With only 1.5 months of inventory, Highland Lake remains a seller's market. The median home price in Highland Lake currently stands at $362,500. At the current pace, all available homes in Highland Lake would sell out in just 1.5 months, indicating a continued supply shortage. Homes are taking about 48 days to sell, which is NaN days longer than this time last year. A significant 33.3% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Highland Lake market with the affordability index at 7360.4. Based on current market indicators, home prices in Highland Lake are projected to increase by approximately 3.3% over the next month.