Highland City, Florida Real Estate & Housing Market

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Highland City Housing Information

Index	Highland City	Florida	National
Median home price	$146,000	$166,800	$184,700
Median rent asked	$830	$1,032	$949
Avg. people per household	3.1	2.6	2.6
Owner occupied households	84.1%	64.8%	63.6%
Renter occupied households	15.9%	35.2%	36.4%

A general summary of the real estate market in Highland City, FL is listed above. Properties in Highland City, FL average a cost of $146,000, which is 12% lower than the median home price for real estate located in Florida. This means that the region of Highland City, FL is, on average, more affordable when compared to the remainder of Florida. Since tenants living in Highland City, FL will pay an average of $830, the median rental cost is 20% lower than in Florida. 84.1% of people in Highland City, FL own their own homes, and an average of 3.1 people inhabit each property. Highland City, FL has many assorted real estate listings available. These range from urban townhouses to inexpensive condos to luxurious residences. We make finding homes for sale and browsing real estate listings effortless. Simply use the search function above, and obtain filtered results according to price, location, bathrooms and bedrooms.

Highland City Home Affordability

When starting your search for real estate in Highland City, FL, it is crucial to consider home affordability. When calculating home affordability, the ratio of home price to median household income is one of the methods that is applicable in doing so. On average, a home in Highland City, FL costs $146,000 while each household has an average income of $65,441. Consequently, the ratio of home price to household income is 2.2x; this ratio is 35% lower than the average in Florida. Calculating the home affordability ratio involves dividing the average price of a home by the average income of homes in Highland City, FL. When the ratio of home price to income is relatively low, the implication is that homes are more affordable on the basis of the home price in comparison with the home income. Note that besides home price to median household income ratio, there are various other factors to put into consideration when determining if home affordability exists. Check the home affordability calculator shown below to calculate how much you can afford to pay for real estate in Highland City, FL.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Mulberry, FL	3,925	$48,500	74%
Fussels Corner, FL	4,991	$51,400	72%
Wahneta, FL	4,700	$53,100	71%
Combee Settlement, FL	6,462	$58,200	68%
Crystal Lake, FL	6,413	$61,800	67%
Highland City, FL	10,100	$146,000	21%

Cities with similar population

City, State	Population	Home Price	National Avg.
Oak Hills, CA	10,101	$317,300	72%
Wyndham, VA	10,097	$478,400	159%
Silver City, NM	10,103	$140,100	24%
Uniontown, PA	10,094	$80,700	56%
Roma, TX	10,093	$70,200	62%
Highland City, FL	10,100	$146,000	21%

Source: The Highland City, FL housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).