Is Highland, SC 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 October 2023

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

Key Takeaway

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

Housing Prices in Highland, SC

How much do homes in Highland, SC cost?

Median Sold Price

$405,000

$217/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$40,000(-9.0%)

Key Takeaway

Homes in Highland have sold for 9% less than they did a year ago.

Summary: The median home sold price in Highland was $405,000 in October 2024, down 9% from last year, and the median price per square foot was $217.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $212.5K-
N/A
2 -$417.5K
N/A
3 $327.5K$337K
+2.9%
4 $525K$487.4K
-7.2%
5+ $1.1M$1.0M
-13.0%

Summary: Highland 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 did not change, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 7.2%, and 5+ bedroom homes decreased by 13%.

Median Sold Price Compared To Nearby Cities

Tryon
+20.2%
Gramling
+16.2%
Landrum
+10.4%
Highland
-9.0%

Housing Supply in Highland, SC

How many homes are available in Highland, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
125133+6.4%

Summary: The Highland real estate market had 133 homes for sale in October 2024, a 6.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 1315
+15.4%
3 5349
-7.5%
4 4351
+18.6%
5+ 1416
+14.3%

Summary: The Highland 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 increased by 15.4%, 3 bedroom homes decreased by 7.5%, 4 bedroom homes increased by 18.6%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1724+41.2%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 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. 79.2% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in Highland in October 2024, up by 41.2% month-over-month. Of the 24 sold homes, 79% were sold under asking, 13% were sold at asking, and 8% were sold over asking.

Days on Market for Highland, SC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
43 Days37 Days-12.9%

Summary: Homes in Highland had an average of 37 days on market in Oct 2024, down by 12.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 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 October 2024, 24 homes were sold in Highland; 4% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% 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, SC

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