Housing Prices in Lake Highlands Area, TX

How much do homes in Lake Highlands Area, TX cost?

Median List Price

$524,603

$247/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$26,037(+5.2%)

Key Takeaway

The list price of homes in Lake Highlands Area has increased by 5.2% since last year.

Summary: The median home list price in Lake Highlands Area was $524,603 in October 2024, up 5.2% from the previous year, and the median price per square foot was $247.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $115K$114.9K
0%
2 $206.9K$200K
-3.4%
3 $550K$579.8K
+5.4%
4 $710K$741.1K
+4.4%
5+ $1.1M$1.2M
+6.0%

Summary: Lake Highlands Area 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 decreased by 3.4%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 6%.

Median List Price Compared To Nearby Neighborhoods

Pebble Creek
+30.3%
Pebble Creek
+30.3%
Lake Highlands Area
+5.2%

Housing Supply in Lake Highlands Area, TX

How many homes are available in Lake Highlands Area, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
363434+19.6%

Summary: The Lake Highlands Area real estate market had 434 homes for sale in October 2024, a 19.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 6873
+7.4%
2 8099
+23.8%
3 98133
+35.7%
4 100111
+11.0%
5+ 1718
+5.9%

Summary: The Lake Highlands Area housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.4%, 2 bedroom homes increased by 23.8%, 3 bedroom homes increased by 35.7%, 4 bedroom homes increased by 11%, and 5+ bedroom homes increased by 5.9%.

Days on Market for Lake Highlands Area, TX

How long does it take to sell a home in Lake Highlands Area, TX?

Average Listing Age

Oct 2023Oct 2024CHANGE
91 Days67 Days-26.7%

Summary: Homes in Lake Highlands Area had an average listing age of 67 days in Oct 2024, down by 26.7% compared to the previous year.

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 Lake Highlands Area, TX

Nearby Markets to Lake Highlands Area, TX