Is Highland, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Highland has remained a Neutral Market.
Housing Prices in Highland, NY
How much do homes in Highland, NY cost?
Median Sold Price
$375,000
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Highland was $375,000 in May 2024, up 19% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $323K | - | N/A |
2 Bedrooms | $250K | $282K | +12.8% |
3 Bedrooms | $340K | $398.4K | +17.2% |
4 Bedrooms | $409.7K | $434.5K | +6.0% |
5+ Bedrooms | $325K | $635K | +95.4% |
Summary: Highland housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.8%, 3 bedroom homes increased by 17.2%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 95.4%.
Median Sold Price Compared To Nearby Cities
Eldred | $272K | $352K | +29.4% |
Barryville | $327K | $408K | +24.8% |
Highland | $315K | $375K | +19.0% |
Housing Supply in Highland, NY
How many homes are available in Highland, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
73 | 82 | +12.3% |
Summary: The Highland real estate market had 82 homes for sale in May 2024, a 12.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 10 | 12 | +20.0% |
3 Bedrooms | 34 | 37 | +8.8% |
4 Bedrooms | 21 | 22 | +4.8% |
5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The Highland housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
9 | 12 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Highland in May 2024, up by 33.3% month-over-month. Of the 12 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
43 Days | 22 Days | -47.9% |
Summary: Homes in Highland had an average of 22 days on market in May 2024, down by 47.9% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 12 homes were sold in Highland; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.