Is Highland Hills, 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, Highland Hills was a Seller's Market.
Housing Prices in Highland Hills, TX
How much do homes in Highland Hills, TX cost?
Median Sold Price
$175,000
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Highland Hills was $175,000 in April 2024, down 7.9% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $106K | $91K | -14.2% |
2 Bedrooms | $134K | $125K | -6.7% |
3 Bedrooms | $190K | $185.5K | -2.4% |
4 Bedrooms | $212K | $215K | +1.4% |
5+ Bedrooms | $305K | - | N/A |
Summary: Highland Hills housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.2%, 2 bedroom homes decreased by 6.7%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Pecan Valley | $235.9K | $232.9K | -1.3% |
Highland Hills | $190K | $175K | -7.9% |
Housing Supply in Highland Hills, TX
How many homes are available in Highland Hills, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
64 | 70 | +9.4% |
Summary: The Highland Hills real estate market had 70 homes for sale in April 2024, a 9.4% increase 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 | 9 | 12 | +33.3% |
3 Bedrooms | 40 | 44 | +10.0% |
4 Bedrooms | 13 | 12 | -7.7% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Highland Hills 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 increased by 33.3%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 10 | +11.1% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Highland Hills in April 2024, up by 11.1% month-over-month. Of the 10 sold homes, 70% were sold under asking, 10% were sold at asking, and 20% were sold over asking.
Days on Market for Highland Hills, TX
How long does it take to sell a home in Highland Hills, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
55 Days | 92 Days | +64.9% |
Summary: Homes in Highland Hills had an average of 92 days on market in Apr 2024, up by 64.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in Highland Hills; 20% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.