Highland Terrace, Highland, IN
Highland Terrace — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Highland Terrace, Highland, Indiana. Explore the cited sources and local facts below while agent underwriting continues.
Last verified:
Highland Terrace Neighborhood Overview
Highland Terrace is a residential neighborhood located in the town of Highland, Indiana, within the 46322 ZIP code. This established community offers a suburban atmosphere with convenient access to the broader amenities of Northwest Indiana. Its central coordinates are approximately 41.5615 latitude and -87.4580 longitude.
Lifestyle & Amenities
Residents enjoy a quiet, family-oriented lifestyle with the benefits of nearby shopping, dining, and recreational options in the town of Highland. The neighborhood's location provides easy access to local parks and community events. Major retail centers and everyday conveniences are just a short drive away.
Real Estate Market
The real estate market in Highland Terrace is characterized by stable homeownership, with a rate of 79%. The median home value is reported at $197,700, reflecting an affordable entry point into the area. For renters, the median monthly rent is approximately $1,216.
Schools & Education
Families in Highland Terrace are served by the School Town of Highland district, which operates several public schools. The area is known for its commitment to quality public education. Specific school assignments and performance data should be verified with the local district.
Transportation & Connectivity
The neighborhood benefits from excellent connectivity via major roads like Indianapolis Boulevard and Ridge Road. This provides straightforward access to Interstate 80/94 and the Chicago Skyway, facilitating commutes to Chicago and throughout the Region. Public transit options are available through the local bus service.
Why Choose Highland Terrace
Highland Terrace is an attractive choice for homebuyers seeking an affordable, stable community with a median household income of $74,991. Its high homeownership rate fosters a strong sense of neighborhood pride and investment. The combination of suburban tranquility, convenient location, and access to good schools makes it a practical and desirable place to live.
Highland Terrace Market Data
| Metric | Value |
|---|---|
| Median Home Price | $198K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $75K |
| Homeownership Rate | 79.0% |
| Renter-Occupied | 21.1% |
| Rental Vacancy Rate | 8.3% |
| Market Type | Buyer's |
| Market Tier | Affordable |
| Primary ZIP Code | 46322 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 200,703 |
| VA Loan Originations | 9,853 |
| VA Loan Share | 0.1% |
| Average VA Loan Amount | $255K |
| Conventional Loan Originations | 166,323 |
| FHA Loan Originations | 24,527 |
Top Real Estate Agents in Highland Terrace, Highland
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Highland Terrace, Highland, IN. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Indiana Real Estate Commission (IREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-14