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Housing in Highlands

94 homes sold in Highlands in the last year, at a typical $623K

Houses and condos split the market almost evenly. 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 Highlands homes are listed.

Homes sold
94
June 2025 to May 2026
Typical sale price
$623K
houses $789K · condos $508K
Price per square foot
$448
New Jersey $339
Paid vs. asking
100.8%
36% sold over asking
For sale now
17
May 2026 · 9 sold that month
What sold · last 12 months

Half of Highlands’ sales are condos, at $281K less than a house

41 houses and 49 condos sold in the year to May 2026. Condos sell faster. Houses draw more bidding wars.

Houses$789K

typical sale · 41 sold in 12 months

Per square foot
$491NJ $331
Days to sell
41
Sold over asking
49%
Listings with a price cut
20%
Condos$508K

typical sale · 49 sold in 12 months

Per square foot
$424NJ $450
Days to sell
31
Sold over asking
24%
Listings with a price cut
33%
Fewer sales

Multi-family (2–4 units): 4 sold, typical $628K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at 3.1 times the 2016 price

94 sales in the last year, against 145 in 2017 and a low of 60 in 2013. The typical sale went from $204K in 2016 to $623K.

Homes soldTypical sale price
03775112150$250K$400K$550K$700K2012: 65 sold, typical $218K’122013: 60 sold, typical $198K2014: 85 sold, typical $190K’142015: 110 sold, typical $213K2016: 112 sold, typical $204K’162017: 145 sold, typical $219K2018: 144 sold, typical $316K’182019: 141 sold, typical $313K2020: 134 sold, typical $350K’202021: 126 sold, typical $371K2022: 128 sold, typical $477K’222023: 96 sold, typical $475K2024: 92 sold, typical $519K’242025: 93 sold, typical $586KLast 12 months: 94 sold, typical $623KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $600K buys in Highlands

Houseat $491 a sq ft
Condoat $424 a sq ft
The same money in New Jerseyat $331 a sq ft

Is this asking price fair?

Check a listing against what Highlands 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.

What the sales history says · 14 years of sales

Bidding wars in Highlands are more common than before the pandemic, but two thirds fewer homes come up for sale

We read every month of Highlands’ 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, 94 sales.

If you’re buying in Highlands

  • Shop in April. It brings about 17 new listings a month, close to the busiest month, with fewer bidding wars (19% over asking).
  • You can negotiate. 24% of listings have cut their price, against 20% before the pandemic.
  • Bid near asking. Buyers paid 100.8% of the list price on average; 36% paid over.
  • You’ll usually have time. Only 30% of homes go under contract within two weeks; the typical one takes 33 days.
Best time to buy

Summer brings the homes; spring brings the bidding wars

June has the most new listings (about 18 a month), but March is the most competitive: 34% of March sales close over asking. April offers nearly as much choice with fewer homes bid up (19%). April has the least competition (19%).

New listings a monthShare sold over asking
0510152013%27%40%Sweet spotJan: 11 new listings a month, 24% sold over asking, 75 days to sellJFeb: 10 new listings a month, 22% sold over asking, 68 days to sellFMar: 16 new listings a month, 34% sold over asking, 86 days to sellMApr: 17 new listings a month, 19% sold over asking, 55 days to sellAMay: 17 new listings a month, 29% sold over asking, 51 days to sellMJun: 18 new listings a month, 30% sold over asking, 36 days to sellJJul: 12 new listings a month, 29% sold over asking, 39 days to sellJAug: 14 new listings a month, 32% sold over asking, 36 days to sellASep: 14 new listings a month, 26% sold over asking, 53 days to sellSOct: 11 new listings a month, 23% sold over asking, 57 days to sellONov: 9 new listings a month, 26% sold over asking, 42 days to sellNDec: 5 new listings a month, 26% sold over asking, 55 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and calmer than New Jersey

Highlands now2017–192021 peakNJ now
Sold over askingShare of sales that closed above the list price36%19%40%48%
Gone within two weeksShare of homes under contract within 14 days30%19%32%31%
Listings with a price cutShare of homes for sale that cut their price24%20%15%17%
Price paid vs. askingAverage sale price ÷ list price100.8%97.4%100.5%101.2%
Days to sellMedian days from listing to contract33494245
Supply

17 homes for sale on a typical day

That’s 65% fewer than in 2017–19 and well under 2014’s 77.

2012: 68 for sale’122013: 71 for sale2014: 77 for sale2015: 63 for sale’152016: 58 for sale2017: 51 for sale2018: 55 for sale’182019: 39 for sale2020: 24 for sale2021: 21 for sale’212022: 25 for sale2023: 18 for sale2024: 16 for sale’242025: 20 for saleLast 12 months: 17 for saleNow
Room to negotiate

1 in 4 listings has cut its price

24% in the last year, against 20% in 2017–19 and 17% across New Jersey.

2015: 17%’152016: 19%2017: 19%2018: 21%’182019: 20%2020: 19%2021: 15%’212022: 14%2023: 18%2024: 24%’242025: 24%Last 12 months: 24%Now
Prices by type

Since 2019, houses are up 94%, condos 82%

A house typically sold for $789K in the last year (41 sales), a condo for $508K (49).

$300K$500K$700K$900K2013201520172019202120232025NowHouses 2013: $171K, 30 salesHouses 2014: $178K, 37 salesHouses 2015: $264K, 47 salesHouses 2016: $214K, 54 salesHouses 2017: $220K, 70 salesHouses 2018: $357K, 68 salesHouses 2019: $406K, 60 salesHouses 2020: $441K, 67 salesHouses 2021: $487K, 48 salesHouses 2022: $559K, 65 salesHouses 2023: $593K, 39 salesHouses 2024: $671K, 44 salesHouses 2025: $732K, 37 salesHouses last 12 months: $789K, 41 salesHouses $789KCondos 2013: $209K, 25 salesCondos 2014: $197K, 44 salesCondos 2015: $199K, 58 salesCondos 2016: $204K, 54 salesCondos 2017: $230K, 72 salesCondos 2018: $273K, 70 salesCondos 2019: $279K, 77 salesCondos 2020: $277K, 63 salesCondos 2021: $331K, 73 salesCondos 2022: $364K, 57 salesCondos 2023: $412K, 52 salesCondos 2024: $423K, 48 salesCondos 2025: $533K, 50 salesCondos last 12 months: $508K, 49 salesCondos $508K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across New Jersey

Highlands ranks 225th of 299 busy New Jersey markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Highlands is one of the state’s calmer markets.

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.

Rent or buy?

Owning the typical Highlands home costs about $4,273 a month

Mortgage
Property tax
Insurance
Rent

Price: Highlands’ typical sale, last 12 months. Property tax at Highlands’ 2% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Highlands is affordable on local pay is on Cost of living.

Before you buy in Highlands

Five things worth knowing

18

New listings in June

The month with the most choice. December has the fewest, about 5.

Best time to buy
2%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $623K home, about $12,260 a year.

Taxes vs. neighbors
35 min

Typical commute

The average one-way trip to work for people who live in Highlands.

Work & commute
Flood

Check 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 hazards
Records

Look 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.

Nearby markets · last 12 months

Leonardo sells for less a square foot; Rumson, Sea Bright, Fair Haven and Monmouth Beach for far more

The busier markets within 25 miles of Highlands, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Highlands94$623K$44836%33
Rumson89$2.3M$70145%26
Monmouth Beach66$964K$60618%40
Fair Haven64$1.4M$66063%22
Atlantic Highlands42$951K$54248%30
Sea Bright29$1.1M$6383%114
Leonardo28$585K$42450%41

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.

Selling, or renting out?

Post your home to Highlands, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Highlands. People who follow the town see it, and so do people comparing Highlands with their own town. No commission, no listing fee.

Questions about buying a home in Highlands

What do homes sell for in Highlands, NJ?

94 homes sold in the year to May 2026 at a typical $623K, $448 a square foot. Houses sold for about $789K, condos for about $508K.

Is Highlands a buyer’s or seller’s market?

A seller’s market: 17 homes were for sale in May 2026 and 9 sold, about 1.9 months of supply. Buyers paid 100.8% of asking on average, and 24% of listings cut their price.

When is the best time to buy in Highlands?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Highlands?

About 2% of a home’s value a year. On a $623K home that’s near $12,260.

Where can I see homes for sale in Highlands?

Zillow, Redfin, Realtor.com and Homes.com all carry Highlands’ MLS listings; the search links above open each one filtered to Highlands.

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).