Highland Park Real Estate Market Hits Home Sales Low Point

Hitting a record low dating back to April, 37 homes were sold in the Highland Park market over the last 30 days. This represents a 2.6% decrease and comes on top of a seven-week steady downturn in sales activity. During the same time frame, Buffalo Grove had the most of any other neighboring municipalities with 71 sales. Furthermore, a three-week upward trend in new listings is expected to come to an end over the coming weeks. Prices are falling in Highland Park, and this period the median price of all sales fell from $540,750 to $532,500. A downturn in sales, coupled with the availability of 10 months of inventory, prove that Highland Park is a definite buyer's market.

If you are curious about inexpensive homes in Highland Park, start off by checking out these great listings:

$172K   $187K   $199K  

Get started right now by checking out Highland Park homes for sale or reviewing Highland Park real estate trends.

Demographic facts for Highland Park:

  • This area has a population growth rating of 66. (Scale: 1 = Worst, 100 = Best)
  • The area's number of physicians is 319.6 per 100,000 people.
  • The area's health cost index score is 106.0. (100 = national average)
  • Residents who travel to work by car account for 67.9% of all commuters, while carpools account for 8.4%, and public transit makes up 11.8%.

Data reported through 10/12/2016


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