Active Listings
2
⇩ 33.3% vs 3 last year
Population: 5,227 · Density: 2,636.4/mi² · Median household income: $105,282
Typical home value: $508,754 · Homeownership: 50.3%
Data as of January 2026. Source: Realtor.com.
The HIGHWOOD, IL real estate market (60040) currently shows 2 active listings, with 1 pending sales. Homes are averaging 132 days on the market before going under contract.
Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 132 days on market compared to 65 days last year.
The median listing price has risen 59.7% year-over-year, from $360,000 to $574,950.
Whether you are buying or selling in HIGHWOOD, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 60040 | Highwood, IL 60040 | 0.0 mi | 2 | $1,149,900 | $574,950 | $574,950 |
| 60045 | Lake Forest, IL 60045 | 3.7 mi | 62 | $187,589,866 | $1,950,000 | $3,025,643 |
| 60022 | Glencoe, IL 60022 | 5.4 mi | 24 | $66,807,480 | $2,847,000 | $2,783,645 |
| 60069 | Lincolnshire, IL 60069 | 5.8 mi | 27 | $28,051,488 | $774,000 | $1,038,944 |
| 60093 | Winnetka, IL 60093 | 7.7 mi | 33 | $73,996,197 | $1,575,000 | $2,242,309 |
| 60061 | Vernon Hills, IL 60061 | 7.8 mi | 63 | $35,273,889 | $475,000 | $559,903 |
| 60089 | Buffalo Grove, IL 60089 | 8.0 mi | 61 | $24,791,559 | $379,000 | $406,419 |
| 60025 | Glenview, IL 60025 | 9.1 mi | 79 | $69,381,592 | $489,900 | $878,248 |
| 60070 | Prospect Heights, IL 60070 | 9.2 mi | 34 | $11,828,566 | $249,500 | $347,899 |
| 60091 | Wilmette, IL 60091 | 10.0 mi | 38 | $54,351,400 | $1,022,000 | $1,430,300 |
| 60004 | Arlington Heights, IL 60004 | 10.7 mi | 56 | $39,411,960 | $574,950 | $703,785 |
| 60053 | Morton Grove, IL 60053 | 11.4 mi | 61 | $31,795,213 | $501,745 | $521,233 |
| 60047 | Lake Zurich, IL 60047 | 11.9 mi | 112 | $97,679,008 | $836,450 | $872,134 |
As of January 2026, there are 2 active listings in HIGHWOOD, IL (zip code 60040), compared to 3 the prior year.
The median listing price in HIGHWOOD, IL 60040 is $574,950 as of January 2026, a 59.7% increase from $360,000 the prior year.
Homes in HIGHWOOD, IL 60040 spend an average of 132 days on the market before going under contract, compared to 65 days the prior year.
Based on current inventory and days-on-market data as of January 2026, HIGHWOOD, IL 60040 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 132 days on market compared to 65 days last year.
With SELL123.com's maximum 3% commission, sellers in HIGHWOOD, IL 60040 save an estimated $11,499 compared to a typical 5% commission on the median listing price of $574,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.