$8,312 Closing Credit*
$699,950
1,628 SqFt
3 Beds
•2 Full Baths
Jennifer Bass, Listing Office: Silver Key Real Estate LLC
Is Highland, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 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, OR
How much do homes in Highland, OR cost?
Median Sold Price
$550,000
$306/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$26,012(-4.5%)
Key Takeaway
Homes in Highland have sold for 4.5% less than they did a year ago.
Summary: The median home sold price in Highland was $550,000 in December 2024, down 4.5% from last year, and the median price per square foot was $306.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $265K | $250K | -5.7% |
| 2 Bedrooms | $309.7K | $389K | +25.6% |
| 3 Bedrooms | $535K | $517.5K | -3.3% |
| 4 Bedrooms | $653.7K | $625K | -4.4% |
| 5+ Bedrooms | $645K | $662.5K | +2.7% |
Summary: Highland housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.7%, 2 bedroom homes increased by 25.6%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes increased by 2.7%.
Housing Supply in Highland, OR
How many homes are available in Highland, OR?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 27 | 19 | -29.6% |
Summary: The Highland real estate market had 19 homes for sale in December 2024, a 29.6% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 15 | 9 | -40.0% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Highland housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 40%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Highland, expect to pay close to the asking price. 37.5% of homes here sold near the asking price last month.
Summary: A total of 8 homes were sold or pending in Highland in December 2024, the same as the previous month. Of the 8 sold homes, 25% were sold under asking, 38% were sold at asking, and 38% were sold over asking.
Days on Market for Highland, OR
How long does it take to sell a home in Highland, OR?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 43 Days | 47 Days | +7.4% |
Summary: Homes in Highland had an average of 47 days on market in Dec 2024, up by 7.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Highland are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 8 homes were sold in Highland; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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