What to Expect from the Highland Village, TX Housing Market in 2026

If you're looking into buying a home in Highland Village, TX right now, here's the short version: prices are up, inventory is tight, and the median sale price is hovering around $645,000 - well above what you'd pay in most of the Dallas-Fort Worth metro. That's the reality as of mid-2026, and it's been consistent enough that you need to walk in with clear expectations, not wishful thinking.

Homes are going under contract in just under a month. That's not a fluke - demand has stayed solid despite whatever the broader economy is doing. Whether you're buying or selling in this Denton County community, the numbers tell a pretty specific story.

Current Conditions in the Highland Village Real Estate Market

June 2026 data shows 67 homes sold in Highland Village, with 58 active listings on the market. That works out to about 2.6 months of supply - and if you know anything about real estate, you know that's solidly seller's territory.

A balanced market needs four to six months of supply to give buyers and sellers roughly equal footing. At 2.6 months, you're not there. Sellers still hold the negotiating advantage, though buyers do have a few more options than they did during the worst of the inventory crunches in recent years. That's a small consolation, but it's real.

Who Has the Advantage: Buyers or Sellers?

Sellers, full stop. Homes are averaging 99% of their list price, which means deep discounts aren't happening. If you're a buyer hoping to negotiate a seller down significantly, you'll need to find a property that's been sitting - and even then, don't count on it.

Bidding wars are less common than they were a couple of years ago, but about 26% of homes still sell above asking. Updated properties near the lake tend to attract the most competition. Come in prepared.

How Local Prices Stack Up Against the Dallas-Fort Worth Metro

The broader Dallas-Fort Worth metro median sits at around $395,000 as of mid-2026. Highland Village's median of $645,000 is a significant step above that. You're paying for Denton County's positioning, larger lots, and proximity to Lewisville Lake - and the market has consistently priced those things accordingly.

What Homes Cost in Highland Village Right Now

The median sale price hit roughly $645,000 in June 2026, up 6.25% from the same time last year. That's a meaningful year-over-year gain, and it's held up even as some other DFW submarkets have softened.

Depending on which data source you use, the averages shift a bit. Zillow puts the average home value around $583,000, while other local market snapshots show averages climbing closer to $872,000 for higher-end segments. The mix of homes sold in any given month can move those averages around, which is why the median tends to be the more useful number.

Understanding the Median Sale Price

The median is straightforward: half the homes in Highland Village sell for more than $645,000, half sell for less. It gives you a realistic anchor for what a standard single-family home costs in the 75077 zip code. If you're shopping luxury or waterfront, plan to go well above that figure.

Price Per Square Foot and Average Values

Recent data puts the median list price per square foot between $218 and $243. Where a specific home lands in that range comes down to its condition, age, and exact location within the city. Fully renovated homes tend to push toward the top of that spread.

Recent Shifts in Inventory and Sales Speed

Pace matters here. In June 2026, the median days on market in Highland Village was 27 - under a month from list to contract. Some localized reports from 2025 showed homes sitting as long as 79 days, so the current 27-day median is a notable tightening. Appropriately priced homes are moving.

Inventory and Months of Supply

Fifty-eight active listings is an improvement from recent historic lows, but it still only gets you to 2.6 months of supply. That's enough to give buyers a little breathing room compared to a year or two ago, but not enough to shift the balance. If you're buying, check new listings daily - good properties don't sit.

Days on Market and Sales Velocity

Twenty-seven days is fast. Sellers who price correctly can reasonably expect a contract within the month. Sellers who push too high will sit, and sitting usually leads to price cuts that end up costing more than pricing right from the start would have.

For buyers, the math is simple: if you see something you like, you don't have a week to think about it.

Affordability and Income Requirements for Local Buyers

This isn't a starter-home market. The estimated median household income in Highland Village ranges from $160,000 to $168,000, according to recent Census Bureau and City-Data estimates - which is substantially higher than the Dallas-Fort Worth metro median of roughly $90,275. The local income levels and the local home prices aren't a coincidence; they move together.

Budgeting for a Highland Village Home

A $645,000 purchase comes with carrying costs that go beyond the mortgage: property taxes, insurance, and potential HOA fees all add up. Get pre-approved and know your exact number before you start touring. Targeting the right homes in the 75077 zip code is a lot easier when you're not guessing at your budget.

Assessing Highland Village Real Estate as an Investment

Median prices are up 6.25% year-over-year as of mid-2026, and the structural reasons for that aren't hard to find. Development around Lewisville Lake is constrained - builders can't easily add supply - so existing homes benefit from steady demand. That's a meaningful long-term factor.

Long-Term Market Stability

No market is immune to a broader economic shock. But Highland Village's combination of low inventory at 2.6 months of supply and strong local income levels does provide a real buffer against steep price drops. Quick-flip investors will find the high entry prices challenging. For long-term holds, the environment has been consistently favorable.

Advice for Buying and Selling in the 75077 Zip Code

With homes selling at 99% of list price, neither side has much room for wishful thinking. Sellers need to present a move-in ready property if they want the strongest offers. Buyers need their pre-approval in hand and a clear sense of what they're looking for before something hits the market - not after.

Timing Your Sale or Purchase

Spring and early summer bring the highest buyer traffic for sellers. Winter slows down, but it also thins out the competition for buyers. The tradeoff is fewer active listings to choose from - right now that pool is 58 homes, so monitoring it regularly is the only way to catch new opportunities as they come in.

Structuring a Competitive Offer

With 26% of homes selling above asking, talk to your agent about what actually makes an offer stand out - flexible closing dates, fewer contingencies, and financing strength all matter. Sellers sorting through multiple offers should look past the headline number. A strong offer from a well-qualified buyer on a workable timeline is worth more than a slightly higher number from a shaky one.

Frequently Asked Questions About Highland Village Real Estate

Are homes in Highland Village, TX currently selling over asking price?

Yes, some are. Recent data shows about 26% of homes in Highland Village sell above their list price, while the average home sells for roughly 99% of the asking price.

How much are property taxes for a typical house in Highland Village?

It depends on the specific home's assessed value. Buyers should check the Denton County tax assessor's website for exact property tax amounts on individual listings.

How long are homes sitting on the market in Highland Village before going under contract?

Homes are moving quickly right now. As of mid-2026, the median time on market in Highland Village is 27 days.

How does the Highland Village housing market compare to neighboring Flower Mound?

It depends on which neighborhoods you're comparing. Buyers should review active listings and median prices in both Denton County communities to see which aligns best with their budget.

Are foundation issues a common red flag when buying an older home in Highland Village?

It depends on the specific property. Always hire a licensed inspector to evaluate the foundation and structural integrity of any home before you close.

How much of a down payment do I need to be a competitive buyer in Highland Village right now?

It depends on your loan type and financial situation. With the median home price around $645,000, talk to a lender to figure out the right down payment strategy for your budget.