$7,719 Closing Credit*
$650,000
2,498 SqFt
4 Beds
•3 Full Baths
Amy Bair, Listing Office: Howard Hanna Real Estate Services
Is Highland Park, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Highland Park was a Seller's Market.
Key Takeaway
Highland Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Highland Park, PA
How much do homes in Highland Park, PA cost?
Median Sold Price
$594,500
$249/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$169,500(+39.9%)
Key Takeaway
Homes in Highland Park have sold for 39.9% more than they did a year ago.
Summary: The median home sold price in Highland Park was $594,500 in October 2024, up 39.9% from last year, and the median price per square foot was $249.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $299.9K | $328.5K | +9.5% |
| 3 Bedrooms | $360K | $419.5K | +16.5% |
| 4 Bedrooms | $442.5K | $692.5K | +56.5% |
| 5+ Bedrooms | $550K | $628K | +14.2% |
Summary: Highland Park housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 16.5%, 4 bedroom homes increased by 56.5%, and 5+ bedroom homes increased by 14.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Highland Park | $425K | $594.5K | +39.9% |
| Morningside | $293K | $356K | +21.5% |
| Lincoln-Lemington-Belmar | $64K | $45K | -29.7% |
Housing Supply in Highland Park, PA
How many homes are available in Highland Park, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 25 | +31.6% |
Summary: The Highland Park real estate market had 25 homes for sale in October 2024, a 31.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 5 | 9 | +80.0% |
| 5+ Bedrooms | 10 | 13 | +30.0% |
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 decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 80%, and 5+ bedroom homes increased by 30%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Highland Park, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Highland Park in October 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Highland Park, PA
How long does it take to sell a home in Highland Park, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 55 Days | 13 Days | -76.4% |
Summary: Homes in Highland Park had an average of 13 days on market in Oct 2024, down by 76.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were 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, 3 homes were sold in Highland Park; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.