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HIGHLAND, MI 48356

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The HIGHLAND, MI real estate market (48356) currently shows 20 active listings, with 7 pending sales. Homes are averaging 45 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 45 days on market compared to 37 days last year.

The median listing price has fallen 6.3% year-over-year, from $400,000 to $374,950.

Whether you are buying or selling in HIGHLAND, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 8,158  ·  Density: 224.9/mi²  ·  Median household income: $100,469

Typical home value: $313,445  ·  Homeownership: 92.4%

Market Overview

Active Listings
20
vs 20 last year
Pending
7
35% pending ratio
Median Price
$374,950
⇩ 6.3% vs $400,000 last year
Average Price
$499,864
⇩ 0.9% vs $504,588 last year
Days on Market
45
⇧ 21.6% vs 37 days last year

Price Per Square Foot

Median $/sqft
$231
⇩ 1.7% vs $235/sqft last year
Median Home Size
1,612 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 45 now vs 37 last year

Median & Average Pricing

Year over Year
  • Median: $374,950 (-6.3% YoY)
  • Average: $499,864 (-0.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 13.2 miles — 592 listings ($364,597,481 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48356Highland, MI 483560.0 mi19$7,528,560$393,700$396,240
48357Highland, MI 483572.8 mi18$12,120,498$739,900$673,361
48382Commerce Township, MI 483826.1 mi72$52,358,040$649,500$727,195
48353Hartland, MI 483536.5 mi9$4,655,475$555,950$517,275
48380Milford, MI 483806.6 mi11$10,358,854$738,749$941,714
48390Walled Lake, MI 483909.2 mi75$31,411,875$347,438$418,825
48442Holly, MI 484429.5 mi32$14,569,888$421,936$455,309
48114Brighton, MI 4811410.4 mi42$24,986,934$541,935$594,927
48430Fenton, MI 4843010.5 mi117$84,136,338$437,500$719,114
48165New Hudson, MI 4816510.8 mi41$19,192,264$539,950$468,104
48377Novi, MI 4837711.9 mi16$7,722,624$353,500$482,664
48323West Bloomfield, MI 4832312.3 mi43$40,718,248$719,700$946,936
48322West Bloomfield, MI 4832213.2 mi97$54,837,883$406,225$565,339

Frequently Asked Questions

How many homes are for sale in HIGHLAND, MI 48356?

As of March 2026, there are 20 active listings in HIGHLAND, MI (zip code 48356), compared to 20 the prior year.

What is the median home price in HIGHLAND, MI 48356?

The median listing price in HIGHLAND, MI 48356 is $374,950 as of March 2026, a 6.3% decrease from $400,000 the prior year.

How long do homes stay on the market in HIGHLAND, MI?

Homes in HIGHLAND, MI 48356 spend an average of 45 days on the market before going under contract, compared to 37 days the prior year.

Is it a seller's or buyer's market in HIGHLAND, MI 48356?

Based on current inventory and days-on-market data as of March 2026, HIGHLAND, MI 48356 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 45 days on market compared to 37 days last year.

How much can I save on real estate commission in HIGHLAND, MI?

With SELL123.com's maximum 3% commission, sellers in HIGHLAND, MI 48356 save an estimated $7,499 compared to a typical 5% commission on the median listing price of $374,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.