Is Highlands County, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Highlands County was a Seller's Market.
Key Takeaway
Highlands County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Highlands County, FL
How much do homes in Highlands County, FL cost?
Median Sold Price
$276,625
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Highlands County have sold for 16.5% more than they did a year ago.
Summary: The median home sold price in Highlands County was $276,625 in May 2024, up 16.5% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $425K | $105K | -75.3% |
| 2 Bedrooms | $189.5K | $195K | +2.9% |
| 3 Bedrooms | $259K | $280K | +8.1% |
| 4 Bedrooms | $335.8K | $350K | +4.2% |
| 5+ Bedrooms | $528.4K | $399.9K | -24.3% |
Summary: Highlands County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 75.3%, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes decreased by 24.3%.
Median Sold Price Compared To Nearby Counties
| Highlands County | $237.5K | $276.6K | +16.5% |
| Okeechobee County | $254.2K | $255K | 0.3% |
| Osceola County | $389.2K | $390K | 0.2% |
| DeSoto County | $255K | $243.3K | -4.6% |
Housing Supply in Highlands County, FL
How many homes are available in Highlands County, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 281 | 312 | +11.0% |
Summary: The Highlands County real estate market had 312 homes for sale in May 2024, a 11.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 49 | 50 | +2.0% |
| 3 Bedrooms | 170 | 192 | +12.9% |
| 4 Bedrooms | 52 | 57 | +9.6% |
| 5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The Highlands County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 44 | 30 | -31.8% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Highlands County, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.
Summary: A total of 30 homes were sold or pending in Highlands County in May 2024, down by 31.8% month-over-month. Of the 30 sold homes, 53% were sold under asking, 40% were sold at asking, and 7% were sold over asking.
Days on Market for Highlands County, FL
How long does it take to sell a home in Highlands County, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 48 Days | 41 Days | -14.9% |
Summary: Homes in Highlands County had an average of 41 days on market in May 2024, down by 14.9% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Highlands County are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 30 homes were sold in Highlands County; 53% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
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The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.