Is Highlands County, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Highlands County is a buyer's market

Buyer's
Market

Difference Since October 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

$270,000

$173/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,042(+1.9%)

Key Takeaway

Homes in Highlands County have sold for 1.9% more than they did a year ago.

Summary: The median home sold price in Highlands County was $270,000 in October 2024, up 1.9% from last year, and the median price per square foot was $173.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $468.5K$147K
-68.6%
2 $195K$200K
+2.6%
3 $275.8K$279.5K
+1.3%
4 $320.7K$339K
+5.7%
5+ $352.5K$422.9K
+20.0%

Summary: Highlands County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 68.6%, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 20%.

Median Sold Price Compared To Nearby Counties

Glades County
+17.1%
DeSoto County
+9.7%
Okeechobee County
+8.5%
Highlands County
+1.9%
Osceola County
-0.4%

Housing Supply in Highlands County, FL

How many homes are available in Highlands County, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
326319-2.1%

Summary: The Highlands County real estate market had 319 homes for sale in October 2024, a 2.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 34
+33.3%
2 4848
0.0%
3 204201
-1.5%
4 6155
-9.8%
5+ 1011
+10.0%

Summary: The Highlands County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 1.5%, 4 bedroom homes decreased by 9.8%, and 5+ bedroom homes increased by 10%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3932-17.9%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

11 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 County, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.

Summary: A total of 32 homes were sold or pending in Highlands County in October 2024, down by 17.9% month-over-month. Of the 32 sold homes, 56% were sold under asking, 34% were sold at asking, and 9% 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

Oct 2023Oct 2024CHANGE
53 Days86 Days+61.6%

Summary: Homes in Highlands County had an average of 86 days on market in Oct 2024, up by 61.6% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

16 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Highlands County has remained consistent over time.

Summary: During October 2024, 32 homes were sold in Highlands County; 16% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 34% 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 20 Days Ago

Newest Listings in Highlands County, FL

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What housing markets are near Highlands County, FL?