Is Highlands, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Highlands is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Highlands has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Highlands, WA

How much do homes in Highlands, WA cost?

Median Sold Price

$290,405

$290/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$20,405(+7.6%)

Key Takeaway

Homes in Highlands have sold for 7.6% more than they did a year ago.

Summary: The median home sold price in Highlands was $290,405 in December 2024, up 7.6% from last year, and the median price per square foot was $290.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $209.9K$160K
-23.8%
2 $244.9K$270K
+10.2%
3 $295K$299.9K
+1.7%
4 $280K$350K
+25.0%
5+ -$418K
N/A

Summary: Highlands housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.8%, 2 bedroom homes increased by 10.2%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 25%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Highlands
+7.6%
Saint Helens
+6.5%

Housing Supply in Highlands, WA

How many homes are available in Highlands, WA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3229-9.4%

Summary: The Highlands real estate market had 29 homes for sale in December 2024, a 9.4% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 42
-50.0%
2 1110
-9.1%
3 1212
0.0%
4 33
0.0%
5+ 22
0.0%

Summary: The Highlands housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
86-25.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Highlands, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in Highlands in December 2024, down by 25.0% month-over-month. Of the 6 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.

Days on Market for Highlands, WA

How long does it take to sell a home in Highlands, WA?

Average Sale Time

Dec 2023Dec 2024CHANGE
51 Days12 Days-75.9%

Summary: Homes in Highlands had an average of 12 days on market in Dec 2024, down by 75.9% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Highlands are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 6 homes were sold in Highlands; 83% of homes were sold within 30 days, 17% 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 2 Days Ago

Newest Listings in Highlands, WA

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