Is Hill, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hill is a seller's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Hill was a Neutral Market.

Key Takeaway

Hill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Hill, CT

How much do homes in Hill, CT cost?

Median Sold Price

$336,725

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$70,725(+26.6%)

Key Takeaway

Homes in Hill have sold for 26.6% more than they did a year ago.

Summary: The median home sold price in Hill was $336,725 in December 2024, up 26.6% from last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$600K
N/A
2 $188K$191K
+1.6%
3 $224K$217.5K
-2.9%
4 $265K$262.5K
-0.9%
5+ $339.9K$385K
+13.2%

Summary: Hill housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.6%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes increased by 13.2%.

Median Sold Price Compared To Nearby Neighborhoods

Hill
+26.6%
West River
+20.3%

Housing Supply in Hill, CT

How many homes are available in Hill, CT?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
5052+4.0%

Summary: The Hill real estate market had 52 homes for sale in December 2024, a 4.0% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 10
-100.0%
2 34
+33.3%
3 79
+28.6%
4 1011
+10.0%
5+ 2928
-3.4%

Summary: The Hill housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 3.4%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
511+120.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hill, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Hill in December 2024, up by 120.0% month-over-month. Of the 11 sold homes, 64% were sold under asking, 0% were sold at asking, and 36% were sold over asking.

Days on Market for Hill, CT

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Hill, CT

Nearby Markets to Hill, CT