Is Hillside, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hillside is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Hillside has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Hillside, IL

How much do homes in Hillside, IL cost?

Median Sold Price

$275,000

$232/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$24,000(+9.6%)

Key Takeaway

Homes in Hillside have sold for 9.6% more than they did a year ago.

Summary: The median home sold price in Hillside was $275,000 in October 2024, up 9.6% from last year, and the median price per square foot was $232.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $128.5K$141.5K
+10.1%
2 $205K$245.1K
+19.6%
3 $267K$290K
+8.6%
4 $283.7K$354K
+24.8%
5+ $387.6K-
N/A

Summary: Hillside housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.1%, 2 bedroom homes increased by 19.6%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 24.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Bellwood
+10.7%
Westchester
+10.4%
Hillside
+9.6%
Proviso Township
+8.9%
Berkeley
-7.0%

Housing Supply in Hillside, IL

How many homes are available in Hillside, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1615-6.3%

Summary: The Hillside real estate market had 15 homes for sale in October 2024, a 6.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 44
0.0%
3 86
-25.0%
4 34
+33.3%
5+ 11
0.0%

Summary: The Hillside 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 remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hillside, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Hillside in October 2024, down by 16.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.

Days on Market for Hillside, IL

How long does it take to sell a home in Hillside, IL?

Average Sale Time

Oct 2023Oct 2024CHANGE
56 Days38 Days-31.7%

Summary: Homes in Hillside had an average of 38 days on market in Oct 2024, down by 31.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Hillside are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in Hillside; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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 20 Days Ago

Newest Listings in Hillside, IL

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