Housing Prices in Highland Park, TX
How much do homes in Highland Park, TX cost?
Median List Price
$3,425,000
$817/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Highland Park has increased by 29.3% since last year.
Summary: The median home list price in Highland Park was $3,425,000 in May 2024, up 29.3% from the previous year, and the median price per square foot was $817.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $1.2M | $1.2M | 0.0% |
| 3 Bedrooms | $1.6M | $2.0M | +26.6% |
| 4 Bedrooms | $2.6M | $3.3M | +23.2% |
| 5+ Bedrooms | $5.2M | $6.3M | +20.0% |
Summary: Highland Park housing prices by bedroom type for May 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 26.6%, 4 bedroom homes increased by 23.2%, and 5+ bedroom homes increased by 20%.
Median List Price Compared To Nearby Cities
| Highland Park | $2.6M | $3.4M | +29.3% |
| University Park | $1.9M | $2.2M | +11.0% |
| Dallas | $425.2K | $463.3K | +9.0% |
| Northeast Dallas | $388.7K | $410.5K | +5.6% |
Housing Supply in Highland Park, TX
How many homes are available in Highland Park, TX?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 73 | 87 | +19.2% |
Summary: The Highland Park real estate market had 87 homes for sale in May 2024, a 19.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 10 | 0.0% |
| 3 Bedrooms | 10 | 11 | +10.0% |
| 4 Bedrooms | 22 | 26 | +18.2% |
| 5+ Bedrooms | 31 | 40 | +29.0% |
Summary: The Highland Park housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 29%.
Days on Market for Highland Park, TX
How long does it take to sell a home in Highland Park, TX?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 78 Days | 70 Days | -10.6% |
Summary: Homes in Highland Park had an average listing age of 70 days in May 2024, down by 10.6% compared to the previous year.
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