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Foreclosure Homes in Highland Park, IL

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Highland Park, IL Foreclosures

How much do homes sell for in Highland Park, IL?
The average home price is currently $916,567.
In Highland Park, IL, how many homes are available?
There are currently 288 active home listings available in Highland Park.
What’s the average rental cost in Highland Park, IL?
The average rental price in Highland Park is $3,153.
What is the most expensive home in Highland Park?
The most expensive home sold in Highland Park had a price of $30,293,194.
What is currently the cheapest priced home in Highland Park, IL?
The cheapest home for sale in Highland Park is priced at $15,022.

Living in Highland Park, IL

Highland Park is a vibrant suburban community in Illinois known for its beautiful lakefront parks, excellent schools, and diverse cultural offerings. With easy access to public transportation and a variety of dining options, it’s an ideal location for families and professionals. The area’s rich history and outdoor amenities make it a great place to live and work.

Current Market Conditions in Highland Park, IL

The real estate market in Highland Park has shown resilience, with a steady increase in home values over the past few years. The demand for properties remains strong, fueled by the area's attractive schools and recreational facilities. Buyers are particularly interested in homes near the lakefront, where properties enjoy premium pricing due to their desirable location.

Home Value Estimator For Highland Park, IL

There are currently 11,804 real estate properties in Highland Park, IL, with a median automated valuation model (AVM) price of $755,548.00. 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 Park, 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 Park, IL, is $916,567.00, with the most expensive house in Highland Park, IL, topping out at $30,293,194.00 and the cheapest home in Highland Park, IL, clocking in at $15,022.00. In other words, there’s something for every potential homebuyer or savvy investor in Highland Park, IL!

Rent Prices In Highland Park, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Highland Park, IL, is on a rollercoaster ride. The average rent price in Highland Park, IL, is $3,153.00. Indeed, when looking to rent in Highland Park, IL, you can expect to pay as little as $950.00 or as much as $4,780.00, with the average rent median estimated to be $3,210.00. The good news is that finding an affordable and desirable property to rent in Highland Park, 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 Park, IL Foreclosures

Market Trend for Highland Park, IL

Total Listings Available: 288

Market Values:

Home Prices from $15,022 to $30,293,194

Average Sales Price: $916,567

Rental Values:

Rental from $950 to $4,780

Average Rent Value: $3,153 / month

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