Highwood's October First-Time Homebuyer Report

Highwood has a much older population than other areas in Illinois with a median age of 32 years. It is also very affluent with a median income of $65,494 per household. The Highwood market is primarily made up of detached houses, which currently account for 86% of the homes for sale in the area. The best school in the city is Oak Terrace Elementary School.

Price Range

The median value of homes in Highwood is $241,000, making it one of the most valuable areas in Illinois. At the same time, the average list price of available homes is presently $490,702.

Wonder which homes are generating the most buzz? Here are the most viewed listings in Highwood:

$299K   $300K   $315K  

Typical Dwelling

The typical dwelling in Highwood is a three-bedroom detached home worth about $391,941. To purchase a similar home, a buyer with good credit and a $78,388 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,451 monthly payment. The property tax rate is $19.95 per $1,000 of taxable assessed value.

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

Data reported through 10/13/2016


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