Housing Prices in Lake Highlands Area, TX
How much do homes in Lake Highlands Area, TX cost?
Median List Price
$503,898
$244/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Lake Highlands Area has increased by 5.3% since last year.
Summary: The median home list price in Lake Highlands Area was $503,898 in May 2024, up 5.3% from the previous year, and the median price per square foot was $244.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $119.9K | $115K | -4.1% |
| 2 Bedrooms | $190K | $202.5K | +6.6% |
| 3 Bedrooms | $546K | $568.4K | +4.1% |
| 4 Bedrooms | $698.9K | $742.4K | +6.2% |
| 5+ Bedrooms | $1.1M | $1.3M | +10.3% |
Summary: Lake Highlands Area housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.1%, 2 bedroom homes increased by 6.6%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 10.3%.
Median List Price Compared To Nearby Neighborhoods
| Pebble Creek | $449.5K | $885K | +96.9% |
| Pebble Creek | $449.5K | $885K | +96.9% |
| Glen Oaks Townhomes | $99.9K | $121K | +21.1% |
| Lake Highlands Area | $478.6K | $503.8K | +5.3% |
Housing Supply in Lake Highlands Area, TX
How many homes are available in Lake Highlands Area, TX?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 332 | 364 | +9.6% |
Summary: The Lake Highlands Area real estate market had 364 homes for sale in May 2024, a 9.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 56 | 64 | +14.3% |
| 2 Bedrooms | 74 | 90 | +21.6% |
| 3 Bedrooms | 94 | 89 | -5.3% |
| 4 Bedrooms | 86 | 98 | +14.0% |
| 5+ Bedrooms | 22 | 23 | +4.5% |
Summary: The Lake Highlands Area housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 21.6%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes increased by 14%, and 5+ bedroom homes increased by 4.5%.
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
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 76 Days | 59 Days | -21.8% |
Summary: Homes in Lake Highlands Area had an average listing age of 59 days in May 2024, down by 21.8% compared to the previous year.
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