Highland Park Home Values
Texas
Highland Park Market Snapshot
| Median Sale Price $3,327,848 ▲ 8.1% YoY | Price per Sq Ft $799 median $/sqft | Days on Market 13 list to contract | Sale-to-List 97.6% of original asking |
| Active 42 listings | New 0 30 days | Closed 0 30 days | Pending 0 30 days | Supply 7.4 months | Absorption 21.4% monthly | Over List 0% sold above | Under List 29.9% sold below | Concessions 9.2% % of solds | Avg Concession $19,763 seller paid |
Source: NTREIS MLS • Excludes leases • Apr 2026
Highland Park Market Trends
Where Prewar Bones Meet Seven-Figure Renovations
Highland Park's housing stock splits cleanly between two eras: prewar traditionals and Tudors from the 1920s through 1940s, many taken to the studs and rebuilt with designer finishes, and ground-up construction from boutique builders like McKinley, Byers, and Hawkins-Welwood. Oversized lots along the French Streets and near Dallas Country Club command the highest premiums, while Crestpark condos and Mews townhomes offer lock-and-leave alternatives inside HPISD boundaries. Architectural styles range from Cape Cod and Mediterranean to French transitional, with stucco exteriors, barrel tile roofs, and Versailles-pattern wood flooring appearing across price points.
Highland Park is behaving like two markets at once. The trailing twelve months show healthy demand with properties settling near asking price, but the most recent quarter reveals softening — rising supply and fewer closings suggest buyers are growing selective in the upper brackets. Sellers are still recovering nearly all of their asking price, and meaningful year-over-year appreciation confirms the town's pricing power hasn't cracked. The near-absence of over-ask sales, however, signals that bidding wars have cooled and negotiation leverage is tilting back toward buyers, particularly on homes above the median.
If you're listing in Highland Park, presentation is everything — buyers here expect turnkey finishes and will penalize deferred maintenance with longer days on market. Price precisely at comparable closed sales rather than aspirationally; the data shows almost no homes trading above ask. Homes zoned to Bradfield and Armstrong elementary draw the deepest buyer pools, so lead with school assignment in your marketing. Consider staging furnished if your home is a prewar renovation — the listings generating the fastest activity right now combine period architecture with move-in-ready interiors.
Zip Codes in Highland Park
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Market data last updated Apr 2, 2026, 12:22 PM CDT
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