HOW'S THE MARKET REPORT

Highwood, IL 60040

Single-Family Homes

Updated Every Tuesday


Current active inventory in Highwood, IL 60040 is very low. Keep this in mind when looking at this report.

Highwood, IL 60040

Sat Oct 04 2025
This week the median list price for Highwood, IL 60040 is $774,450 with the market action index hovering around 54. This is an increase over last month's market action index of 49. Inventory has decreased to 2. Click here to stay informed with the Highwood market!

Market Action Index

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

Strong Seller's Market

Market Narrative

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.

Highwood, IL 60040

Sat Oct 04 2025
This week the median list price for Highwood, IL 60040 is $774,450 with the market action index hovering around 54. This is an increase over last month's market action index of 49. Inventory has decreased to 2. Click here to stay informed with the Highwood market!

Market Action Index

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

Strong Seller's Market

Market Narrative

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 Highwood market.
Median List Price $774,450
Median Price of New Listings $0
Per Square Foot $270
Average Days on Market 119
Median Days on Market 119
Price Decreased 0%
Price Increased 50%
Relisted 50%
Inventory 2
Median Rent
Market Action 54
Strong Seller's Market

The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

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
$799,000 3,500 - 4 3.5 0 0 0 49
$0 0 - NaN 0 NaN 0 0 NaN
$749,900 2,400 - 4 3.5 0 0 0 189
$0 0 - NaN 0 NaN 0 0 NaN