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
With 16,149 people, 5,122 houses or apartments, and a median cost of homes of $313,671, Highland Village real estate is some of the most expensive in Texas, although Highland Village home values aren't among America's most expensive.
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 94.17% of Highland Village's homes, and 77.04% 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 ( 25.57%). A lesser amount of the housing stock also hails from between 1940-1969 ( 6.54%).
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 44.82% over the last ten years, which is an average annual home appreciation rate of 3.77%, putting Highland Village in the top 10% 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.
Appreciation rates are so strong in Highland Village that despite a nationwide downturn in the housing market, Highland Village real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Highland Village appreciation rates continue to be some of the highest in America, at 9.87%, which is higher than appreciation rates in 93.56% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Highland Village. Highland Village appreciation rates in the latest quarter were at 2.35%, which equates to an annual appreciation rate of 9.75%.
Importantly, this makes Highland Village one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to Texas, our data show that Highland Village's latest annual appreciation rate is higher than 80% of the other cities and towns in Texas.
|$981,001 - $1,308,000||1.2|
|$654,001 - $981,000||8.2|
|$523,001 - $654,000||10.1|
|$393,001 - $523,000||23.2|
|$262,001 - $393,000||35.0|
|$131,001 - $262,000||18.4|
|$66,001 - $131,000||0.3|
|$0 - $66,000||1.6|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Highland Village HOMES|
|2000 or Newer||25.6|
|1970 - 1999||67.2|
|1940 - 1969||6.5|
|1939 or Older||0.7|
|TYPE OF Highland Village HOMES|
|Small Apt. Buildings||0.3|
|SIZE OF Highland Village HOMES|
|5 or more bedrooms||18.28|