Housing Prices in Lake Highlands Area, TX
How much do homes in Lake Highlands Area, TX cost?
Median List Price
$514,421
$245/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in Lake Highlands Area has increased by 7.8% since last year.
Summary: The median home list price in Lake Highlands Area was $514,421 in April 2024, up 7.8% from the previous year, and the median price per square foot was $245.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $119.4K | $119K | -0.4% |
| 2 Bedrooms | $190K | $207K | +8.9% |
| 3 Bedrooms | $546.3K | $560K | +2.5% |
| 4 Bedrooms | $695K | $737.6K | +6.1% |
| 5+ Bedrooms | $995K | $1.2M | +30.6% |
Summary: Lake Highlands Area housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.4%, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 30.6%.
Median List Price Compared To Nearby Neighborhoods
| Glen Oaks Townhomes | $107.5K | $121K | +12.6% |
| Lake Highlands Area | $477.1K | $514.4K | +7.8% |
Housing Supply in Lake Highlands Area, TX
How many homes are available in Lake Highlands Area, TX?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 282 | 342 | +21.3% |
Summary: The Lake Highlands Area real estate market had 342 homes for sale in April 2024, a 21.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 47 | 57 | +21.3% |
| 2 Bedrooms | 59 | 74 | +25.4% |
| 3 Bedrooms | 82 | 97 | +18.3% |
| 4 Bedrooms | 73 | 90 | +23.3% |
| 5+ Bedrooms | 21 | 24 | +14.3% |
Summary: The Lake Highlands Area housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 21.3%, 2 bedroom homes increased by 25.4%, 3 bedroom homes increased by 18.3%, 4 bedroom homes increased by 23.3%, and 5+ bedroom homes increased by 14.3%.
Days on Market for Lake Highlands Area, TX
How long does it take to sell a home in Lake Highlands Area, TX?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 80 Days | 55 Days | -30.1% |
Summary: Homes in Lake Highlands Area had an average listing age of 55 days in Apr 2024, down by 30.1% compared to the previous year.
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