Fort Sheridan
Data as of July 2026. Source: Realtor.com.
The HIGHWOOD, IL real estate market (60040) currently shows 6 active listings, with 3 pending sales. Homes are averaging 54 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 selling faster, averaging 54 days on market compared to 62 days last year.
The median listing price has risen 23.8% year-over-year, from $531,175 to $657,500.
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.
Population: 5,227 · Density: 2,636.4/mi² · Median household income: $105,282
Typical home value: $508,754 · Homeownership: 50.3%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 60040 | Highwood, IL 60040 | 0.0 mi | 5 | $2,688,835 | $462,500 | $537,767 |
| 60045 | Lake Forest, IL 60045 | 3.7 mi | 66 | $185,495,310 | $1,949,375 | $2,810,535 |
| 60022 | Glencoe, IL 60022 | 5.4 mi | 29 | $84,800,988 | $2,907,250 | $2,924,172 |
| 60069 | Lincolnshire, IL 60069 | 5.8 mi | 27 | $26,833,599 | $749,450 | $993,837 |
| 60093 | Winnetka, IL 60093 | 7.7 mi | 41 | $108,287,847 | $2,145,000 | $2,641,167 |
| 60061 | Vernon Hills, IL 60061 | 7.8 mi | 62 | $34,048,292 | $455,000 | $549,166 |
| 60089 | Buffalo Grove, IL 60089 | 8.0 mi | 69 | $26,585,700 | $348,750 | $385,300 |
| 60025 | Glenview, IL 60025 | 9.1 mi | 79 | $79,191,733 | $597,475 | $1,002,427 |
| 60070 | Prospect Heights, IL 60070 | 9.2 mi | 34 | $11,799,564 | $222,500 | $347,046 |
| 60091 | Wilmette, IL 60091 | 10.0 mi | 54 | $85,218,210 | $1,167,500 | $1,578,115 |
| 60004 | Arlington Heights, IL 60004 | 10.7 mi | 79 | $47,048,450 | $535,700 | $595,550 |
| 60053 | Morton Grove, IL 60053 | 11.4 mi | 65 | $33,220,265 | $479,900 | $511,081 |
| 60047 | Lake Zurich, IL 60047 | 11.9 mi | 126 | $112,419,720 | $829,925 | $892,220 |
As of July 2026, there are 6 active listings in HIGHWOOD, IL (zip code 60040), compared to 7 the prior year.
The median listing price in HIGHWOOD, IL 60040 is $657,500 as of July 2026, a 23.8% increase from $531,175 the prior year.
Homes in HIGHWOOD, IL 60040 spend an average of 54 days on the market before going under contract, compared to 62 days the prior year.
Based on current inventory and days-on-market data as of July 2026, HIGHWOOD, IL 60040 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 54 days on market compared to 62 days last year.
With SELL123.com's maximum 3% commission, sellers in HIGHWOOD, IL 60040 save an estimated $13,150 compared to a typical 5% commission on the median listing price of $657,500. 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.