Housing in Highland Park, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$799,000
Median List Price
$780,000
Price Per Sq Ft
$293
Days on Market
56
Active Inventory
64
Months of Supply
2.6
Seller's market
Zillow Home Value
$725,785
ZHVI — January 2026
Zillow Rent Index
$3,068
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
48.0%
Off Market in 2 Weeks
52.9%
Sale-to-List Ratio
101.4%
Seller's market
Market Activity
Source: RedfinHomes Sold
25
New Listings
42
Pending Sales
34
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$293
Median List $/SF
$334
Highland Park vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 residents. Highland Park is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$594,400
Median Rent
$1,903
Total Housing Units
12,372
Vacancy Rate
4.9%
Owner Occupied
83.7%
Renter Occupied
16.3%
Median Property Tax
$10,001
per year
Monthly Cost (w/ Mortgage)
$2,881
Housing Types
The current median sale price in Highland Park, IL is $799,000 according to Redfin data. Homes spend a median of 56 days on the market. 48.0% of homes sold above asking price. The market has 2.6 months of supply. The median price per square foot is $293. Zillow's observed rent index is $3,068/month. About 83.7% of housing units are owner-occupied. The median year homes were built is 1962. There are 12,372 total housing units.