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Foreclosures in Highwood, IL 60040

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Highwood, IL Foreclosures

Current Market Conditions in in Highwood, IL As of March 2026?
In the past month, Highwood's real estate market has seen an acceleration in transactions, with several homes receiving multiple offers. This trend suggests that buyer confidence is rising, likely fueled by favorable interest rates and a desire for more spacious homes. Inventory remains low, which could further drive up prices in the coming months as demand continues to outstrip supply.
How much do homes sell for in Highwood, IL?
The average home price is currently $619,052.
In Highwood, IL, how many homes are available?
There are currently 1 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 $66,305,080.
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, IL is a charming city with a lively downtown and beautiful lakeside views. It offers a blend of recreational opportunities and cultural experiences, making it an attractive place for families and individuals alike. The community is well-connected to Chicago, allowing for commuter convenience while maintaining its unique suburban charm.

Buyer vs Seller Market in Highwood, IL

Highwood's real estate market has remained competitive over the past year, with demand driving a steady increase in home prices. The area has seen a mix of renovated vintage homes and new construction, appealing to a diverse range of buyers.

Currently, Highwood is experiencing a trend of rising interest in suburban living due to the ongoing effects of remote work. Buyers are seeking homes with more space and community amenities, making Highwood an increasingly popular choice.

Home Value Estimator For Highwood, IL

There are currently 1,181 real estate properties in Highwood, IL, with a median automated valuation model (AVM) price of $443,784.00. 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 $619,052.00, with the most expensive house in Highwood, IL, topping out at $66,305,080.00 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 60040 Foreclosures


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