Highland Park, TX Housing Market — 93 Homes Sold (September 2025 – September 2026)

Q: What does the typical Highland Park home cost?

The typical Highland Park home sold for $3,000,000 (about $788 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 28 days; 25.8% 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 $3,000,000 home is roughly $17,066/month with 10% down.

The edge goes to buyers: homes typically take 28 days and only 11.8% beat their asking price.

Highland Park market at a glance

Homes sold (12 months): 93
Median sale price: $3,000,000 (about $17,066/month with 10% down at a 6.5% 30-year rate, principal & interest)
Median price per square foot: $788
Median days on market (list to contract): 28; 25.8% went under contract within a week
Sold over asking: 11.8% · Sold under asking: 84.9%
Typical home: 4 bed, 4,126 sqft, built 1981, mostly Highland Park ISD
Price range of sales: $355,000 – $25,500,000
On the market right now: 24 active listings, 9 under contract, 3.1 months of supply, median asking $4,922,500
How buyers paid: Conventional 44.1%, FHA 0%, VA 1.1%, Cash 52.7%, Other 2.2%
Seller contributions: 7.5% of sellers chipped in, typically $6,000
Contract to close: about 27 days
Median rent (same home types, 47 closed leases): $6,500/month — owning the median home runs about $17,066/month principal & interest with 10% down
HOA: 15.1% of sales had a mandatory HOA, typically $919/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: $3,591,500.

Median price by elementary school zone

Bradfield: 43 sales, median $2,525,000, $761/sqft
Armstrong: 35 sales, median $4,585,000, $831/sqft
Maplelawn: 14 sales, median $1,467,500, $680/sqft

Pricing right vs. cutting the price in Highland Park

Sellers who held their original asking price sold in 10 days at 97.5% of ask. Sellers who overpriced and later cut took 83 days and kept 88% of the original ask — roughly $322,900 left on the table on a typical Highland Park listing.

Most active Highland Park neighborhoods

Highland Park: 40 sales, median $2,767,500, 32 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 28 days and only 11.8% beat their asking price.

What does the typical Highland Park home cost? $3,000,000 — about $788 per square foot, or roughly $17,066/month with 10% down before taxes and insurance.

How fast do homes sell in Highland Park? The typical home went under contract in 28 days; 25.8% 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 $3,000,000 home is roughly $17,066/month with 10% down, before taxes and insurance.

Source: NTREIS MLS closed sales, September 3 2025 – September 3 2026. Aggregate data only — Texas is a non-disclosure state. Compiled by Pax Realty (Ryan Storch, Broker). Explore all 186 cities · Full dataset · Book a strategy call · Call/text (972) 974-1821.