$4,453 Closing Credit*
$374,990
1,144 SqFt
4 Beds
•2 Full Baths
Moises Y Reyes, Listing Office: Marathon Real Estate
Is Hillcrest Heights, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Hillcrest Heights was a Seller's Market.
Key Takeaway
Hillcrest Heights is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hillcrest Heights, MD
How much do homes in Hillcrest Heights, MD cost?
Median Sold Price
$325,000
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,000(+3.2%)
Key Takeaway
Homes in Hillcrest Heights have sold for 3.2% more than they did a year ago.
Summary: The median home sold price in Hillcrest Heights was $325,000 in November 2024, up 3.2% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $77.5K | $82.5K | +6.5% |
| 2 Bedrooms | $142.5K | $150K | +5.3% |
| 3 Bedrooms | $315K | $323.2K | +2.6% |
| 4 Bedrooms | $350K | $376K | +7.4% |
| 5+ Bedrooms | $394.9K | $445K | +12.7% |
Summary: Hillcrest Heights housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.5%, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 12.7%.
Housing Supply in Hillcrest Heights, MD
How many homes are available in Hillcrest Heights, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 49 | 50 | +2.0% |
Summary: The Hillcrest Heights real estate market had 50 homes for sale in November 2024, a 2.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 15 | 12 | -20.0% |
| 3 Bedrooms | 18 | 21 | +16.7% |
| 4 Bedrooms | 10 | 9 | -10.0% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Hillcrest Heights housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 7 | -46.2% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hillcrest Heights, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Hillcrest Heights in November 2024, down by 46.2% month-over-month. Of the 7 sold homes, 43% were sold under asking, 0% were sold at asking, and 57% were sold over asking.
Days on Market for Hillcrest Heights, MD
How long does it take to sell a home in Hillcrest Heights, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 30 Days | 38 Days | +25.6% |
Summary: Homes in Hillcrest Heights had an average of 38 days on market in Nov 2024, up by 25.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Hillcrest Heights are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in Hillcrest Heights; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
