HOW'S THE MARKET REPORT
Highwood, IL 60040
Single-Family Homes
Updated Every Tuesday
Highwood, IL 60040
Sun Nov 30 2025
This week the median list price for Highwood, IL 60040 is $649,900 with the market action index hovering around 26. This is an increase over last month's market action index of 18. Inventory has increased to 3.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Market Narrative
The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It’s a Buyer’s market and prices have begun moving lower. Look for a persistent shift in Market Action before prices plateau or begin to rise again.
Real-Time Market Profile
| Median List Price | $649,900 | |
| Median Price of New Listings | $0 | |
| Per Square Foot | $258 | |
| Average Days on Market | 121 | |
| Median Days on Market | 105 | |
| Price Decreased | 67% | |
| Price Increased | 33% | |
| Relisted | 0% | |
| Inventory | 3 | |
| Median Rent | ||
| Market Action | 26 | |
| Slight Buyer's Advantage | ||
Prices in this zip code been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. Watch the Market Action Index for any signs of demand increasing.
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 |
|---|---|---|---|---|---|---|---|---|
| $795,000 | 3,500 | - | 4 | 3.5 | 0 | 0 | 1 | 105 |
| $649,900 | 2,400 | - | 4 | 3.5 | 0 | 0 | 0 | 245 |
| $375,000 | 1,450 | - | 3 | 1 | 102 | 0 | 0 | 14 |
| $0 | 0 | - | NaN | 0 | NaN | 0 | 0 | NaN |