Altos Market Data for Realtors

Highland Park, IL

Single-Family Homes

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Highland Park, IL

Tue Sep 21 2021
This week the median list price for Highland Park, IL is $824,900 with the market action index hovering around 38. This is about the same as last month's market action index of 38. Inventory has decreased to 101. 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

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Highland Park, IL

Tue Sep 21 2021
This week the median list price for Highland Park, IL is $824,900 with the market action index hovering around 38. This is about the same as last month's market action index of 38. Inventory has decreased to 101. 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

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Highland Park market.
Median List Price $824,900
Median Price of New Listings $675,000
Per Square Foot $258
Average Days on Market 180
Median Days on Market 84
Price Decreased 54%
Price Increased 1%
Relisted 22%
Inventory 101
Median Rent $2,850
Market Action 38
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,675,000 6,092 0.5 - 1 acre 5 5 29 1 2 119
$989,000 4,262 0.25 - 0.5 acre 5 4 35 4 3 91
$639,900 2,700 0.25 - 0.5 acre 4 3 65 7 5 70
$357,500 1,427 8,000 - 10,000 sqft 3 2 68 3 3 42