Highland Park, TX housing market
The typical Highland Park home is worth about $3,040,000, up 6.8% in a year, 915% above the Texas typical home. Homes typically sell in 15 days, close to asking.
Home values, sales, trends and how Highland Park compares with the towns next door — updated as new data is published.
Highland Park at a glance
A balanced market
About 4.9 months of supply: neither buyers nor sellers have a clear edge.
Typical home value, 2016–2026
Show as a table
| January | Highland Park | Texas |
|---|---|---|
| 2017 | $1,440,000 | $190,000 |
| 2018 | $1,468,000 | $202,000 |
| 2019 | $1,494,000 | $214,000 |
| 2020 | $1,480,000 | $223,000 |
| 2021 | $1,601,000 | $242,000 |
| 2022 | $1,995,000 | $286,000 |
| 2023 | $2,317,000 | $313,000 |
| 2024 | $2,632,000 | $311,000 |
| 2025 | $2,822,000 | $311,000 |
| 2026 | $2,941,000 | $303,000 |
| August 2026 | $3,040,000 | $299,000 |
22 new homes permitted in 2025
Builders were permitted 22 new homes in Highland Park in 2025, all single-family houses, worth about $6.5 million to build. That's 2.5 per 1,000 residents, slower than across Texas (8.1). Over the past 10 years, Highland Park has permitted 294 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Highland Park gained 300 residents while 351 new homes were permitted: about 0.9 new residents per new home. Building outpaced population growth, which usually means smaller households or homes used part of the year. Across Texas: 2.6 new residents per new home.
How Highland Park ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 22 | 22 | 0 | $6.7 million |
| 2025 | 22 | 22 | 0 | $6.5 million |
| 2024 | 20 | 20 | 0 | $53.3 million |
| 2023 | 27 | 27 | 0 | $69.7 million |
| 2022 | 28 | 26 | 2 | $62.2 million |
| 2021 | 30 | 30 | 0 | $7.2 million |
| 2020 | 31 | 31 | 0 | $15 million |
| 2019 | 48 | 25 | 23 | $44.3 million |
| 2018 | 27 | 23 | 4 | $42.2 million |
| 2017 | 31 | 31 | 0 | $67.9 million |
| 2016 | 30 | 23 | 7 | $37.1 million |
| 2015 | 28 | 28 | 0 | $51.6 million |
| 2014 | 99 | 37 | 62 | $71.1 million |
| 2013 | 30 | 30 | 0 | $36.4 million |
| 2012 | 25 | 25 | 0 | $32.9 million |
| 2011 | 19 | 19 | 0 | $54.2 million |
| 2010 | 14 | 14 | 0 | $38.9 million |
| 2009 | 12 | 12 | 0 | $19.7 million |
| 2008 | 30 | 30 | 0 | $38.6 million |
| 2007 | 71 | 71 | 0 | $63.3 million |
| 2006 | 45 | 39 | 6 | $37.1 million |
| 2005 | 101 | 44 | 57 | $63.2 million |
| 2004 | 32 | 32 | 0 | $27.4 million |
| 2003 | 36 | 36 | 0 | $29.6 million |
| 2002 | 27 | 27 | 0 | $24.3 million |
| 2001 | 33 | 33 | 0 | $35.6 million |
| 2000 | 25 | 25 | 0 | $19 million |
How Highland Park ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Highland Park and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Highland Park | $3.04M | +6.8% | $2,820 | 22 | $250,001 |
| University Park | $2.47M | +8.6% | $2,890 | 52 | $250,001 |
12.2 years of income
The typical Highland Park home costs about 12.2 years of the town's median household income, more than across Texas (3.8 years).
How Highland Park ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $2,820
HUD's Fair Market Rent for a two-bedroom in Highland Park is $2,820 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Highland Park pay a median of $1,940, so moving in tends to cost more than staying put. A two-bedroom takes about 14% of the town's median household income.
Studio $2,310 · 4 bedrooms $4,510
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (75205, 75209, 75219; Dallas, TX HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.