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Bankruptcy Homes in Highland, IL

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Highland, IL Foreclosures

How much do homes sell for in Highland, IL?
The average home price is currently $280,381.
In Highland, IL, how many homes are available?
There are currently 19 active home listings available in Highland.
What’s the average rental cost in Highland, IL?
The average rental price in Highland is $1,210.
What is the most expensive home in Highland?
The most expensive home sold in Highland had a price of $5,904,822.
What is currently the cheapest priced home in Highland, IL?
The cheapest home for sale in Highland is priced at $12,311.

Living in Highland, IL

Highland, Illinois, is a charming small town that offers a welcoming community atmosphere, excellent schools, and abundant natural beauty. With its lively downtown area, residents enjoy access to local shops and restaurants, alongside outdoor recreational opportunities. Ideal for families and commuters alike, Highland's strategic location provides easy access to major highways and nearby cities.

Current Market Conditions in Highland, IL

The Highland real estate market remains competitive, with constant demand for homes due to the town's desirable family-friendly environment and excellent schools. Home prices have seen a steady increase over the past year, reflecting a strong interest from buyers seeking to invest in suburban living with a small-town charm. Inventory remains relatively low, resulting in quicker sales and potential bidding wars for sought-after properties.

Currently, the market is experiencing a slight uptick in listings, providing more options for buyers; however, the average days on the market remain low, indicating that homes are still selling quickly. First-time buyers and families relocating to the area are driving many of these market dynamics.

Home Value Estimator For Highland, IL

There are currently 6,376 real estate properties in Highland, IL, with a median automated valuation model (AVM) price of $244,913.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Highland, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Highland, IL, is $280,381.00, with the most expensive house in Highland, IL, topping out at $5,904,822.00 and the cheapest home in Highland, IL, clocking in at $12,311.00. In other words, there’s something for every potential homebuyer or savvy investor in Highland, IL!

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.

Highland, IL Bankruptcy Homes

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