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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Highland is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Highland has remained a Seller's Market.

Key Takeaway

Highland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Highland, NY

How much do homes in Highland, NY cost?

Median Sold Price

$375,500

$233/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,500(+5.8%)

Key Takeaway

Homes in Highland have sold for 5.8% more than they did a year ago.

Summary: The median home sold price in Highland was $375,500 in November 2024, up 5.8% from last year, and the median price per square foot was $233.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $323K$205K
-36.5%
2 $264K$299.5K
+13.4%
3 $397.9K$377K
-5.3%
4 $435K$475K
+9.2%
5+ $477.5K$490K
+2.6%

Summary: Highland housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 36.5%, 2 bedroom homes increased by 13.4%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes increased by 2.6%.

Median Sold Price Compared To Nearby Cities

Lloyd
+15.7%
Milton
+9.9%
Highland
+5.8%

Housing Supply in Highland, NY

How many homes are available in Highland, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4544-2.2%

Summary: The Highland real estate market had 44 homes for sale in November 2024, a 2.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 97
-22.2%
3 2122
+4.8%
4 1211
-8.3%
5+ 23
+50.0%

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 22.2%, 3 bedroom homes increased by 4.8%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
89+12.5%

Asking Price vs. Sold Price

2 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 could pay more than the asking price. 55.6% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in Highland in November 2024, up by 12.5% month-over-month. Of the 9 sold homes, 22% were sold under asking, 22% were sold at asking, and 56% 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
57 Days78 Days+35.8%

Summary: Homes in Highland had an average of 78 days on market in Nov 2024, up by 35.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Highland has remained consistent over time.

Summary: During November 2024, 9 homes were sold in Highland; 22% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 22% 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 25 Days Ago

Newest Listings in Highland, NY

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