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Foreclosure Homes in Highwood, IL

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Highwood, IL Foreclosures

How much do homes sell for in Highwood, IL?
The average home price is currently $630,546.
In Highwood, IL, how many homes are available?
There are currently 32 active home listings available in Highwood.
What’s the average rental cost in Highwood, IL?
The average rental price in Highwood is $2,193.
What is the most expensive home in Highwood?
The most expensive home sold in Highwood had a price of $67,410,024.
What is currently the cheapest priced home in Highwood, IL?
The cheapest home for sale in Highwood is priced at $13,283.

Living in Highwood, IL

Highwood, Illinois, is a vibrant lakeside community renowned for its family-friendly atmosphere, cultural activities, and excellent schools. With a variety of parks and recreational opportunities, residents can enjoy the outdoors while living close to the excitement of downtown Chicago. Highwood combines the charm of suburban living with convenient access to urban amenities.

Current Market Conditions in Highwood, IL

The real estate market in Highwood has remained stable over the past year, with a steady increase in property values as more families are drawn to the community for its strong schools and quality of life. Buyers are particularly interested in single-family homes due to the spacious lots and family-friendly neighborhood vibe.

Rental properties in Highwood have seen consistent demand, with many young professionals opting to live in the area due to its convenient location and vibrant community offerings. Overall, the market remains competitive, with buyers often facing multiple offer situations.

Home Value Estimator For Highwood, IL

There are currently 1,180 real estate properties in Highwood, IL, with a median automated valuation model (AVM) price of $455,259.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Highwood, 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 Highwood, IL, is $630,546.00, with the most expensive house in Highwood, IL, topping out at $67,410,024.00 and the cheapest home in Highwood, IL, clocking in at $13,283.00. In other words, there’s something for every potential homebuyer or savvy investor in Highwood, IL!

Rent Prices In Highwood, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Highwood, IL, is on a rollercoaster ride. The average rent price in Highwood, IL, is $2,193.00. Indeed, when looking to rent in Highwood, IL, you can expect to pay as little as $1,020.00 or as much as $4,500.00, with the average rent median estimated to be $2,100.00. The good news is that finding an affordable and desirable property to rent in Highwood, 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.

Highwood, IL Foreclosures


Market Trend for Highwood, IL

Total Listings Available: 32

Market Values:

Home Prices from $13,283 to $67,410,024

Average Sales Price: $630,546

Rental Values:

Rental from $1,020 to $4,500

Average Rent Value: $2,193 / month

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