Is Highlands, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Highlands is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Highlands has remained a Seller's Market.

Key Takeaway

Highlands is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Highlands, WA

How much do homes in Highlands, WA cost?

Median Sold Price

$275,000

$283/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$2,500(+0.9%)

Key Takeaway

Homes in Highlands have sold for 0.9% more than they did a year ago.

Summary: The median home sold price in Highlands was $275,000 in April 2024, up 0.9% from last year, and the median price per square foot was $283.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $180K$209.9K
+16.6%
2 $239.9K$260K
+8.4%
3 $292.5K$295K
+0.9%
4 $323.4K$305K
-5.7%
5+ $312.5K-
N/A

Summary: Highlands housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.6%, 2 bedroom homes increased by 8.4%, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Saint Helens
+2.5%
Highlands
+0.9%

Housing Supply in Highlands, WA

How many homes are available in Highlands, WA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2021+5.0%

Summary: The Highlands real estate market had 21 homes for sale in April 2024, a 5.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 1411
-21.4%
3 47
+75.0%
4 21
-50.0%
5+ 02
+100.0%

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 21.4%, 3 bedroom homes increased by 75%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
67+16.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Highlands, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in Highlands in April 2024, up by 16.7% month-over-month. Of the 7 sold homes, 29% were sold under asking, 29% were sold at asking, and 43% were sold over asking.

Days on Market for Highlands, WA

How long does it take to sell a home in Highlands, WA?

Average Sale Time

Apr 2023Apr 2024CHANGE
23 Days27 Days+16.7%

Summary: Homes in Highlands had an average of 27 days on market in Apr 2024, up by 16.7% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Highlands are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 7 homes were sold in Highlands; 86% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.

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

Report Updated 28 Days Ago

Newest Listings in Highlands, WA

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