Is Highlands, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Highlands was a Seller's Market.
Housing Prices in Highlands, TX
How much do homes in Highlands, TX cost?
Median Sold Price
$231,625
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Highlands was $231,625 in April 2024, down 1.4% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $182.5K | $199.9K | +9.6% |
3 Bedrooms | $235K | $228.5K | -2.8% |
4 Bedrooms | $251.2K | $248.9K | -0.9% |
5+ Bedrooms | $397.5K | $419.8K | +5.6% |
Summary: Highlands housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.6%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes increased by 5.6%.
Median Sold Price Compared To Nearby Cities
Channelview | $218K | $235K | +7.8% |
Baytown | $255K | $272.3K | +6.8% |
Crosby | $278.3K | $278.2K | 0% |
Highlands | $235K | $231.6K | -1.4% |
Northeast Harris | $274.9K | $269.8K | -1.8% |
Housing Supply in Highlands, TX
How many homes are available in Highlands, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
40 | 39 | -2.5% |
Summary: The Highlands real estate market had 39 homes for sale in April 2024, a 2.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 2 | -33.3% |
3 Bedrooms | 20 | 21 | +5.0% |
4 Bedrooms | 13 | 15 | +15.4% |
5+ Bedrooms | 4 | 1 | -75.0% |
Summary: The Highlands housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes decreased by 75%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 6 | -40.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Highlands in April 2024, down by 40.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Highlands, TX
How long does it take to sell a home in Highlands, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
64 Days | 22 Days | -64.3% |
Summary: Homes in Highlands had an average of 22 days on market in Apr 2024, down by 64.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Highlands; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.