Is Highland Hills, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Highland Hills was a Seller's Market.
Housing Prices in Highland Hills, TX
How much do homes in Highland Hills, TX cost?
Median Sold Price
$179,900
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Highland Hills was $179,900 in May 2024, down 2.8% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $106K | $91K | -14.2% |
2 Bedrooms | $125.5K | $125K | -0.4% |
3 Bedrooms | $184.6K | $195.5K | +5.9% |
4 Bedrooms | $205K | $214K | +4.4% |
5+ Bedrooms | $275K | - | N/A |
Summary: Highland Hills housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.2%, 2 bedroom homes decreased by 0.4%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Highland Hills | $185K | $179.9K | -2.8% |
Pecan Valley | $240.9K | $231.9K | -3.7% |
Housing Supply in Highland Hills, TX
How many homes are available in Highland Hills, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
63 | 67 | +6.3% |
Summary: The Highland Hills real estate market had 67 homes for sale in May 2024, a 6.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 10 | 13 | +30.0% |
3 Bedrooms | 40 | 39 | -2.5% |
4 Bedrooms | 11 | 12 | +9.1% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Highland Hills housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 30%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
11 | 8 | -27.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Highland Hills in May 2024, down by 27.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Highland Hills, TX
How long does it take to sell a home in Highland Hills, TX?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
60 Days | 47 Days | -22.1% |
Summary: Homes in Highland Hills had an average of 47 days on market in May 2024, down by 22.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in Highland Hills; 38% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.