Fort Sheridan
Data as of February 2026. Source: Realtor.com.
The HIGHWOOD, IL real estate market (60040) currently shows 5 active listings, with 1 pending sales. Homes are averaging 81 days on the market before going under contract.
Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 81 days on market compared to 16 days last year.
The median listing price has fallen 11.9% year-over-year, from $525,000 to $462,500.
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 | 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 February 2026, there are 5 active listings in HIGHWOOD, IL (zip code 60040), compared to 4 the prior year.
The median listing price in HIGHWOOD, IL 60040 is $462,500 as of February 2026, a 11.9% decrease from $525,000 the prior year.
Homes in HIGHWOOD, IL 60040 spend an average of 81 days on the market before going under contract, compared to 16 days the prior year.
Based on current inventory and days-on-market data as of February 2026, HIGHWOOD, IL 60040 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 81 days on market compared to 16 days last year.
With SELL123.com's maximum 3% commission, sellers in HIGHWOOD, IL 60040 save an estimated $9,250 compared to a typical 5% commission on the median listing price of $462,500. 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.