Highwood, IL
Full City Profile · Illinois · Lake County County
3.4
/5.0
B
Good
5,243
Population
7,282/sq mi density
$101,862
Median Income
$47,680 per capita
$454,500
Home Value
$461,197 Zillow
$1,800
Median Rent
31.2% income on rent
50°F
Avg Temperature
260 sunny days/yr
38
Violent Crime/100K
657 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$101,862 median income, 4.3% unemployment
A
Affordability
4.2 / 5.0
$454,500 home value, $1,800/mo rent
F
Safety
1.0 / 5.0
38 violent crimes/100K
A
Education
4.0 / 5.0
38.1% bachelor's degree or higher
Housing Overview
Median Home Value
$454,500
61% above
US avg: $281,900
Median Rent
$1,800/mo
55% above
US avg: $1,163/mo
Homeownership Rate
49.0%
25% below US avg (65.4%)
Total Housing Units
1,989
Median year built: 1959
Home Value by Source
Census Median
$454,500
Zillow (ZHVI)
$461,197
Median Sale Price
$542,500
Median List Price
$600,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
49.0%
Owner-Occupied
51.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent:
$1,800/mo
· Zillow rent:
$2,240/mo
Market Indicators (Redfin)
Median Days on Market
22 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
28.6%
of listings with price reduction
Price Per Sq Ft
$284
Active Inventory
7
homes for sale
Affordability & Housing Stock
Rent Burden
31.2%
of renters spending 30%+ of income on housing
1% above US avg (31.0%)
Median Year Built
1959
Average age of housing stock: 67 years
Homeownership Rate
49.0%
Complete Housing Data
Home Values
| Census Median Value | $454,500 |
| Zillow Home Value (ZHVI) | $461,197 |
| Median Sale Price | $542,500 |
| Median List Price | $600,000 |
| Price Per Sq Ft | $284 |
Rent
| Census Median Rent | $1,800 |
| Zillow Rent (ZORI) | $2,240 |
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
| Days on Market | 22 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 28.6% |
| Homes Sold | 2 |
| Active Inventory | 7 |
| Price Per Sq Ft | $284 |
Ownership & Stock
| Owner-Occupied | 49.0% |
| Renter-Occupied | 51.0% |
| Homeownership Rate | 49.0% |
| Total Housing Units | 1,989 |
| Median Year Built | 1959 |
| Rent Burden | 31.2% |
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