$10,000 Closing Credit*
$2,499,000
3,128 SqFt
4 Beds
•2 Full Baths, 1 Partial
Betsy Weber Hurst, Emily Schultz, Listing Office: Compass RE Texas, LLC.
Housing Prices in University Park / Highland Park Area, TX
How much do homes in University Park / Highland Park Area, TX cost?
Median List Price
$2,216,976
$617/sqft
Based on all homes listed in the last 12 months.
Difference Since November 2023
+$118,642(+5.7%)
Key Takeaway
The list price of homes in University Park / Highland Park Area has increased by 5.7% since last year.
Summary: The median home list price in University Park / Highland Park Area was $2,216,976 in November 2024, up 5.7% from the previous year, and the median price per square foot was $617.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $174.9K | $284.5K | +62.6% |
| 2 Bedrooms | $795K | $725K | -8.8% |
| 3 Bedrooms | $1.4M | $1.4M | +1.1% |
| 4 Bedrooms | $2.2M | $2.4M | +8.5% |
| 5+ Bedrooms | $3.4M | $3.8M | +10.0% |
Summary: University Park / Highland Park Area housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 62.6%, 2 bedroom homes decreased by 8.8%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 10%.
Housing Supply in University Park / Highland Park Area, TX
How many homes are available in University Park / Highland Park Area, TX?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 223 | 218 | -2.2% |
Summary: The University Park / Highland Park Area real estate market had 218 homes for sale in November 2024, a 2.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 24 | 13 | -45.8% |
| 3 Bedrooms | 52 | 56 | +7.7% |
| 4 Bedrooms | 68 | 67 | -1.5% |
| 5+ Bedrooms | 75 | 77 | +2.7% |
Summary: The University Park / Highland Park Area housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 45.8%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes increased by 2.7%.
Days on Market for University Park / Highland Park Area, TX
How long does it take to sell a home in University Park / Highland Park Area, TX?
Average Listing Age
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 118 Days | 88 Days | -25.0% |
Summary: Homes in University Park / Highland Park Area had an average listing age of 88 days in Nov 2024, down by 25% compared to the previous year.
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