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Highland Park, IL

Single-Family Homes

312-961-6212



Highland Park, IL

Mon Mar 01 2021
This week the median list price for Highland Park, IL is $1,249,975 with the market action index hovering around 43. This is an increase over last month's market action index of 42. Inventory has held steady at or around 72. 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.

Slight Seller's Advantage

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Highland Park, IL

Mon Mar 01 2021
This week the median list price for Highland Park, IL is $1,249,975 with the market action index hovering around 43. This is an increase over last month's market action index of 42. Inventory has held steady at or around 72. 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.

Slight Seller's Advantage

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the Highland Park market.
Median List Price $1,249,975
Per Square Foot $253
Days on Market 102
Price Decreased 15%
Price Increased 3%
Relisted 18%
Inventory 72
Median Rent $3,365
Most Expensive $14,855,000
Least Expensive $290,000
Market Action 43
Slight Seller's Advantage

Prices hit another all time high this week. Given current conditions, prices continue to march higher. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

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
$2,974,500 6,802 0.5 - 1 acre 5 6 26 0 0 161
$1,399,000 5,574 0.5 - 1 acre 4 4 19 2 0 56
$896,500 4,046 0.25 - 0.5 acre 5 4 52 0 2 164
$474,500 2,020 0.25 - 0.5 acre 4 2 70 5 4 42