Foreclosure Homes in Highland, IL

Current Market Conditions in Highland, IL

The Highland real estate market is currently experiencing stable conditions, with a moderate increase in property values over the last year. Buyers are drawn to the area due to its affordability compared to larger metropolitan regions nearby, which is contributing to steady demand for homes.

Despite rising interest rates, the demand for single-family homes remains robust, as many buyers seek the tranquil environment that Highland offers. Properties are selling relatively quickly, indicating a competitive market, particularly for well-maintained homes in desirable neighborhoods.

Rent Prices In Highland, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Highland, IL, is on a rollercoaster ride. The average rent price in Highland, IL, is $1,210.00. Indeed, when looking to rent in Highland, IL, you can expect to pay as little as $530.00 or as much as $2,370.00, with the average rent median estimated to be $1,200.00. The good news is that finding an affordable and desirable property to rent in Highland, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.