Highland Park, TX Housing Market: 103 Homes Sold (September 2025 to September 2026)

Q: What does the typical Highland Park home cost?

The typical Highland Park home sold for $2,850,000 (about $799 per square foot) over the last twelve months.

Q: How fast do homes sell in Highland Park?

The typical Highland Park home went under contract in 29 days; 26.2% sold within the first week.

Q: Is it cheaper to rent or buy in Highland Park?

The median Highland Park lease ran $6,500/month this year; principal and interest on the median $2,850,000 home is roughly $16,213/month with 10% down.

The edge goes to buyers: homes typically take 29 days and only 13.6% beat their asking price.

Highland Park market at a glance

Homes sold (12 months): 103
Median sale price: $2,850,000 (about $16,213/month with 10% down at a 6.5% 30-year rate, principal & interest)
Median price per square foot: $799
Median days on market (list to contract): 29; 26.2% went under contract within a week
Sold over asking: 13.6% · Sold under asking: 82.5%
Typical home: 4 bed, 3,876 sqft, built 1981, mostly Highland Park ISD
Price range of sales: $355,000 – $25,500,000
On the market right now: 32 active listings, 8 under contract, 3.7 months of supply, median asking $5,424,000
How buyers paid: Conventional 41.7%, FHA 0%, VA 0%, Cash 57.3%, Other 1%
Seller contributions: 6.8% of sellers chipped in, typically $6,000
Contract to close: about 27 days
Median rent (same home types, 51 closed leases): $6,500/month. Owning the median home runs about $16,213/month principal & interest with 10% down
HOA: 15.5% of sales had a mandatory HOA, typically $1041/month

Five-year price history in Highland Park

Median sale price by quarter: 2022 Q1: $1,650,000 · 2023 Q1: $2,839,750 · 2024 Q1: $3,157,500 · 2025 Q1: $2,450,000 · 2026 Q1: $2,475,000 · 2026 Q3: $3,067,500.

Median price by elementary school zone

Bradfield: 46 sales, median $2,575,000, $791/sqft
Armstrong: 38 sales, median $4,875,000, $888/sqft
Maplelawn: 18 sales, median $1,405,000, $602/sqft

Pricing right vs. cutting the price in Highland Park

Sellers who held their original asking price sold in 12 days at 97.6% of ask. Sellers who overpriced and later cut took 88 days and kept 87.7% of the original ask, roughly $321,800 left on the table on a typical Highland Park listing.

Most active Highland Park neighborhoods

Highland Park: 45 sales, median $3,490,000, 29 days on market

Nearby markets

Dallas · Garland · Mesquite · Grand Prairie · Irving · Richardson · Rowlett · Cedar Hill

Common questions

Is now a good time to buy in Highland Park? The edge goes to buyers: homes typically take 29 days and only 13.6% beat their asking price.

What does the typical Highland Park home cost? $2,850,000, about $799 per square foot, or roughly $16,213/month with 10% down before taxes and insurance.

How fast do homes sell in Highland Park? The typical home went under contract in 29 days; 26.2% sold within the first week.

Is it cheaper to rent or buy in Highland Park? The median Highland Park lease ran $6,500/month this year, while principal and interest on the median $2,850,000 home is roughly $16,213/month with 10% down, before taxes and insurance.

Source: NTREIS MLS closed sales, September 5 2025 to September 5 2026. Aggregate data only; Texas is a non-disclosure state. Compiled by Pax Realty (Ryan Storch, Broker). Explore all 186 cities · Full dataset · Text Ryan · Call/text (972) 974-1821.