Highwood home prices fall in January 2020

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The median sale price of a home sold in January 2020 in Highwood fell by $134,000 while total sales increased by 50%, according to BlockShopper.com.

In January 2020, there were three homes sold, with a median sale price of $75,000 - a 64.1% decrease over the $209,000 median sale price for the same period of the previous year. There were two homes sold in Highwood in January 2019.

The median sales tax in Highwood for the most recent year with available data, 2017, was $6,966, approximately 9.3% of the median home sale price for January 2020.

The following table compares Highwood to other Lake County cities with similar median sales prices in January 2020:

CityJan. 2020 Home SalesJan. 2019 Home Sales% change (Total Home Sales)Jan. 2020 Median Sales PriceJan. 2019 Median Sales Price% change (Median Sales Price)
North Chicago611-45.5%$155,000$90,00072.2%
Round Lake Park24-50%$150,750$174,000-13.4%
Round Lake Heights51400%$147,100$170,000-13.5%
Round Lake Beach3133-6.1%$145,000$130,00011.5%
Waukegan4749-4.1%$140,000$126,00011.1%
Cary20-$135,500$0-
Hainesville550%$135,000$178,500-24.4%
Venetian Village20-$117,500$0-
Zion29277.4%$115,000$130,000-11.5%
Highwood3250%$75,000$209,000-64.1%
Lotus Woods10-$53,000$0-

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