Is Hilliard, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hilliard is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Hilliard, OH

How much do homes in Hilliard, OH cost?

Median Sold Price

$365,450

$210/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$1,283(+0.4%)

Key Takeaway

The sold price of homes in Hilliard has remained the same since last year.

Summary: The median home sold price in Hilliard was $365,450 in October 2024, up 0.4% from last year, and the median price per square foot was $210.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $149.9K$175.2K
+16.9%
2 $227.9K$249.5K
+9.5%
3 $333K$346.2K
+4.0%
4 $460K$459.9K
0%
5+ $650.8K$707K
+8.6%

Summary: Hilliard housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.9%, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 4%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 8.6%.

Housing Supply in Hilliard, OH

How many homes are available in Hilliard, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1710-41.2%

Summary: The Hilliard real estate market had 10 homes for sale in October 2024, a 41.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 54
-20.0%
4 74
-42.9%
5+ 20
-100.0%

Summary: The Hilliard 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 decreased by 33.3%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
73-57.1%

Asking Price vs. Sold Price

1 Home Was 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 Hilliard, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Hilliard in October 2024, down by 57.1% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for Hilliard, OH

How long does it take to sell a home in Hilliard, OH?

Average Sale Time

Oct 2023Oct 2024CHANGE
10 Days94 Days+769.6%

Summary: Homes in Hilliard had an average of 94 days on market in Oct 2024, up by 769.6% 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

Breakdown of Home Sale Times

Key Takeaway

Most homes in Hilliard are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 3 homes were sold in Hilliard; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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