Is Highland, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Highland has remained a Seller's Market.
Housing Prices in Highland, NY
How much do homes in Highland, NY cost?
Median Sold Price
$381,500
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Highland was $381,500 in March 2024, up 8.7% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $323K | - | N/A |
2 Bedrooms | $264.7K | $280K | +5.8% |
3 Bedrooms | $372.5K | $405.5K | +8.9% |
4 Bedrooms | $421.5K | $479.5K | +13.8% |
5+ Bedrooms | $379.5K | $482.5K | +27.2% |
Summary: Highland housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes increased by 27.2%.
Median Sold Price Compared To Nearby Cities
Highland | $351K | $381.5K | +8.7% |
Lloyd | $351K | $343.5K | -2.1% |
Housing Supply in Highland, NY
How many homes are available in Highland, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
38 | 49 | +28.9% |
Summary: The Highland real estate market had 49 homes for sale in March 2024, a 28.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 10 | 12 | +20.0% |
3 Bedrooms | 14 | 20 | +42.9% |
4 Bedrooms | 11 | 13 | +18.2% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Highland housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 42.9%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 10 | +150.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Highland in March 2024, up by 150.0% month-over-month. Of the 10 sold homes, 50% were sold under asking, 10% were sold at asking, and 40% were sold over asking.
Days on Market for Highland, NY
How long does it take to sell a home in Highland, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
112 Days | 60 Days | -46.5% |
Summary: Homes in Highland had an average of 60 days on market in Mar 2024, down by 46.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 10 homes were sold in Highland; 10% of homes were sold within 30 days, 70% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.