The Lake Highlands housing market is somewhat competitive. The median sale price of a home in Lake Highlands was $545K last month, up 17.8% since last year. The median sale price per square foot in Lake Highlands is $260, up 10.4% since last year.
What is the housing market like in Lake Highlands today?
In October 2024, Lake Highlands home prices were up 17.8% compared to last year, selling for a median price of $545K. On average, homes in Lake Highlands sell after 40 days on the market compared to 27 days last year. There were 208 homes sold in October this year, up from 206 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$545,000
+17.8% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Lake Highlands, TX
$545,000
+17.8%
United States
To compare other locations to the Lake Highlands and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Dallas add value to a home.
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How hot is the Lake Highlands housing market?
Lake Highlands is somewhat competitive. Homes sell in 37 days.
0
100
54
Somewhat 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 3 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 37 days.
Hot homes
can sell for around list price and go pending in around 18 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Lake Highlands, TX
97.3%
-1.2 pt
United States
Schools in Lake Highlands
Learn about schools in the Lake Highlands area
Elementary
Middle
High
GreatSchools Rating
7/10
Bradfield Elementary School
Public • PreK-5
465
Students
19 reviews
7/10
Lake Highlands Elementary School
Public • PreK-6
738
Students
9 reviews
7/10
Jack Lowe Senior Elementary School
Public • PreK-5
550
Students
7 reviews
7/10
White Rock Elementary School
Public • PreK-6
967
Students
10 reviews
6/10
Thurgood Marshall Elementary School
Public • PreK-6
507
Students
2 reviews
Only showing 5 of
22 elementary schools.
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 Lake Highlands housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lake Highlands.
Flood Factor - Minor
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lake Highlands has a minor risk of flooding. 1,201 properties in Lake Highlands are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in Lake Highlands. Flood risk is increasing slower than the national average.
6% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lake Highlands has a moderate risk of wildfire. There are 983 properties in Lake Highlands that have some risk of being affected by wildfire over the next 30 years. This represents 6% of all properties in Lake Highlands.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Lake Highlands has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lake Highlands is most at risk from hurricanes. 16,083 properties in Lake Highlands have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 82 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 87 mph.