Altos Market Data for Realtors

Highland Park, IL 60035

Single-Family Homes

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Highland Park, IL 60035

Sat Sep 07 2024
This week the median list price for Highland Park, IL 60035 is $1,325,210 with the market action index hovering around 48. This is less than last month's market action index of 50. Inventory has decreased to 47. Click here to stay informed with the Highland Park market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Highland Park, IL 60035

Sat Sep 07 2024
This week the median list price for Highland Park, IL 60035 is $1,325,210 with the market action index hovering around 48. This is less than last month's market action index of 50. Inventory has decreased to 47. Click here to stay informed with the Highland Park market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Highland Park market.
Median List Price $1,325,210
Median Price of New Listings $1,324,950
Per Square Foot $361
Average Days on Market 177
Median Days on Market 42
Price Decreased 45%
Price Increased 9%
Relisted 30%
Inventory 47
Median Rent
Market Action 48
Strong Seller's Market

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$4,250,000 8,000 1 - 2.5 acres 6 7 18 2 0 189
$1,772,000 4,098 0.5 - 1 acre 5 5.3 26 2 0 63
$1,263,487 3,540 0.25 - 0.5 acre 5 3.5 47 3 2 49
$519,450 2,111 8,000 - 10,000 sqft 4 2.5 66 1 1 38