$474 Closing Credit*
$39,950
3 Beds
•1 Full Bath
Listing Office: EXIT TOWN & COUNTRY REALTORS
Is Hillsboro, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Hillsboro has remained a Neutral Market.
Key Takeaway
Hillsboro is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Hillsboro, KY
How much do homes in Hillsboro, KY cost?
Median Sold Price
$210,500
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$50,000(+31.2%)
Key Takeaway
Homes in Hillsboro have sold for 31.2% more than they did a year ago.
Summary: The median home sold price in Hillsboro was $210,500 in November 2024, up 31.2% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $189.9K | N/A |
| 2 Bedrooms | $100.2K | $188K | +87.6% |
| 3 Bedrooms | $167.5K | $232K | +38.5% |
| 4 Bedrooms | $122K | $180K | +47.5% |
| 5+ Bedrooms | $322.5K | $430K | +33.3% |
Summary: Hillsboro housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 87.6%, 3 bedroom homes increased by 38.5%, 4 bedroom homes increased by 47.5%, and 5+ bedroom homes increased by 33.3%.
Median Sold Price Compared To Nearby Cities
| Hillsboro | $160.5K | $210.5K | +31.2% |
| Hilda-Triplett | $234.5K | $228K | -2.8% |
Housing Supply in Hillsboro, KY
How many homes are available in Hillsboro, KY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 21 | +31.3% |
Summary: The Hillsboro real estate market had 21 homes for sale in November 2024, a 31.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 3 | 7 | +133.3% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Hillsboro housing inventory by bedroom type for November 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 increased by 133.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hillsboro, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Hillsboro in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Hillsboro, KY
How long does it take to sell a home in Hillsboro, KY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 111 Days | +285.1% |
Summary: Homes in Hillsboro had an average of 111 days on market in Nov 2024, up by 285.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Hillsboro are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 3 homes were sold in Hillsboro; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2024 LBAR Multiple Listing Service. All rights reserved.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search Multiple Listing Service. Real estate listings held by other Brokerage firms are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2024 Greater Louisville Association of Realtors. All Rights Reserved.