Is Highland Hills, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Highland Hills is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Highland Hills has remained a Seller's Market.

Key Takeaway

Highland Hills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Highland Hills, NV

How much do homes in Highland Hills, NV cost?

Median Sold Price

$425,000

$254/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$10,000(+2.4%)

Key Takeaway

Homes in Highland Hills have sold for 2.4% more than they did a year ago.

Summary: The median home sold price in Highland Hills was $425,000 in September 2024, up 2.4% from last year, and the median price per square foot was $254.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $297.5K$322.5K
+8.4%
3 $396.5K$401K
+1.1%
4 $450K$449.5K
-0.1%
5+ $567.5K$502.5K
-11.5%

Summary: Highland Hills housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.4%, 3 bedroom homes increased by 1.1%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes decreased by 11.5%.

Housing Supply in Highland Hills, NV

How many homes are available in Highland Hills, NV?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
4840-16.7%

Summary: The Highland Hills real estate market had 40 homes for sale in September 2024, a 16.7% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 2022
+10.0%
4 2215
-31.8%
5+ 42
-50.0%

Summary: The Highland Hills housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 31.8%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
168-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Highland Hills, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 8 homes were sold or pending in Highland Hills in September 2024, down by 50.0% month-over-month. Of the 8 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for Highland Hills, NV

How long does it take to sell a home in Highland Hills, NV?

Average Sale Time

Sep 2023Sep 2024CHANGE
22 Days27 Days+23.8%

Summary: Homes in Highland Hills had an average of 27 days on market in Sep 2024, up by 23.8% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Highland Hills are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 8 homes were sold in Highland Hills; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated Sep 1, 2024

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