Is Hilliard, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hilliard is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Hilliard is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Hilliard, FL

How much do homes in Hilliard, FL cost?

Median Sold Price

$490,400

$218/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$93,400(+23.5%)

Key Takeaway

Homes in Hilliard have sold for 23.5% more than they did a year ago.

Summary: The median home sold price in Hilliard was $490,400 in October 2024, up 23.5% from last year, and the median price per square foot was $218.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $259.5K$394K
+51.8%
3 $365K$344.9K
-5.5%
4 $529.9K$605.5K
+14.3%
5+ $570K$792.4K
+39.0%

Summary: Hilliard housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 51.8%, 3 bedroom homes decreased by 5.5%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 39%.

Median Sold Price Compared To Nearby Cities

Hilliard
+23.5%
Callahan-Hilliard
+6.9%

Housing Supply in Hilliard, FL

How many homes are available in Hilliard, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8172-11.1%

Summary: The Hilliard real estate market had 72 homes for sale in October 2024, a 11.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 4438
-13.6%
4 3128
-9.7%
5+ 34
+33.3%

Summary: The Hilliard housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 13.6%, 4 bedroom homes decreased by 9.7%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1410-28.6%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hilliard, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Hilliard in October 2024, down by 28.6% month-over-month. Of the 10 sold homes, 50% were sold under asking, 40% were sold at asking, and 10% were sold over asking.

Days on Market for Hilliard, FL

How long does it take to sell a home in Hilliard, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
71 Days81 Days+14.0%

Summary: Homes in Hilliard had an average of 81 days on market in Oct 2024, up by 14% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Hilliard are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 10 homes were sold in Hilliard; 20% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

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

Report Updated 17 Days Ago

Newest Listings in Hilliard, FL

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