Housing Prices in Highland Park, TX

How much do homes in Highland Park, TX cost?

Median List Price

$3,250,000

$806/sqft

Based on all homes listed in the last 12 months.

Difference Since August 2023

+$351,000(+12.1%)

Key Takeaway

The list price of homes in Highland Park has increased by 12.1% since last year.

Summary: The median home list price in Highland Park was $3,250,000 in August 2024, up 12.1% from the previous year, and the median price per square foot was $806.

Median List Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 -$4.9M
N/A
2 $1.2M$1.2M
+3.8%
3 $1.4M$1.9M
+31.1%
4 $2.8M$3.2M
+13.7%
5+ $5.9M$5.4M
-8.4%

Summary: Highland Park housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 31.1%, 4 bedroom homes increased by 13.7%, and 5+ bedroom homes decreased by 8.4%.

Median List Price Compared To Nearby Cities

Highland Park
+12.1%
University Park
+8.8%
Dallas
+5.8%
Northeast Dallas
+2.8%

Housing Supply in Highland Park, TX

How many homes are available in Highland Park, TX?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
6672+9.1%

Summary: The Highland Park real estate market had 72 homes for sale in August 2024, a 9.1% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 11
0.0%
2 34
+33.3%
3 911
+22.2%
4 2022
+10.0%
5+ 3334
+3.0%

Summary: The Highland Park housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 3%.

Days on Market for Highland Park, TX

How long does it take to sell a home in Highland Park, TX?

Average Listing Age

Aug 2023Aug 2024CHANGE
126 Days86 Days-31.8%

Summary: Homes in Highland Park had an average listing age of 86 days in Aug 2024, down by 31.8% compared to the previous year.

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

Report Updated 16 Days Ago

Newest Listings in Highland Park, TX

Nearby Markets to Highland Park, TX

What housing markets are near Highland Park, TX?