Home prices
The median home in Highwood is valued at $354,800. It is roughly $371,520 (51%) lower in comparison to its nearby areas.Compared to the entire country it is approximately $137,300 (63%) higher, and is about $96,800 (37%) higher compared to the city of Chicago.
Rents
The median rent in Highwood is $1,287 a month. It is approximately $526 (29%) lower compared to the surrounding areas.It is approximately $225 (21%) higher in comparison to the rest of the nation, and in comparison to the city of Chicago is roughly $175 (15%) higher.
Nearby places
Highland Park
Highland Park is Highwood's neighbor to the south. The housing prices there are significantly more expensive. The cost of the median home in Highland Park is $584,500, which works out to $229,700 (39%) higher than Highwood. Rent there is a little more expensive. The median monthly rent in Highland Park is $1,754, which is $467 (26%) higher than Highwood.
Bannockburn
Bannockburn is about 2 miles west of Highwood. The real estate prices there are a lot more expensive. The median home price in Bannockburn is $971,200, which is $616,400 (63%) higher than Highwood. Rent there is somewhat less expensive. Bannockburn's median monthly rent is $1,065, which is $222 (20%) lower than Highwood.
Lake Forest
Lake Forest is roughly 2 miles northwest of Highwood. Its housing prices are a lot more expensive. The median home price in Lake Forest is $842,900, which is $488,100 (57%) higher than Highwood. The rent there is a bit more expensive. The median rent in Lake Forest is $1,831 per month, which comes out to $544 (29%) higher than Highwood.
Deerfield
Deerfield is approximately 3 miles southwest from Highwood. Housing prices there are somewhat more expensive. The median home cost in Deerfield is $518,500, which comes out to $163,700 (31%) higher than Highwood. Rents there are a little more expensive. In Deerfield the median rent is $1,875 per month, which is $588 (31%) higher than Highwood.
Riverwoods
Riverwoods is about 4 miles southwest of Highwood. The housing prices there are significantly more expensive. The median home in Riverwoods is valued at $714,500, which comes out to $359,700 (50%) higher than Highwood. Rent there is substantially more expensive. In Riverwoods the median monthly rent is $2,539, which comes out to $1,252 (49%) higher than Highwood.