Zip 60040 (Highwood, IL) Housing

The housing in 60040 Highwood, IL is a great investment opportunity for potential buyers. The median house value in the area is $353,400 -- slightly higher than the US median house value of $338,100. Additionally, the one year house appreciation rate in Highwood is 8.83%, much higher than the US appreciation rate of 8.27%. With these factors, we can see that Highwood is a great place for real estate investments and potential buyers should look into buying properties there.

The median home cost in Highwood (zip 60040) is $353,400. Home appreciation the last 10 years has been 54.6%. Home Appreciation in Highwood (zip 60040) is up 14.5%.

Average Age of Homes

- The median age of Highwood (zip 60040) real estate is 70 years old

The Rental Market in Highwood (zip 60040)

- Renters make up 52.8% of the Highwood (zip 60040) population
- 1.2% of houses and apartments in Highwood (zip 60040), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Highwood, Illinois	United States
	2,065.0	139,647,020.0
	67	42
	$353,400	$338,100
	14.5%	16.6%
	31.8%	57.0%
	54.6%	101.1%
	$28.77	$10.98
	$7,927	$2,690
	43.1%	57.4%
	4.4%	11.2%
	52.5%	31.4%
Vacant Housing
	1.2%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	1.2%	3.6%
	2.0%	4.1%
Value of Owner-Occupied Housing
	1.1%	2.6%
	0.1%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.0%	11.3%
	9.3%	13.0%
	16.2%	20.1%
	33.4%	13.6%
	5.7%	8.3%
	27.1%	9.7%
	6.2%	3.9%
	0.9%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.6%	13.6%
	6.6%	13.6%
	11.1%	13.6%
	7.2%	13.2%
	11.6%	14.8%
	11.1%	13.6%
	11.1%	10.0%
	5.4%	4.7%
	40.1%	12.2%

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