Is Highland, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Highland was a Buyer's Market.
Housing Prices in Highland, NY
How much do homes in Highland, NY cost?
Median Sold Price
$376,000
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Highland was $376,000 in May 2024, up 7.3% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $323K | - | N/A |
2 Bedrooms | $262K | $280K | +6.9% |
3 Bedrooms | $375K | $412K | +9.9% |
4 Bedrooms | $423.2K | $444.5K | +5.0% |
5+ Bedrooms | $362K | $525.1K | +45.1% |
Summary: Highland 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 increased by 6.9%, 3 bedroom homes increased by 9.9%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 45.1%.
Median Sold Price Compared To Nearby Cities
Highland | $350.5K | $376K | +7.3% |
Lloyd | $323K | $340K | +5.3% |
Housing Supply in Highland, NY
How many homes are available in Highland, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
47 | 51 | +8.5% |
Summary: The Highland real estate market had 51 homes for sale in May 2024, a 8.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 8 | 8 | 0.0% |
3 Bedrooms | 20 | 22 | +10.0% |
4 Bedrooms | 16 | 17 | +6.3% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Highland 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 6.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 8 | +14.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Highland in May 2024, up by 14.3% month-over-month. Of the 8 sold homes, 13% were sold under asking, 13% were sold at asking, and 75% were sold over asking.
Days on Market for Highland, NY
How long does it take to sell a home in Highland, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
36 Days | 24 Days | -34.4% |
Summary: Homes in Highland had an average of 24 days on market in May 2024, down by 34.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in Highland; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.