Is Hillsboro / West End, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hillsboro / West End is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Hillsboro / West End was a Seller's Market.

Key Takeaway

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

Housing Prices in Hillsboro / West End, TN

How much do homes in Hillsboro / West End, TN cost?

Median Sold Price

$751,750

$422/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$104,250(+16.1%)

Key Takeaway

Homes in Hillsboro / West End have sold for 16.1% more than they did a year ago.

Summary: The median home sold price in Hillsboro / West End was $751,750 in September 2024, up 16.1% from last year, and the median price per square foot was $422.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $225K$248.4K
+10.4%
2 $387.5K$407.5K
+5.2%
3 $735K$850K
+15.6%
4 $1.3M$1.0M
-17.8%
5+ $1.9M$1.9M
-1.3%

Summary: Hillsboro / West End housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.4%, 2 bedroom homes increased by 5.2%, 3 bedroom homes increased by 15.6%, 4 bedroom homes decreased by 17.8%, and 5+ bedroom homes decreased by 1.3%.

Median Sold Price Compared To Nearby Neighborhoods

Belmont / Hillsboro
+38.4%
Hillsboro / West End
+16.1%
Whitworth
-6.3%

Housing Supply in Hillsboro / West End, TN

How many homes are available in Hillsboro / West End, TN?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
4157+39.0%

Summary: The Hillsboro / West End real estate market had 57 homes for sale in September 2024, a 39.0% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 56
+20.0%
2 1112
+9.1%
3 812
+50.0%
4 812
+50.0%
5+ 915
+66.7%

Summary: The Hillsboro / West End housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
47+75.0%

Asking Price vs. Sold Price

6 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 / West End, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Hillsboro / West End in September 2024, up by 75.0% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.

Days on Market for Hillsboro / West End, TN

How long does it take to sell a home in Hillsboro / West End, TN?

Average Sale Time

Sep 2023Sep 2024CHANGE
19 Days30 Days+55.3%

Summary: Homes in Hillsboro / West End had an average of 30 days on market in Sep 2024, up by 55.3% compared to last year.

Breakdown of Home Sale Times

5 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

Many homes in Hillsboro / West End are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 7 homes were sold in Hillsboro / West End; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% 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 5 Days Ago

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Newest Listings in Hillsboro / West End, TN

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MLS Disclaimers and Copyright

Based on information from RealTracs Middle Tennessee Regional MLS for the period 10/01/2022 - 10/01/2024

IDX Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX© 2024 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/5/2024, 10:18:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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