$4,452 Closing Credit*
$374,900
1,458 SqFt
3 Beds
•2 Full Baths
Jessica London, Listing Office: Southern Middle Realty
Is Hillsboro, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Hillsboro has remained a Buyer's Market.
Key Takeaway
Hillsboro is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hillsboro, TN
How much do homes in Hillsboro, TN cost?
Median Sold Price
$282,000
$181/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$215,611(-43.3%)
Key Takeaway
Homes in Hillsboro have sold for 43.3% less than they did a month ago.
Summary: The median home sold price in Hillsboro was $282,000 in October 2024, down 43.3% from last month, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $497.6K | $235.9K | -52.6% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | $688K | N/A |
Summary: Hillsboro 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 decreased by 52.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Hillsboro, TN
How many homes are available in Hillsboro, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 24 | 0.0% |
Summary: The Hillsboro real estate market had 24 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 18 | 18 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Hillsboro, you may be able to get a good deal. 33.3% 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, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Hillsboro, TN
How long does it take to sell a home in Hillsboro, TN?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 40 Days | 41 Days | +3.3% |
Summary: Homes in Hillsboro had an average of 41 days on market in Oct 2024, up by 3.3% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Hillsboro has remained consistent over time.
Summary: During October 2024, 3 homes were sold in Hillsboro; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.