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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hillsboro is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Hillsboro, OH

How much do homes in Hillsboro, OH cost?

Median Sold Price

$193,000

$123/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$2,050(+1.1%)

Key Takeaway

Homes in Hillsboro have sold for 1.1% more than they did a year ago.

Summary: The median home sold price in Hillsboro was $193,000 in October 2024, up 1.1% from last year, and the median price per square foot was $123.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $41.8K$155K
+270.4%
2 $150K$188K
+25.3%
3 $213K$193K
-9.4%
4 $222.5K$215K
-3.4%
5+ $227.4K$475K
+108.8%

Summary: Hillsboro housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 270.4%, 2 bedroom homes increased by 25.3%, 3 bedroom homes decreased by 9.4%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes increased by 108.8%.

Housing Supply in Hillsboro, OH

How many homes are available in Hillsboro, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1015+50.0%

Summary: The Hillsboro real estate market had 15 homes for sale in October 2024, a 50.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 01
+100.0%
3 58
+60.0%
4 45
+25.0%
5+ 00
0.0%

Summary: The Hillsboro 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 increased by 100%, 3 bedroom homes increased by 60%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
330.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

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 October 2024, the same as the previous 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, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
1 Days13 Days+875.0%

Summary: Homes in Hillsboro had an average of 13 days on market in Oct 2024, up by 875% compared to last year.

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 Hillsboro are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in Hillsboro; 33% 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 4 Days Ago

Newest Listings in Hillsboro, OH

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