The Highland Terrace housing market is very competitive. The median sale price of a home in Highland Terrace was $741K last month, down 7.3% since last year. The median sale price per square foot in Highland Terrace is $463, down 2.4% since last year.
What is the housing market like in Highland Terrace today?
In April 2024, Highland Terrace home prices were down 7.3% compared to last year, selling for a median price of $741K. On average, homes in Highland Terrace sell after 8 days on the market compared to 22 days last year. There were 8 homes sold in April this year, up from 3 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$740,925
-7.3% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Highland Terrace, WA
$740,925
-7.3%
United States
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How hot is the Highland Terrace housing market?
Highland Terrace is very competitive. Homes sell in 8 days.
0
100
87
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 8 days.
Hot homes
can sell for about 4% above list price and go pending in around 5 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Highland Terrace housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Highland Terrace.
Risk Factor
Flood Factor - Moderate
6% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Highland Terrace has a moderate risk of flooding. 34 properties in Highland Terrace are likely to be
severely affected
by flooding over the next 30 years. This represents 6% of all properties in Highland Terrace. Flood risk is increasing slower than the national average.
28% of properties are at risk of wildfire over the next 30 years
Fire Factor
Highland Terrace has a minor risk of wildfire. There are 205 properties in Highland Terrace that have some risk of being affected by wildfire over the next 30 years. This represents 28% of all properties in Highland Terrace.
Highland Terrace has minimal risk of severe winds over the next 30 years
Wind Factor
Highland Terrace has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
74% of properties are at minor
risk of heat over the next 30 years
Heat Factor
Highland Terrace has a minor risk from heat. This is due to
"feels like" temperatures
increasing, and because 74% of homes in Highland Terrace have a Minor Heat Factor®.
Highland Terrace is expected to see a 128% increase in the number of days over 86ºF over the next 30 years. Highland Terrace is expected to experience 9