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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Highland is a neutral's market

Buyer's
Market

Difference Since November 2023

Since last year, Highland has remained a Neutral Market.

Key Takeaway

Highland is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Highland, NY

How much do homes in Highland, NY cost?

Median Sold Price

$370,000

$233/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$23,000(+6.6%)

Key Takeaway

Homes in Highland have sold for 6.6% more than they did a year ago.

Summary: The median home sold price in Highland was $370,000 in November 2024, up 6.6% from last year, and the median price per square foot was $233.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $323K$220K
-31.9%
2 $264K$293.5K
+11.2%
3 $385K$371.5K
-3.5%
4 $479.5K$439.5K
-8.3%
5+ $525.1K$625K
+19.0%

Summary: Highland housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.9%, 2 bedroom homes increased by 11.2%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 19%.

Median Sold Price Compared To Nearby Cities

Highland
+6.6%
Barryville
-19.9%

Housing Supply in Highland, NY

How many homes are available in Highland, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
85850.0%

Summary: The Highland real estate market had 85 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 1915
-21.1%
3 3841
+7.9%
4 1918
-5.3%
5+ 79
+28.6%

Summary: The Highland housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 21.1%, 3 bedroom homes increased by 7.9%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes increased by 28.6%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1113+18.2%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were 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. 46.2% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Highland in November 2024, up by 18.2% month-over-month. Of the 13 sold homes, 46% were sold under asking, 15% were sold at asking, and 38% were sold over asking.

Days on Market for Highland, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
35 Days83 Days+137.6%

Summary: Homes in Highland had an average of 83 days on market in Nov 2024, up by 137.6% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Highland are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 13 homes were sold in Highland; 23% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 38% 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 Highland, NY

Nearby Markets to Highland, NY

What housing markets are near Highland, NY?