Highwood, IL housing market
The typical Highwood home is worth about $500,000, up 11.2% in a year, 68% above the Illinois typical home.
Home values, sales, trends and how Highwood compares with the towns next door — updated as new data is published.
Highwood at a glance
Only 3 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Highwood | Illinois |
|---|---|---|
| 2017 | $318,000 | $181,000 |
| 2018 | $319,000 | $190,000 |
| 2019 | $314,000 | $195,000 |
| 2020 | $309,000 | $200,000 |
| 2021 | $329,000 | $215,000 |
| 2022 | $355,000 | $236,000 |
| 2023 | $382,000 | $248,000 |
| 2024 | $421,000 | $263,000 |
| 2025 | $446,000 | $278,000 |
| 2026 | $475,000 | $290,000 |
| August 2026 | $500,000 | $298,000 |
Highwood and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Highwood | $500K | +11.2% | — | $107,875 |
| Highland Park | $808K | +9.2% | 31 | $168,094 |
| Lake Forest | $1.25M | +10.8% | 49 | $235,081 |
4.6 years of income
The typical Highwood home costs about 4.6 years of the town's median household income, more than across Illinois (3.6 years).
How Highwood ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.