Altos Market Data for Realtors

Highwood, IL

Single-Family Homes

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Highwood, IL

Tue Sep 21 2021
This week the median list price for Highwood, IL is $375,000 with the market action index hovering around 26. This is less than last month's market action index of 34. Inventory has increased to 7. 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.

Slight Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Highwood, IL

Tue Sep 21 2021
This week the median list price for Highwood, IL is $375,000 with the market action index hovering around 26. This is less than last month's market action index of 34. Inventory has increased to 7. 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.

Slight Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Highwood market.
Median List Price $375,000
Median Price of New Listings $642,500
Per Square Foot $215
Average Days on Market 92
Median Days on Market 98
Price Decreased 43%
Price Increased 0%
Relisted 43%
Inventory 7
Median Rent $2,675
Market Action 26
Slight Buyer's Advantage

The market seems to have paused around this plateau. 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
$950,000 4,132 0.25 - 0.5 acre 5 3 21 1 0 0
$717,000 3,608 0.25 - 0.5 acre 4 3 31 0 0 52
$357,500 1,613 4,500 - 6,500 sqft 3 3 93 0 0 175
$327,000 1,474 6,500 - 8,000 sqft 3 1 94 1 0 94