Market Overview
Home Prices in Highland, IN
The median home value in Highland, IN is $270,590 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2% compared to a year ago and up 1.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Highland are priced34% below average. Highland is part of the Chicago-Naperville-Elgin, IL-IN-WI metro area.
Over the past five years, Highland home values have risen by approximately24.6%, reflecting strong long-term appreciation in this market.
Price History
Highland Home Price Trend
City Comparison
Highland vs. National Median
At $270,590, homes in Highland cost 34% below the national median of $410,000. This makes Highland a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Highland?
20% Down Payment
$54,118
on $270,590
Monthly P&I
$1,411/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,792/mo
incl. taxes & insurance
Income Needed
$71,680
gross annual (30% rule)
10% Down Option
$27,059
+ PMI applies
Loan Amount (20% dn)
$216,472
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Highland, IN?
The median home value in Highland is $270,590 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2% year-over-year.
How much have home prices changed in Highland?
Over the past year, home values in Highland have increased by 2%. Over five years, prices have risen approximately 24.6%.
How much do I need to earn to buy a home in Highland?
To comfortably afford the median home price of $270,590 with a 20% down payment ($54,118) at today's rates (6.8%), you'd need a gross annual income of approximately $71,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Highland compare to the national average home price?
The national median home value is approximately $410,000. At $270,590, homes in Highland are 34% below the national average.
What metro area is Highland part of?
Highland is part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.