Real Estate Market Update for Highland Park, IL
Welcome to January's Market Update. Let’s take a look at residential real-estate activity in your area during the month of December. The number of active listings was down 1% from one year earlier, and down 13% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just over 720-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 96%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 470-thousand dollars. The number of units sold increased 56% year-over-year, and increased 39% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Highland Park, IL
Area Information for Highland Park, IL
  • Population: 29,891
  • Median Age: 46.56 yr
  • Median Commute Time: 29 mins
  • Educational Climate*: 4
  • Sales Tax: 8%
  • Population Density: 2,450/sq mi
  • Population Change Since 2000: -5.12%
  • Closest Airport: Chicago O'hare International
  • Closest College: Lake Forest College
  • Closest Jr. College: Worsham College-mortuary Science
  • Median Household Income: $117,960
  • Annual Residential Turnover: 9%
  • Median Home Sales Price: $475,000
  • Closest Major Sports Team: Chicago Cubs
  • Change Avg. Household Income Since 2000: 15.19%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Highland Park, IL
Median Age: 46.56 Married: 52% Number of Households: 11,501 Households with Children: 3,776
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Highland Park, IL

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Highland Park High School 0.6 mi Public 9-12 4-5 4
      Indian Trail Elementary School 0.7 mi Public K-5 4 5
      Green Bay School 0.7 mi Public PRESCHOOL-PRESCHOOL 0 0
      Northwood Jr High School 0.8 mi Public 6-8 3 4
      Elm Place School 0.8 mi Public 6-8 4 4
      Wayne Thomas Elementary School 1.0 mi Public K-5 3-5 4
      G K Chesterton Academy Of Chicago 1.2 mi Private -9 0 0
      Lincoln Elementary School 1.6 mi Public K-5 4-5 0
      Montessori Connection 1.8 mi Private PRESCHOOL-K 0 0
      Edgewood Middle School 2.2 mi Public 6-8 4-5 4
      Early Childhood Innovative Learn 2.2 mi Public PRESCHOOL-PRESCHOOL 0 0
      North Shore Academy 2.2 mi Public 6-12 0 3
      North Shore Academy Elementary 2.2 mi Public K-6 0 4
      Red Oak Elementary School 2.3 mi Public K-5 4-5 5
      Allendale Rhonda Alter 2.3 mi Private 9-12 0 0
      Sherwood Elementary School 2.3 mi Public K-5 3-5 5
      Highland Park Montessori 2.6 mi Private PRESCHOOL-K 0 0
      Ravinia Elementary School 2.6 mi Public K-5 4 4
      Braeside Elementary School 3.5 mi Public K-5 3-5 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: and Onboard Informatics © 2015
      Local Weather for Highland Park, IL
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.