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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Highland Garden is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Highland Garden was a Seller's Market.

Key Takeaway

Highland Garden is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Highland Garden, FL

How much do homes in Highland Garden, FL cost?

Median Sold Price

$415,000

$347/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$38,000(+10.1%)

Key Takeaway

Homes in Highland Garden have sold for 10.1% more than they did a year ago.

Summary: The median home sold price in Highland Garden was $415,000 in October 2024, up 10.1% from last year, and the median price per square foot was $347.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $280K$169K
-39.6%
2 $352.5K$380K
+7.8%
3 $412.5K$441K
+6.9%
4 $467.5K$695K
+48.7%
5+ $597.5K$540K
-9.6%

Summary: Highland Garden housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 39.6%, 2 bedroom homes increased by 7.8%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 48.7%, and 5+ bedroom homes decreased by 9.6%.

Median Sold Price Compared To Nearby Neighborhoods

Highland Garden
+10.1%
North Central
+10.1%

Housing Supply in Highland Garden, FL

How many homes are available in Highland Garden, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5161+19.6%

Summary: The Highland Garden real estate market had 61 homes for sale in October 2024, a 19.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 78
+14.3%
2 2121
0.0%
3 1624
+50.0%
4 56
+20.0%
5+ 22
0.0%

Summary: The Highland Garden housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
48+100.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Highland Garden, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Highland Garden in October 2024, up by 100.0% month-over-month. Of the 8 sold homes, 88% were sold under asking, 0% were sold at asking, and 13% were sold over asking.

Days on Market for Highland Garden, FL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
40 Days82 Days+102.8%

Summary: Homes in Highland Garden had an average of 82 days on market in Oct 2024, up by 102.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 8 homes were sold in Highland Garden; 13% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 13% 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 17 Days Ago

Newest Listings in Highland Garden, FL

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