60040 Home Values & Market Trends

There are 24 homes currently listed for 60040. 60040 real estate market trends show that home prices range from $215,000 to $775,000, and the median sales price in the 60040 zip code is $699,000. The total number of properties sold within the past twelve months is 42. In 60040, 1 properties are in foreclosure, 0 are bank owned properties,and 0 are headed for auction.

60040 Real Estate Market Overview

CityMedian Est. Value
Highwood

$ 699,000

$ 338/sqft

Housing Market Summary for 60040

Sep 2025September 2026Change
Median Listing Price$525K$499.9K-4.78%
Median Sold Price$558.3K$574.4K2.89%
Homes For Sale2323-
Homes Sold172652.94%
Price
$/Sqft
Homes For Sale
0
0

Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

0
0

Browse Homes in 60040

The median list price of a home in Highwood, is $699,000. A total of 24 properties are for sale, and the percentage of properties for sale in the zip code is 24.00%. The total count of 60040 properties is 51.

Foreclosure
There is 1 cities within 60040; within this cities, the median estimated home value for homes in foreclosure ranges from $1,160,732 in highwood to the lowest value of $1,160,732 in highwood. Foreclosure homes account for 1.00% of properties in 60040 with highwood containing 1 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 1.96% of all residential properties in 60040 with highwood containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 60040; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,160,732 in highwood to the lowest home value of $1,160,732 in highwood.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 60040 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 60040. There is 1 cities within 60040; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 60040. Auction homes and other auction properties account for 0% of all properties in 60040. There is 1 cities within 60040; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 47.06% of residential properties in 60040 with highwood containing 24 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 60040; homes for sale in that cities, have a range of median values from $1,318,424 in highwood to the lowest value of $346,669 in highwood.
    Sold Homes
    The median value for recently sold homes ranges from $1,192,414 in highwood to the lowest price of $272,195 in highwood. There is 1 cities within 60040. highwood has 25 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 49.02% of properties in 60040.

      Compare Nearby Zip Codes

      Price
      $/Sqft
      Homes For Sale
      0
      0
      60040
      $
      $

      Guide for 60040

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.