Is now a good time to sell my house in Highland Park?

Usually when the sale fits your life rather than the headlines. Your next move, your finances and the state of the house matter more than the month.

The Highland Park numbers worth watching are time to contract, price cuts and what similar homes closed at, all of which a local agent or the public sale records can supply.

More in How Do I Know When It’s Time to Sell My House?

Should I sell my Highland Park house as-is or fix it up first?

It comes down to whether the repairs add more than they cost. Small, visible fixes usually do. Remodels usually do not.

Newer homes dominate Highland Park. Only one of the three homes in our sample were built in 1980 or earlier, so an older house stands out, and buyers will set it against move-in-ready neighbors. Older homes there also sell at a wider discount to new construction than the Illinois median, 11.0 percent against 26.7 percent.

More in Should I Sell My House As-Is or Fix It Up First?

What are the benefits of selling my Highland Park house off-market?

You skip the listing, the showings and the repairs, and you set the date.

  • Privacy. The house is never listed for sale, and there are no showings or open houses.
  • No preparation. No repairs, staging or deep cleaning before you sell.
  • Certainty on timing. You choose the closing date at the start, not after the inspection.
  • A simpler negotiation. One buyer and one conversation, from offer to closing.

What you give up is reach. A listing shows the house to every active buyer at once, which can lift the price in a strong market. Should I Sell My House Off-Market? sets out both sides.

How fast can I sell my house in Highland Park?

Off-market, on the date you choose, whether that is a few weeks out or a few months, once the title work and the documents Illinois requires are done.

A listed sale usually takes longer, because the house has to be prepared, shown and negotiated, and the buyer’s inspection, appraisal and loan approval can still undo the deal late in the process.

If you are relocating, read How Do I Sell My House Fast When I’m Moving for Work?

What does it cost to sell a house in Highland Park?

On a listed sale, commission is usually the largest cost, followed by transfer taxes, title and closing fees, and any repairs or credits after the buyer’s inspection. A private sale to Address District has no commission.

Federal tax on the gain may not apply at all. If you owned the house and lived in it as your main home for two of the last five years, the IRS lets you exclude up to $250,000 of gain, or $500,000 for a married couple filing jointly.

Line by line in How Much Does It Cost to Sell a House?

How does selling my Highland Park house off-market work?

In four steps, with no listing and no showings.

  1. Send us the address and a few details through the offer form, or get in touch.
  2. A person on our team looks at the house and recent sales nearby, and may ask for a walk-through.
  3. We send a written offer. You are under no obligation to accept it.
  4. If you do, the closing is handled by a title company or closing attorney, on your date.

Before you sign anything, we tell you in writing who the buyer is.

How does Highland Park compare with nearby neighborhoods?

Deerfield, 3 miles away, has one older home among the one we sampled. Glencoe, 4 miles away, counts 10 older homes among the 12 we sampled. Northbrook, 4 miles away, shows five older homes among the six we sampled. Highland Park ranks tied for 707th nationally for older homes, behind two of them.

Every neighborhood in the index has its own page, and the Illinois page lists all 32 in the state.

Do older homes in Highland Park sell for less than new construction?

In our sample, yes. The one older home in the 60035 sample sold for 11.0 percent of the average price of new construction in the same ZIP code. The Illinois median is 26.7 percent, and the index median is 23.1 percent. With one older home behind it, treat the figure as a rough guide.

The gap reflects size, lot and condition as much as age, so price an older house against recent sales of other older houses nearby, not against new construction.

Highland Park by the numbers

Older homes
1
of 3 homes sampled, built 1980 or earlier
Share of older homes
33.3%
Illinois 65.7%. Index 49.0%.
Older vs new
11.0%
Older home price as a share of new construction
National rank
#707 (tie)
of 1,192 ZIP codes
State rank
#22
of 32 in Illinois
Minimum lot
13,503 sq ft
As recorded in the source data

Of the three homes in the Address District sample for Highland Park (60035), one was built in 1980 or earlier, a share of 33.3 percent. That places 60035 tied for 707th of 1,192 ZIP codes nationally for the number of older homes, and tied for 22nd of 32 in Illinois.

Across the 32 Illinois ZIP codes in the index, 65.7 percent of the homes sampled were built in 1980 or earlier, against 49.0 percent across all 1,192 ZIP codes.

With three homes in the sample, read these figures as a snapshot of the homes sampled rather than a measure of the whole ZIP code.

How 60035 compares

Share of older homes

Homes in the sample built in 1980 or earlier

60035 Highland Park33.3%
Illinois65.7%
All ZIP codes in the index49.0%

Older home prices against new construction

Average older home price as a share of new construction

60035 Highland Park11.0%
Illinois median26.7%
Index median23.1%

Nearby neighborhoods in the index

ZIPPlaceDistanceRankShare
60015DeerfieldLake County, IL3 mi883100.0%
60022GlencoeCook County, IL4 mi7883.3%
60062NorthbrookCook County, IL4 mi21583.3%
60045Lake ForestLake County, IL5 mi45133.3%
60093WinnetkaCook County, IL6 mi20162.5%
60069LincolnshireLake County, IL6 mi550100.0%
60025GlenviewCook County, IL7 mi20162.5%
60043KenilworthCook County, IL8 mi550100.0%

The top of Illinois

State rankZIPPlaceHomesOlder homesShare
160091WilmetteCook County, IL1212100.0%
260022GlencoeCook County, IL121083.3%
260126ElmhurstDuPage County, IL121083.3%
460657LakeviewChicago, IL10880.0%
560618North Center / Roscoe VillageChicago, IL16743.8%
660521HinsdaleDuPage County, IL14642.9%
760614Lincoln ParkChicago, IL10660.0%
860025GlenviewCook County, IL8562.5%
860093WinnetkaCook County, IL8562.5%
1060622Wicker Park / Ukrainian VillageChicago, IL7571.4%

All 32 Illinois ZIP codes in the index ›

About the data. Older homes are homes built in 1980 or earlier. Rank orders ZIP codes by the number of older homes in the sample, then by the number of homes. Full methodology and the complete index. Nothing on this page is legal, tax or financial advice.