Is Highland, LA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Highland is a buyer's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Highland was a Neutral Market.

Key Takeaway

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

Housing Prices in Highland, LA

How much do homes in Highland, LA cost?

Median Sold Price

$99,750

$59/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$13,750(+16.0%)

Key Takeaway

Homes in Highland have sold for 16% more than they did a year ago.

Summary: The median home sold price in Highland was $99,750 in December 2024, up 16% from last year, and the median price per square foot was $59.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$76.2K
N/A
2 $73K$99.7K
+36.6%
3 $87.5K$96.7K
+10.5%
4 $88.7K$126K
+42.0%
5+ $140K$101K
-27.9%

Summary: Highland housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 36.6%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 42%, and 5+ bedroom homes decreased by 27.9%.

Median Sold Price Compared To Nearby Neighborhoods

Highland
+16.0%
Fairfield
+6.8%

Housing Supply in Highland, LA

How many homes are available in Highland, LA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
5553-3.6%

Summary: The Highland real estate market had 53 homes for sale in December 2024, a 3.6% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 20
-100.0%
2 1211
-8.3%
3 3127
-12.9%
4 57
+40.0%
5+ 58
+60.0%

Summary: The Highland housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes decreased by 12.9%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 60%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
155-66.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Highland, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Highland in December 2024, down by 66.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for Highland, LA

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 6 Days Ago

Newest Listings in Highland, LA

Nearby Markets to Highland, LA