Highwood, IL is an affluent community located in the North Shore of Chicago. The housing median value in the area is impressive, sitting at $374,400 according to recent statistics. This is significantly higher than the US's house median value of $338,100. Additionally, Highwood has seen a greater appreciation rate over the past year, with an 8.83% increase compared to the national average of 8.27%. As such, it's no surprise that housing in Highwood continues to be highly sought-after by potential buyers.
The median home cost in Highwood is $374,400. Home appreciation the last 10 years has been 54.6%. Home Appreciation in Highwood is up 14.5%.
Average Age of Homes
- The median age of Highwood real estate is 70 years old
The Rental Market in Highwood
- Renters make up 52.8% of the Highwood population
- 1.2% of houses and apartments in Highwood, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.