Highland, IL Home Values & Market Trends
Real estate market trends reflect that there have been 269 transactions over the past year in Highland. The median value for residential home transactions that occurred over the previous year is $226,431. The number of current listings in Highland is 24, and the percentage of properties for sale in the city is 24.00%. Highland, IL currently has 15 properties in foreclosure, 0 bank owned properties, 2 properties headed for auction, and 24 properties for sale.
Highland, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 62249 | $ 272,692 $ 128/sqft |
Housing Market Summary for Highland, IL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $205K | $215.5K | 5.10% |
| Median Sold Price | $209.9K | $215.5K | 2.63% |
| Homes For Sale | 11 | 12 | 9.09% |
| Homes Sold | 149 | 115 | -22.82% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Highland, IL
Browse Homes in Highland, IL
Highland home values range from $20,462 to $2,199,000. The median estimated value of a home in Highland is $226,431. The median list price of a home is 289,450, and the total count of properties in the city is 5,590.
- Pre-ForeclosurePre-foreclosure homes account for 0.23% of all residential properties in Highland, IL with 62249 containing 13 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Highland, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $309,069 in 62249 to the lowest home value of $108,800 in 62249.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Highland, IL ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Highland, IL. There is 1 zips within Highland, IL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions62249 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Highland, IL. Auction homes and other auction properties account for 0.04% of all properties in Highland, IL. There is 1 zips within Highland, IL; of that zips, the median estimated home value for homes going to auction ranges from $302,086 in 62249 to the lowest value of $251,713 in 62249.
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