106 homes sold in Highland Lakes in the last year, at a typical $703K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Highland Lakes homes are listed.
Every place Highland Lakes homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Highland Lakes.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 100% of Highland Lakes’ sales, at a typical $703K
106 homes sold in the year to May 2026.
typical sale · 106 sold in 12 months
- Per square foot
- $205AL $155
- Days to sell
- 63
- Sold over asking
- 16%
- Listings with a price cut
- 24%
Fewer homes sell than a decade ago, at 1.8 times the 2016 price
106 sales in the last year, against 183 in 2014 and a low of 92 in 2024. The typical sale went from $400K in 2016 to $703K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $700K buys in Highland Lakes
Check a listing against what Highland Lakes homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Highland Lakes are back to pre-pandemic levels, but 60% fewer homes come up for sale
We read every month of Highland Lakes’ home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 106 sales.
If you’re buying in Highland Lakes
- Shop in June. It brings about 18 new listings a month, close to the busiest month, with fewer bidding wars (20% over asking).
- You can negotiate. 24% of listings have cut their price, against 17% before the pandemic.
- Bid near asking. Buyers paid 98.8% of the list price on average; 16% paid over.
- You’ll usually have time. Only 39% of homes go under contract within two weeks; the typical one takes 63 days.
Spring brings both the most homes and the most bidding wars
March has the most new listings (about 19 a month), and the most competition: 29% close over asking. May and June offer nearly as much choice with fewer homes bid up (24%). November has the least competition (16%) but only about 8 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Alabama as a whole
| Highland Lakes now | 2017–19 | 2021 peak | AL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 16% | 14% | 46% | 17% |
| Gone within two weeksShare of homes under contract within 14 days | 39% | 13% | 41% | 26% |
| Listings with a price cutShare of homes for sale that cut their price | 24% | 17% | 10% | 23% |
| Price paid vs. askingAverage sale price ÷ list price | 98.8% | 98.1% | 100.9% | 97.4% |
| Days to sellMedian days from listing to contract | 63 | 139 | 56 | 66 |
31 homes for sale on a typical day
That’s 60% fewer than in 2017–19 and well under 2016’s 97.
1 in 4 listings has cut its price
24% in the last year, against 17% in 2017–19 and 23% across Alabama. More sellers are pricing high and coming down.
Highland Lakes ranks 66th of 119 busy Alabama markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Highland Lakes is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Highland Lakes home costs about $3,889 a month
Price: Highland Lakes’ typical sale, last 12 months. Property tax at Highland Lakes’ 0.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Highland Lakes is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in March
The month with the most choice. December has the fewest, about 6.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $703K home, about $2,650 a year.
Taxes vs. neighborsSchools
The schools grade for Highland Lakes, from test results, graduation and how much students grow.
Schools in Highland LakesTypical commute
The average one-way trip to work for people who live in Highland Lakes.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Eagle Point, Meadowbrook, Brook Highland and Chelsea sell for less a square foot
The busier markets within 25 miles of Highland Lakes, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Chelsea | 454 | $364K | $175 | 15% | 66 |
| Meadowbrook | 129 | $446K | $166 | 28% | 50 |
| Highland Lakes | 106 | $703K | $205 | 16% | 63 |
| Shoal Creek | 82 | $765K | $238 | 22% | 80 |
| Brook Highland | 59 | $424K | $173 | 12% | 62 |
| Eagle Point | 57 | $565K | $192 | 30% | 57 |
| Indian Springs Village | 23 | $641K | $213 | 26% | 95 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Highland Lakes, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Highland Lakes. People who follow the town see it, and so do people comparing Highland Lakes with their own town. No commission, no listing fee.
Questions about buying a home in Highland Lakes
What do homes sell for in Highland Lakes, AL?
106 homes sold in the year to May 2026 at a typical $703K, $205 a square foot.
Is Highland Lakes a buyer’s or seller’s market?
A balanced market: 38 homes were for sale in May 2026 and 9 sold, about 4.2 months of supply. Buyers paid 98.8% of asking on average, and 24% of listings cut their price.
When is the best time to buy in Highland Lakes?
March brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Highland Lakes?
About 0.4% of a home’s value a year. On a $703K home that’s near $2,650.
Where can I see homes for sale in Highland Lakes?
Zillow, Redfin, Realtor.com and Homes.com all carry Highland Lakes’ MLS listings; the search links above open each one filtered to Highland Lakes.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).