2%.

Median List Price Compared To Nearby Cities

Highwood
+13.1%
Highland Park
+10.7%
Moraine Township
+8.5%

Housing Supply in Highwood, IL

How many homes are available in Highwood, IL?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
53-40.0%

Summary: The Highwood real estate market had 3 homes for sale in February 2024, a 40.0% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 11
0.0%
3 21
-50.0%
4 11
0.0%
5+ 10
-100.0%

Summary: The Highwood housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Days on Market for Highwood, IL

How long does it take to sell a home in Highwood, IL?

Average Listing Age

Feb 2023Feb 2024CHANGE
77 Days133 Days+72.0%

Summary: Homes in Highwood had an average listing age of 133 days in Feb 2024, up by 72% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 28 Days Ago

Newest Listings in Highwood, IL

Nearby Markets to Highwood, IL

What housing markets are near Highwood, IL?