House Prices

House Prices & Home Values Highwood, IL 2026


Average Data

average house price$896,362
average size per house3151 ft²
average price per ft²285 $ / ft²

04/21/2026 - The value range (VR) for house prices in Highwood, IL is $227/ sqft to $227/ sqft. An average home with 3151 sqft costs approximately $715,277 to $715,277. Highwood, IL includes 1 ZIP codes and it is located in Lake county. The lowest prices are found in ZIP 60040, while the highest are in ZIP 60040. The average price per sqare feet is $285. Our analysis is based on 16 property listings.

Avergage prices by ZIP codes Highwood

60040232 $ / ft²




Historical development of home values in Highwood

Year Estimated value (USD) Change vs. 2025
2010 $416,287 -53.6%
2011 $400,189 -55.4%
2012 $399,111 -55.5%
2013 $414,029 -53.8%
2014 $434,616 -51.5%
2015 $456,923 -49.0%
2016 $480,768 -46.4%
2017 $506,717 -43.5%
2018 $534,731 -40.3%
2019 $559,526 -37.6%
2020 $588,450 -34.4%
2021 $669,299 -25.3%
2022 $780,252 -13.0%
2023 $822,812 -8.2%
2024 $870,413 -2.9%
2025 $896,362 0.0%

Graph: estimated home values in Highwood over time (USD)



Example: 100% financing house in Highwood

Loan amount: $896,362

Interest rate: 6.00%

Fixed monthly payment: $5,374.14

Breakdown in the 1st month:
Interest portion: $4,481.81  –  Principal portion: $892.33

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $53,482.29 $11,007.43 $885,354.57
2 $52,803.37 $11,686.34 $873,668.23
3 $52,082.58 $12,407.13 $861,261.09
4 $51,317.34 $13,172.38 $848,088.71
5 $50,504.90 $13,984.82 $834,103.89
6 $49,642.34 $14,847.37 $819,256.52
7 $48,726.59 $15,763.13 $803,493.39
8 $47,754.35 $16,735.36 $786,758.03
9 $46,722.15 $17,767.56 $768,990.47
10 $45,626.29 $18,863.43 $750,127.04
11 $44,462.83 $20,026.88 $730,100.16
12 $43,227.62 $21,262.10 $708,838.06
13 $41,916.22 $22,573.50 $686,264.56
14 $40,523.94 $23,965.78 $662,298.78
15 $39,045.78 $25,443.94 $636,854.84
16 $37,476.45 $27,013.26 $609,841.58
17 $35,810.33 $28,679.38 $581,162.20
18 $34,041.45 $30,448.26 $550,713.93
19 $32,163.47 $32,326.25 $518,387.68
20 $30,169.66 $34,320.06 $484,067.63
21 $28,052.87 $36,436.85 $447,630.78
22 $25,805.53 $38,684.19 $408,946.59
23 $23,419.57 $41,070.15 $367,876.44
24 $20,886.45 $43,603.26 $324,273.18
25 $18,197.10 $46,292.62 $277,980.56
26 $15,341.87 $49,147.84 $228,832.72
27 $12,310.54 $52,179.18 $176,653.54
28 $9,092.24 $55,397.47 $121,256.07
29 $5,675.45 $58,814.27 $62,441.80
30 $2,047.91 $62,441.80 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Highwood, IL


1500 sqft3900 sqft
Ø selling price$517,276$1,100,385
Ø fast selling$470,251$990,347
Ø high price sale$564,300$1,210,424

In 2026, houses in Highwood, IL will be offered at an average price of $285 per square foot. A 1,500 sqft home priced at $517,276 is 23.51% more expensive per square foot than a 3,900 sqft home priced at $1,100,385. Home prices in Highwood, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $761,806. Sellers who can wait longer may achieve a higher price of up to $931,096.

FAQ – Home Values in Highwood

What is the median home value in Highwood in 2026?

In 2026, the typical home value in Highwood is about $896,362 for an average home size of 3151 square feet. This corresponds to an average price of roughly $285 per square foot.

What is the average cost per square foot in Highwood?

In 2026, homes in Highwood sell for an average of around $285 per square foot, with a typical range between $227 and $227 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Highwood is about 3151 square feet, with an estimated 2026 value around $896,362.



Locations close to Highwood, IL

Ingleside, IL133 $ / ft²
Island Lake, IL122 $ / ft²
Kenilworth, IL452 $ / ft²
Highland Park, IL238 $ / ft²
Hebron, IL142 $ / ft²
Harvard, IL147 $ / ft²
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