Is Hilton, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Hilton has remained a Seller's Market.
Key Takeaway
Hilton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hilton, NY
How much do homes in Hilton, NY cost?
Median Sold Price
$263,250
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Hilton have sold for 1.3% more than they did a year ago.
Summary: The median home sold price in Hilton was $263,250 in May 2024, up 1.3% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $450K | - | N/A |
| 2 Bedrooms | $215K | $225.5K | +4.9% |
| 3 Bedrooms | $246.7K | $275K | +11.4% |
| 4 Bedrooms | $290K | $264K | -9.0% |
| 5+ Bedrooms | $382.5K | $268.7K | -29.7% |
Summary: Hilton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 11.4%, 4 bedroom homes decreased by 9%, and 5+ bedroom homes decreased by 29.7%.
Median Sold Price Compared To Nearby Cities
| Parma | $251.2K | $259K | +3.1% |
| Hilton | $259.9K | $263.2K | +1.3% |
Housing Supply in Hilton, NY
How many homes are available in Hilton, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 48 | 43 | -10.4% |
Summary: The Hilton real estate market had 43 homes for sale in May 2024, a 10.4% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 8 | 9 | +12.5% |
| 3 Bedrooms | 21 | 18 | -14.3% |
| 4 Bedrooms | 15 | 12 | -20.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Hilton housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 12 | 14 | +16.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hilton, you could pay more than the asking price. 78.6% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in Hilton in May 2024, up by 16.7% month-over-month. Of the 14 sold homes, 14% were sold under asking, 7% were sold at asking, and 79% were sold over asking.
Days on Market for Hilton, NY
How long does it take to sell a home in Hilton, NY?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 9 Days | 6 Days | -26.2% |
Summary: Homes in Hilton had an average of 6 days on market in May 2024, down by 26.2% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hilton are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 14 homes were sold in Hilton; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
