Highlands, TX—77562
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Highlands, TX
As of Oct '25, the median home price in Highlands, TX is $217,000, with a year-over-year change of -4.5%. This indicates that home prices in Highlands, TX are decreasing. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $217,000 | -4.5% |
| Single Family | $217,000 | -4.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $156,000 | -6.0% |
3 Bed | $220,000 | -3.1% |
4 Bed | $278,000 | -3.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Highlands, TX
As of July '25, Rentcast reports the average rent in Highlands, TX is $1,440, with a year-over-year rent change of -3.4%. Per bedroom, the median rent as of July '25 in Highlands, TX is 1-bedrooms: $757, 2-bedrooms: $1,310, 3-bedrooms: $1,670, 4-bedrooms: $2,100. The most common rental property sizes in Highlands, TX are 3-bedroom and 2-bedroom, accounting for 48.2% and 37.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,440 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $800 | $757 |
| 2 Bed Rent | $1,400 | $1,310 |
| 3 Bed Rent | $1,700 | $1,670 |
| 4 Bed Rent | $2,100 | $2,100 |
% of Rental Stock
Property Listings — Highlands, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Highlands, TX is 67. This is a increase of 18.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $276,000 | 3.0% |
Listing Count | 48 | 0.0% |
| Listings as % of Homes | 1.1% | 0.0% |
Days on Market | 67 | 18.0% |
Demographics — Highlands, TX
As of the latest ACS Survey released in 2023, Highlands, TX has a population of 9,800, which has decreased by -5.5% over the past 5 years. Highlands, TX is a moderately popular place for families, as children make up 24.5% of the population. The area has a poorly educated workforce, with 11.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,800 | -5.5% |
% Under 18 | 24.5% | -0.8% |
% Seniors | 17.7% | 16.4% |
% WFH | 2.9% | 61.1% |
% w/ College Degree | 11.5% | 0.0% |
As of the latest ACS Survey released in 2023, Highlands, TX is a predominantly white area, with 47.9% of the population identifying as white. The white population has shrunk by 10.5% in the last 5 years. The second most common race or ethnicity in Highlands, TX is hispanic, making up 37.6% of the population. Foreign-born residents account for 15.4% of the population in Highlands, TX, and this percentage has decreased by 9.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 47.9% | -10.5% |
% Black | 7.3% | 58.7% |
% Hispanic | 37.6% | -7.8% |
% Asian | 0.2% | -33.3% |
% Foreign Born | 15.4% | -9.4% |
Mortgage and Risk — Highlands, TX
According to HUD data as of 2023, there were 231 mortgage originations in Highlands, TX, of which 55.0% of loans were conventional mortgages. The average loan-to-value was 83.0%, with 61.0% above 90% LTV (very high). This implies large mortgage risk in Highlands, TX. Investor activity is low, as 4.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 231 |
% Conventional Loans | 55.0% |
% Government Loans | 45.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Highlands, TX
As of 2024, the percent of homes in Highlands, TX under the Section 8 program is 1.1%. 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. 1-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Highlands, TX, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 11 |
Total Units Section 8 | 11 |
% Rentals under Section 8 | 1.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $250 | $800 | $1,050 |
| 2 Bedroom | -$140 | $1,400 | $1,260 |
| 3 Bedroom | -$20 | $1,700 | $1,680 |
| 4 Bedroom | $20 | $2,100 | $2,120 |
Affordability — Highlands, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $217,000 |
| Median Household Income | $63,600 |