Is Hillsdale, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hillsdale is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, Hillsdale has remained a Neutral Market.

Key Takeaway

Hillsdale 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 Hillsdale, MO

How much do homes in Hillsdale, MO cost?

Median Sold Price

$56,000

$48/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$10,500(+23.1%)

Key Takeaway

Homes in Hillsdale have sold for 23.1% more than they did a month ago.

Summary: The median home sold price in Hillsdale was $56,000 in November 2024, up 23.1% from last month, and the median price per square foot was $48.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $45.5K$56K
+23.1%
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Hillsdale housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 23.1%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Hillsdale, MO

How many homes are available in Hillsdale, MO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
12120.0%

Summary: The Hillsdale real estate market had 12 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 12
+100.0%
2 76
-14.3%
3 33
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Hillsdale 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 14.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hillsdale, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Hillsdale in November 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Hillsdale, MO

How long does it take to sell a home in Hillsdale, MO?

Average Sale Time

Oct 2024Nov 2024CHANGE
107 Days97 Days-9.3%

Summary: Homes in Hillsdale had an average of 97 days on market in Nov 2024, down by 9.3% compared to last month.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in Hillsdale has remained consistent over time.

Summary: During November 2024, 2 homes were sold in Hillsdale; 0% of homes were sold within 30 days, 50% 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 Hillsdale, MO

Nearby Markets to Hillsdale, MO

What housing markets are near Hillsdale, MO?