Highwood, Illinois, Real Estate

Highwood is located in Lake County, Illinois, a village in the northern suburbs of Chicago, Illinois. According to the 2010 census it had a population of 5,405 people.

Highwood currently has 11 single family homes with an average list price of $457,464, 8 condos/townhomes with an average list price of $359,063, and 3 multi-unit homes with an average list price of $231,917. The average annual property tax for Highwood is $8,709.

Current Homes for Sale

Lots/Land for Sale in Highwood Lots /
Land 0 no homes
Short Sales in Highwood Short
Sales 0 no homes
Adult Community Homes for Sale in Highwood Adult
Communities 0 no homes

Schools

School District Grade Level Grades
Oak Terrace Elementary School 112 Elementary K-5
Wayne Thomas Elementary School 112 Elementary K-5
Northwood Junior High School 112 Middle 6-8
Highland Park High School 113 High 9-12

What's Hot & What Not

absorption_rate

Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Highwood, i.e. what's hot and what's not.

See What's Hot & What's Not in Highwood

Buildings/Subdivisions

Buildings/Subdivisions Median Price
430 Lakeview 430 Lakeview
430 Lakeview is a condo building built in 1980. 430 Lakeview is located in Highwood, Illinois east of Sheridan Road and north of Walker Avenue. 		$146,000
No Photos 500 Lakeview
500 Lakeview is a 12 unit condo building built in 1988. 500 Lakeview is located in Highwood, Illinois east of Sheridan Road and north of Walker Avenue. Read more 		$193,625
No Photos Fort Sheridan
Single family and attached homes built in the late 1990s and early 2000s and located in Highwood just east of Sheridan Road and north of 1st Street. 		$542,000

Metra Stations

Station Line Address
Fort Sheridan Union Pacific / North Line (UP-N) 461 W. Old Elm Road View commute
Highwood Union Pacific / North Line (UP-N) 317 Green Bay Rd. View commute

Recent Sales

Date Address Beds Baths Sq. Ft. Year Subdivision Sold
46 Prairie Ave., Highwood, IL 60040 Oct 15, 2018 46 Prairie Ave. 2 2 1,657 ft2 1 1953 $260,000
3 Burtis Ave., Highwood, IL 60040 Oct 9, 2018 3 Burtis Ave. 2 1.1 864 ft2 2 1920 $250,000
102 S. Central Ave., Highwood, IL 60040 Sep 28, 2018 102 S. Central Ave. 3 1.1 1,530 ft2 1 1929 $270,000
308 Washington Ave., Highwood, IL 60040 Sep 28, 2018 308 Washington Ave. 6 4 — 4 1930 $450,000
104 Elm Ave., Highwood, IL 60040 Sep 27, 2018 104 Elm Ave. 3 3.1 1,995 ft2 2.5 1918 $415,000
530 Lockard Ln., Highwood, IL 60040 Sep 27, 2018 530 Lockard Ln. 3 2 1,600 ft2 2 1941 $284,000
170 Janes Loop, Highwood, IL 60040 Sep 26, 2018 170 Janes Loop 3 2.1 2,780 ft2 2 2003 Fort Sheridan $715,000
116 High St., Highwood, IL 60040 Sep 10, 2018 116 High St. 2 2 1,050 ft2 1 1923 $250,000
217 Western Ave., Highwood, IL 60040 Sep 7, 2018 217 Western Ave. 6 3 — 2 1928 $315,500
36 S. Central Ave., Highwood, IL 60040 Aug 31, 2018 36 S. Central Ave. 2 2 1,068 ft2 1 1928 $300,000
View Entire Sale History
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Market Trends

Highwood home sales for the month of September rose in volume by 66.7% when compared to last year, while the median sale price decreased by 10.7% from $318,000 to $284,000. The number of Single Family homes sales rose by 66.7%, while the median sale price decreased by 10.7% from $318,000 to $284,000.

41
23
34
27
2014 2015 2016 2017
# of sales per year
$256,000
$318,000
$422,750
$357,500
2014 2015 2016 2017
median sale price per year

Median Sale Price for

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Number of Sales for

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Real Estate Sales for September in

September Year to Date (Jan 1 - October 16)
2017 2018 % Change 2017 2018 % Change
Homes Sold 3 5 +66.7% 20 25 +25%
(Single Family) 3 5 +66.7% 14 19 +35.7%
(Condos/Townhomes) 0 0 - 6 6 0%
Median Sale Price $318,000 $284,000 -10.7% $398,750 $362,000 -9.2%
(Single Family) $318,000 $284,000 -10.7% $411,500 $312,000 -24.2%
(Condos/Townhomes) $0 $0 - $316,250 $467,500 +47.8%
Days on Market 48 70 +45.8% 30 44 +49.2%
(Single Family) 48 70 +45.8% 26 69 +170.6%
(Condos/Townhomes) 0 0 - 33 4 -89.4%