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Highland Park, IL

Single-Family Homes

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Highland Park, IL

Fri Oct 30 2020
This week the median list price for Highland Park, IL is $845,000 with the market action index hovering around 37. This is less than last month's market action index of 40. Inventory has held steady at or around 131. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Highland Park, IL

Fri Oct 30 2020
This week the median list price for Highland Park, IL is $845,000 with the market action index hovering around 37. This is less than last month's market action index of 40. Inventory has held steady at or around 131. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Highland Park market.
Median List Price $845,000
Per Square Foot $224
Days on Market 200
Price Decreased 45%
Price Increased 3%
Relisted 19%
Inventory 131
Median Rent $2,950
Most Expensive $14,855,000
Least Expensive $279,000
Market Action 37
Slight Seller's Advantage

Price trends continued their recent uptrend this week. While still below the market’s price high-point, we’ve seen a nice run recently.

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
$1,674,995 6,170 0.5 - 1 acre 5 6 30 1 2 293
$999,000 4,080 0.25 - 0.5 acre 4 5 22 6 2 196
$649,900 3,125 0.25 - 0.5 acre 4 4 65 6 3 144
$459,000 2,169 0.25 - 0.5 acre 4 3 63 4 7 169