Highland Lakes Housing Market Report May 2025•Pinellas County, Florida

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Housing Prices in Highland Lakes, FL

How much do homes in Highland Lakes, FL cost?

Housing Market Conditions

Is Highland Lakes, FL a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Highland Lakes is a Buyer's Market

Difference Since May 2024

At the same time last year, Highland Lakes was a Seller's Market.

Insight

Highland Lakes is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$349,950$249/SqFt
-$14,050
-3.9%

Based on all homes sold in the last 12 months

Insight

Homes in Highland Lakes have sold for 3.9% less than they did a year ago.

Summary: The median home sold price in Highland Lakes was $349,950 in May 2025, down 3.9% from last year, and the median price per square foot was $249.

Median Sold Price By Neighborhoods

Median Sold Price By Neighborhoods
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Bentley Park
+19.6%
Rustic Oaks
+5.5%
Highland Lakes
-3.9%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMay 2024May 2025Change YoY
1$167.5K$159.5K
-4.8%
2$355K$348.7K
-1.8%
3$484.9K$461.5K
-4.8%
4$668.5K$550K
-17.7%
5$817.5K-
N/A

Summary: Highland Lakes housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -4.8%. The home price for 2 bedroom homes decreased by -1.8%. The home price for 3 bedroom homes decreased by -4.8%. The home price for 4 bedroom homes decreased by -17.7%. The home price for 5 bedroom homes did not change.

How does Highland Lakes, FL compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Highland Lakes, FL

Housing supply in Highland Lakes, FL

How many homes are available in Highland Lakes, FL?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
110Last MonthMay 2025
1152 months agoApr 2025
-4.3 %
Change MoMApr – May

Summary: The Highland Lakes real estate market had 110 homes for sale in May 2025, a 4.3 % decrease compared to Apr 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
12Last MonthMay 2025
212 months agoApr 2025
-42.9 %
Change MoMApr – May

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsApr 2025May 2025Change MoM
156
+20.0%
29792
-5.2%
31312
-7.7%
400
0.0%
500
0.0%

Summary: Highland Lakes housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +20.0%. The inventory for 2 bedroom homes decreased by -5.2%. The inventory for 3 bedroom homes decreased by -7.7%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Highland Lakes, FL cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price4 Homes

Under Asking Price7 Homes

Insight

If you're buying a home in Highland Lakes, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Highland Lakes in May 2025, down by 42.9% month-over-month. Of the 12 sold homes, 58% were sold under asking, 33% were sold at asking, and and 8% were sold over asking.

Days on Market for Highland Lakes, FL

How long does it take to sell a home in Highland Lakes, FL?

Breakdown of Home Sale Times

Under 30 Days6 Homes

30 – 90 Days3 Homes

Over 90 Days3 Homes

Insight

Many homes in Highland Lakes are selling fast, if you're buying plan to act quickly.

Summary: During May 2025, 12 homes were sold in Highland Lakes; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
59 DaysThis YearMay 2025
62 Days1 year agoMay 2024
-4.0 %
Change YoYMay 2024 – May 2025

Summary: Homes in Highland Lakes had an average listing age of 59 days in May 2025, down by 4.0% compared to the previous year.

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Newest Listings in Highland Lakes, FL

What homes are available in Highland Lakes, FL?

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MLS Disclaimers and Copyright

Based on information from Stellar MLS, for the period 06/01/2023 - 06/01/2025

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/4/2025, 4:34:39 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.