Highland Village, TX—75077
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Highland Village, TX
As of Oct '25, the median home price in Highland Village, TX is $480,000, with a year-over-year change of -3.2%. This indicates that home prices in Highland Village, TX are decreasing. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $480,000 | -3.2% |
| Single Family | $480,000 | -3.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $370,000 | -2.6% |
3 Bed | $391,000 | -4.6% |
4 Bed | $559,000 | -3.1% |
| 5 Bed | $793,000 | -2.2% |
% of Housing Stock
Rental Trends — Highland Village, TX
As of July '25, Rentcast reports the average rent in Highland Village, TX is $2,260, with a year-over-year rent change of -4.6%. Per bedroom, the median rent as of July '25 in Highland Village, TX is 1-bedrooms: $1,380, 2-bedrooms: $1,760, 3-bedrooms: $2,420, 4-bedrooms: $3,260. The most common rental property sizes in Highland Village, TX are 2-bedroom and 3-bedroom, accounting for 35.0% and 25.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,120 | $2,260 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,370 | $1,380 |
| 2 Bed Rent | $1,730 | $1,760 |
| 3 Bed Rent | $2,410 | $2,420 |
| 4 Bed Rent | $2,800 | $3,260 |
% of Rental Stock
Property Listings — Highland Village, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Highland Village, TX is 52. This is a increase of 14.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $484,000 | 0.0% |
Listing Count | 163 | 27.0% |
| Listings as % of Homes | 0.8% | 27.0% |
Days on Market | 52 | 14.0% |
Demographics — Highland Village, TX
As of the latest ACS Survey released in 2023, Highland Village, TX has a population of 40,900, which has increased by 10.3% over the past 5 years. Highland Village, TX is a moderately popular place for families, as children make up 23.6% of the population. The area has a highly educated workforce, with 47.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 40,900 | 10.3% |
% Under 18 | 23.6% | 0.9% |
% Seniors | 15.2% | 20.6% |
% WFH | 20.4% | 104.0% |
% w/ College Degree | 47.9% | 1.3% |
As of the latest ACS Survey released in 2023, Highland Village, TX is a predominantly white area, with 67.7% of the population identifying as white. The white population has shrunk by 6.7% in the last 5 years. The second most common race or ethnicity in Highland Village, TX is hispanic, making up 15.1% of the population. Foreign-born residents account for 11.8% of the population in Highland Village, TX, and this percentage has increased by 26.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 67.7% | -6.7% |
% Black | 6.4% | -11.1% |
% Hispanic | 15.1% | 38.5% |
% Asian | 6.8% | 15.3% |
% Foreign Born | 11.8% | 26.9% |
Mortgage and Risk — Highland Village, TX
According to HUD data as of 2023, there were 637 mortgage originations in Highland Village, TX, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Highland Village, TX. Investor activity is low, as 2.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 637 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Highland Village, TX
As of 2024, the percent of homes in Highland Village, TX under the Section 8 program is 3.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Highland Village, TX, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 98 |
Total Units Section 8 | 98 |
% Rentals under Section 8 | 3.8% |
% Occupied Section 8 | 76.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $510 | $1,370 | $1,880 |
| 2 Bedroom | $480 | $1,730 | $2,210 |
| 3 Bedroom | $360 | $2,410 | $2,770 |
| 4 Bedroom | $760 | $2,800 | $3,560 |
Affordability — Highland Village, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $480,000 |
| Median Household Income | $121,000 |