Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 16,105 people, 5,316 houses or apartments, and a median cost of homes of $532,984, Highland Village house prices are not only among the most expensive in Texas, Highland Village real estate also is some of the most expensive in all of America.
Highland Village is a city of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Highland Village than is found in 98% of the communities in America.
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Highland Village. Owner-occupied housing accounts for 92.89% of Highland Village's homes, and 74.82% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Highland Village built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Highland Village built between 2000 and later ( 30.44%). A lesser amount of the housing stock also hails from between 1940-1969 ( 3.46%).
In the last 10 years, Highland Village has experienced some of the highest home appreciation rates of any community in the nation. Highland Village real estate appreciated 111.64% over the last ten years, which is an average annual home appreciation rate of 7.79%, putting Highland Village in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Highland Village definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Over the last year, Highland Village appreciation rates have trailed the rest of the nation. In the last twelve months, Highland Village's appreciation rate has been 1.07%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Highland Village were at -0.34%, which equates to an annual appreciation rate of -1.36%.
Relative to Texas, our data show that Highland Village's latest annual appreciation rate is lower than 80% of the other cities and towns in Texas.
$532,984
for Texas
for nation
5,316
$3,140 / per month