$1,636 Closing Credit*
$137,750
1,071 SqFt
2 Beds
•1 Full Bath
Tami Hicks, Listing Office: Century 21 Signature Real Esta
Is Highland Park, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$171,000
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$19,000(+12.5%)
Key Takeaway
Homes in Highland Park have sold for 12.5% more than they did a year ago.
Summary: The median home sold price in Highland Park was $171,000 in October 2024, up 12.5% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $102.7K | $115K | +11.9% |
| 2 Bedrooms | $136.5K | $155K | +13.5% |
| 3 Bedrooms | $169K | $189.9K | +12.4% |
| 4 Bedrooms | $179K | $207K | +15.6% |
| 5+ Bedrooms | $224.9K | $243.5K | +8.3% |
Summary: Highland Park housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.9%, 2 bedroom homes increased by 13.5%, 3 bedroom homes increased by 12.4%, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes increased by 8.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Highland Park | $152K | $171K | +12.5% |
| 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 44 | 39 | -11.4% |
Summary: The Highland Park real estate market had 39 homes for sale in October 2024, a 11.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 15 | 20 | +33.3% |
| 3 Bedrooms | 22 | 15 | -31.8% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Highland Park 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 increased by 33.3%, 3 bedroom homes decreased by 31.8%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 8 | -50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Highland Park, expect to pay close to the asking price. 62.5% of homes here sold near the asking price last month.
Summary: A total of 8 homes were sold or pending in Highland Park in October 2024, down by 50.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 63% were sold at asking, and 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 11 Days | 29 Days | +161.8% |
Summary: Homes in Highland Park had an average of 29 days on market in Oct 2024, up by 161.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Highland Park are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Highland Park; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
