Highland Lakes, AL · Market Data

Highland Lakes, Alabama real estate market data.

Real estate market data for Highland Lakes, AL (Shelby County) — Census median home value $562,600, county listing prices up about 4.0% over the past year.

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Highland Lakes, AL is in Shelby County, Alabama — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 5,673, with a median household income of $169,833. Census data puts Highland Lakes's median home value at $562,600.

At a glance

Highland Lakes market snapshot

Population

5,673

Median Household Income

$169,833

Median Home Value (city)

$562,600

Median Gross Rent

$-666,666,666/mo

Price Trend (YoY)

+4.0%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why Highland Lakes

What makes Highland Lakes different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Highland Lakes's median home value — across all owner-occupied homes, not just recent sales — at $562,600.

County Price Trend

Shelby County's FHFA house price index shows a 4.01% annual change in 2025.

Population & Income

Highland Lakes has an estimated population of 5,673 and a median household income of $169,833, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Highland Lakes's Census-reported median home value works out to about 3.3x the area's median household income, and median gross rent runs roughly -4710510% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

Highland Lakes FAQ

What are home values like in Highland Lakes, AL?

The Census Bureau's American Community Survey puts Highland Lakes's median home value at $562,600.

What is the population of Highland Lakes, AL?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Highland Lakes's population at approximately 5,673.

What's the median rent in Highland Lakes, AL?

The Census ACS estimates median gross rent in Highland Lakes at approximately $-666,666,666 per month.

What is the median household income in Highland Lakes, AL?

Census ACS data puts the median household income in Highland Lakes at approximately $169,833.

Is the Highland Lakes housing market growing?

Shelby County's FHFA house price index shows a 4.01% annual change in 2025.

Is Highland Lakes, AL affordable relative to income?

Census ACS data puts Highland Lakes's median home value at about 3.3 times the median household income, with median gross rent equal to roughly -4710510% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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