Is Highland, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Highland is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Highland has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Highland, AR

How much do homes in Highland, AR cost?

Median Sold Price

$315,000

$110/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$165,050(+110.1%)

Key Takeaway

Homes in Highland have sold for 110.1% more than they did a month ago.

Summary: The median home sold price in Highland was $315,000 in November 2024, up 110.1% from last month, and the median price per square foot was $110.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $149.9K-
N/A
4 -$315K
N/A
5+ --
N/A

Summary: Highland housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Highland
+110.1%
Highland Township
+110.1%
Cherokee Village
-10.1%
Cherokee Village
-10.1%
Cherokee Township
-15.8%

Housing Supply in Highland, AR

How many homes are available in Highland, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
97-22.2%

Summary: The Highland real estate market had 7 homes for sale in November 2024, a 22.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 40
-100.0%
4 23
+50.0%
5+ 22
0.0%

Summary: The Highland housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 100%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Highland, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Highland in November 2024, down by 33.3% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Highland, AR

We’re sorry, we don't have information for this market at the moment

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

Report Updated 21 Days Ago

Newest Listings in Highland, AR

Nearby Markets to Highland, AR

What housing markets are near Highland, AR?