$831 Closing Credit*
$70,000
816 SqFt
2 Beds
•1 Full Bath
Joseph G. Henry, Listing Office: Iowa Realty South
Is Highland Park, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Highland Park has remained a Seller's Market.
Key Takeaway
Highland Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Highland Park, IA
How much do homes in Highland Park, IA cost?
Median Sold Price
$174,900
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,900(+13.6%)
Key Takeaway
Homes in Highland Park have sold for 13.6% more than they did a year ago.
Summary: The median home sold price in Highland Park was $174,900 in November 2024, up 13.6% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $102.7K | $115.2K | +12.2% |
| 2 Bedrooms | $137K | $157K | +14.6% |
| 3 Bedrooms | $172K | $190K | +10.5% |
| 4 Bedrooms | $179K | $225K | +25.7% |
| 5+ Bedrooms | $224.9K | $243.5K | +8.3% |
Summary: Highland Park housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.2%, 2 bedroom homes increased by 14.6%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 25.7%, and 5+ bedroom homes increased by 8.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Highland Park | $154K | $174.9K | +13.6% |
| Union Park | $164.5K | $176K | +7.0% |
Housing Supply in Highland Park, IA
How many homes are available in Highland Park, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 41 | 41 | 0.0% |
Summary: The Highland Park real estate market had 41 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 19 | 20 | +5.3% |
| 3 Bedrooms | 17 | 16 | -5.9% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Highland Park housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 5.3%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 10 | -9.1% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Highland Park, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 10 homes were sold or pending in Highland Park in November 2024, down by 9.1% month-over-month. Of the 10 sold homes, 40% were sold under asking, 50% were sold at asking, and 10% were sold over asking.
Days on Market for Highland Park, IA
How long does it take to sell a home in Highland Park, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 13 Days | 21 Days | +55.7% |
Summary: Homes in Highland Park had an average of 21 days on market in Nov 2024, up by 55.7% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Highland Park are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 10 homes were sold in Highland Park; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
