Is Highland City, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Highland City is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Highland City, FL

How much do homes in Highland City, FL cost?

Median Sold Price

$315,000

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$21,500(+7.3%)

Key Takeaway

Homes in Highland City have sold for 7.3% more than they did a year ago.

Summary: The median home sold price in Highland City was $315,000 in October 2024, up 7.3% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $140K$60K
-57.1%
3 $270K$291.8K
+8.1%
4 $303K$344.9K
+13.8%
5+ $245K$461K
+88.2%

Summary: Highland City housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 57.1%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes increased by 88.2%.

Housing Supply in Highland City, FL

How many homes are available in Highland City, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1410-28.6%

Summary: The Highland City real estate market had 10 homes for sale in October 2024, a 28.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 85
-37.5%
4 11
0.0%
5+ 11
0.0%

Summary: The Highland City housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 37.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were 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 City, 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 City in October 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Highland City, FL

How long does it take to sell a home in Highland City, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
36 Days43 Days+19.4%

Summary: Homes in Highland City had an average of 43 days on market in Oct 2024, up by 19.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Highland City has remained consistent over time.

Summary: During October 2024, 2 homes were sold in Highland City; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

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