Is Highland Hills, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Highland Hills is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Highland Hills was a Seller's Market.

Key Takeaway

Highland Hills is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Highland Hills, TX

How much do homes in Highland Hills, TX cost?

Median Sold Price

$185,000

$142/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$8,000(+4.5%)

Key Takeaway

Homes in Highland Hills have sold for 4.5% more than they did a year ago.

Summary: The median home sold price in Highland Hills was $185,000 in October 2024, up 4.5% from last year, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $106K$91K
-14.2%
2 $125K$115K
-8.0%
3 $178.5K$186K
+4.2%
4 $214K$225.7K
+5.5%
5+ $214K$185K
-13.6%

Summary: Highland Hills housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.2%, 2 bedroom homes decreased by 8%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes decreased by 13.6%.

Median Sold Price Compared To Nearby Neighborhoods

Highland Hills
+4.5%
Pecan Valley
-11.9%

Housing Supply in Highland Hills, TX

How many homes are available in Highland Hills, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7386+17.8%

Summary: The Highland Hills real estate market had 86 homes for sale in October 2024, a 17.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1213
+8.3%
3 3846
+21.1%
4 1922
+15.8%
5+ 45
+25.0%

Summary: The Highland Hills 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 8.3%, 3 bedroom homes increased by 21.1%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
148-42.9%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Highland Hills, expect to pay close to the asking price. 62.5% of homes here sold near the asking price last month.

Summary: A total of 8 homes were sold or pending in Highland Hills in October 2024, down by 42.9% month-over-month. Of the 8 sold homes, 38% were sold under asking, 63% were sold at asking, and 0% were sold over asking.

Days on Market for Highland Hills, TX

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

Average Sale Time

Oct 2023Oct 2024CHANGE
64 Days47 Days-26.7%

Summary: Homes in Highland Hills had an average of 47 days on market in Oct 2024, down by 26.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 8 homes were sold in Highland Hills; 38% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 13% 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 17 Days Ago

Newest Listings in Highland Hills, TX

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