Is Harwood Heights, IL 60706 a buyer’s or seller’s market?
Harwood Heights is a seller’s market. With about 2.7 months of supply and 29% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 58% of U.S. ZIP codes, and #322 of 464 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Harwood Heights housing market right now
In the three months ending August 31, 2026, 29% of homes in Harwood Heights, IL 60706 sold above their list price, the typical home went under contract in 43 days and there were 2.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 71 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 32%, homes sold faster (45 days then) and the median sale price rose 9% to $434,812. Overall, Harwood Heights is about as competitive as it was a year ago.
Within Cook County, homes here sell faster than in 74% of the county’s ZIP codes, and sell less often over asking than in 89%. On our competition score, Harwood Heights ranks #322 of 464 IL ZIP codes with enough sales (score 57 out of 100).
Nearby, buyers who want less competition could look at Thornton 60476 (14% sold over asking) or Chicago 60604 (17% sold over asking), while Golf 60029 (100% sold over asking) and Berkeley 60163 (75% sold over asking) are even more competitive.
Run the numbers for 60706
Nearby markets
Alsip 60803Seller’s market $202 /sq ftArlington Heights 60004Seller’s market $280 /sq ftArlington Heights 60005Seller’s market $261 /sq ftBarrington 60010Seller’s market $255 /sq ft Browse all markets →Towns like Harwood Heights nearby
Find towns like Harwood Heights in other states →Where Harwood Heights is
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Questions about Harwood Heights real estate
Is Harwood Heights a buyer’s or seller’s market?
A seller’s market: there were 2.7 months of supply in Harwood Heights, IL 60706 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Harwood Heights?
The typical home went under contract in 43 days in the latest three months.
Do homes in Harwood Heights sell over asking?
29% of homes sold above their original list price, and the typical sale closed at 98.8% of the list price.
What are property taxes in Harwood Heights?
About 1.91% of a home’s value a year in Cook County, or roughly $7,640 on a $400,000 home.
What is the median home price in Harwood Heights?
The median sale price was $434,812 in the three months ending August 31, 2026, about $268 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology