Highland Park homes sell for roughly $800 or more per square foot, with a very wide range depending on street, lot and age of the house. Redfin reported a median sale price of $813 per square foot in Highland Park, Texas, alongside a median sale price of $3,675,000 for November 2025, based on just six sales that month. With so few sales, monthly numbers move a lot, so price per square foot is best used as a rough guide, not a valuation.
At The Agency Dallas, our agents price and sell homes across Highland Park and University Park. This guide explains what drives price per square foot in Highland Park and why the number can mislead.
What is the price per square foot in Highland Park right now?
Redfin's Highland Park market page showed the following for November 2025:
- Median sale price: $3,675,000, down 8.7% from a year earlier
- Median sale price per square foot: $813, up 14.9% from a year earlier
- Average days on market: 44, compared with 91 a year earlier
- Homes sold: 6, compared with 12 a year earlier
The fact that median price fell while price per square foot rose is a good example of how small samples work. A month with smaller homes selling can push the median price down and the price per foot up. Our Highland Park housing market report tracks the trend over longer periods.
Why does price per square foot vary so much in Highland Park?
In Highland Park, much of a home's value is the land under it. That means price per square foot depends heavily on factors that have nothing to do with the house's size:
- Lot size and location. A large lot on a premier street can be worth more than many full homes elsewhere in Dallas.
- Age and condition. An older home that a buyer plans to replace is effectively priced as land, which produces a very high price per foot.
- New construction. Newly built homes carry construction costs and finishes that buyers pay for directly.
- Proximity to amenities. Homes near the Dallas Country Club, Turtle Creek, Highland Park Village or the town's parks often command premiums.
- House size. Very large homes often sell for less per square foot than smaller homes on similar lots, because the land is spread over more square footage.
Our guide to the most desirable streets in Highland Park covers how location changes value.
Should I use price per square foot to value a Highland Park home?
Only as a starting point. Professional valuations in Highland Park look at:
- Closed sales on the same or comparable streets in the last 6 to 12 months
- Lot size and shape, compared with nearby lot sales and teardowns
- Age, size, condition and level of finish of the house
- Current competing listings at the same price point
A home can be correctly priced at $650 per foot or $1,200 per foot depending on these factors. Our article on how luxury homes get valued when there are few comparable sales explains the approach.
How does Highland Park compare with University Park?
Both towns are served by the Highland Park Independent School District and both carry high land values. Highland Park generally has fewer sales and higher median prices. University Park has more inventory and a wider range of homes. See Highland Park or University Park: which is better for buying a home for a full comparison.
What does this mean for Highland Park sellers?
Sellers should be cautious about applying a neighbor's price per foot to their own home. The right price comes from comparable sales with similar lots and similar houses. A higher price per foot on a nearby teardown does not mean a larger, older home will sell at the same rate.
How do buyers use price per square foot in Highland Park?
Buyers often use price per square foot to compare homes quickly, but it works best alongside other checks:
- Compare like with like. Compare new construction with new construction and older homes with older homes. Mixing them makes the number meaningless.
- Look at the lot first. Two homes of the same size can differ by millions because of lot size and street.
- Check what is included. Square footage figures can differ between appraisal records, builder plans and listings. Ask how the footage was measured.
- Factor in renovation. A lower price per foot may mean a home needs significant updates.
- Watch the trend, not one month. With only a handful of sales each month, a year of data gives a more reliable picture.
A buyer's agent who sells in Highland Park can pull closed sales for comparable homes and help you see whether a list price is reasonable before you make an offer. That analysis matters far more than any single price-per-foot figure.
How The Agency Dallas prices Highland Park homes
The Agency Dallas is an independently owned luxury real estate brokerage on Preston Road, a few minutes from Highland Park. When we price a Highland Park home, our agents prepare a written valuation that separates land value from the value of the house and explains each comparable sale used. That gives sellers a number they can understand and defend in negotiation.
Buyers new to the town can start with what to know about buying a home in Highland Park, Texas.
Frequently asked questions
What do Highland Park homes sell for per square foot?
Redfin reported a median of $813 per square foot for Highland Park, Texas sales in November 2025. Individual homes range widely above and below that figure depending on lot size, street, age and condition. With only a handful of sales each month, the median can change sharply from month to month.
What is the median home price in Highland Park, Texas?
Redfin reported a median sale price of $3,675,000 for November 2025, down 8.7% from a year earlier, based on six sales. Because so few homes sell each month, longer-term data gives a more reliable picture than any single month.
Why do older Highland Park homes have high prices per square foot?
Many buyers value older, smaller homes mainly for the land and plan to renovate or rebuild. The price reflects the lot, but it is divided over a small house, which produces a high price per square foot even when the house itself adds little value.
How fast do Highland Park homes sell?
Redfin reported average days on market of 44 in November 2025, compared with 91 a year earlier. Well-priced homes on desirable streets can sell quickly, while larger or overpriced homes can take several months.
Is price per square foot a good way to price my Highland Park home?
It is a rough guide only. A sound price comes from closed sales of comparable homes on comparable lots, adjusted for size, age and finish. A written valuation from an agent who sells in Highland Park is a better basis for a list price.
Source: Redfin, Highland Park, TX Housing Market, data for November 2025. Accessed October 30, 2026.
