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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hillsdale is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Hillsdale was a Seller's Market.

Key Takeaway

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

Housing Prices in Hillsdale, NJ

How much do homes in Hillsdale, NJ cost?

Median Sold Price

$575,000

$366/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$137,500(-19.3%)

Key Takeaway

Homes in Hillsdale have sold for 19.3% less than they did a month ago.

Summary: The median home sold price in Hillsdale was $575,000 in October 2024, down 19.3% from last month, and the median price per square foot was $366.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$350K
N/A
2 --
N/A
3 $680K-
N/A
4 $745K$800K
+7.4%
5+ --
N/A

Summary: Hillsdale housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

River Vale Township
+33.8%
Westwood
+7.0%
Hillsdale
-19.3%

Housing Supply in Hillsdale, NJ

How many homes are available in Hillsdale, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1116+45.5%

Summary: The Hillsdale real estate market had 16 homes for sale in October 2024, a 45.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 00
0.0%
3 58
+60.0%
4 46
+50.0%
5+ 11
0.0%

Summary: The Hillsdale 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 increased by 60%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hillsdale, you could pay more than the asking price. 100% of homes here sold above asking price last month.

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

Days on Market for Hillsdale, NJ

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

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 2 homes were sold in Hillsdale; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 16 Days Ago

Newest Listings in Hillsdale, NJ

Nearby Markets to Hillsdale, NJ

What housing markets are near Hillsdale, NJ?