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Foreclosure Homes in Highwood, IL

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Highwood, IL Foreclosures

Current Market Conditions in in Highwood, IL As of April 2026?
Over the past month, Highwood's real estate market has shown stable demand, with a slight increase in the number of homes listed. Sales remain brisk, reflecting ongoing interest in the area among potential buyers. Average home prices have held steady, indicating market resilience even amid broader economic fluctuations.
How much do homes sell for in Highwood, IL?
The average home price is currently $619,803.
In Highwood, IL, how many homes are available?
There are currently 48 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 $65,887,740.
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 delightful suburban village located near Lake Michigan, just north of Chicago. Known for its rich community spirit and charming local businesses, it offers a variety of dining and shopping experiences. The area provides excellent public transportation options, making it an attractive place to live for commuters looking for a peaceful yet vibrant environment.

Buyer vs Seller Market in Highwood, IL

Highwood's real estate market remains competitive, characterized by steady demand for single-family homes and condominiums. The area has seen an uptick in new developments, particularly as young professionals seek housing close to vibrant amenities and transportation. Home values have experienced incremental growth, making this an attractive market for both buyers and investors.

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 $443,664.00. 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 $619,803.00, with the most expensive house in Highwood, IL, topping out at $65,887,740.00 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: 48

Market Values:

Home Prices from $13,283 to $65,887,740

Average Sales Price: $619,803

Rental Values:

Rental from $1,020 to $4,500

Average Rent Value: $2,193 / month

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