Is Hillyard, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hillyard is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Hillyard was a Seller's Market.

Key Takeaway

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

Housing Prices in Hillyard, WA

How much do homes in Hillyard, WA cost?

Median Sold Price

$275,000

$189/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since November 2023.

Key Takeaway

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

Summary: The median home sold price in Hillyard was $275,000 in November 2024, the same as last year, and the median price per square foot was $189.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $199.6K$143K
-28.4%
2 $250K$250K
0.0%
3 $270K$294K
+8.9%
4 $325K$305K
-6.2%
5+ $330K-
N/A

Summary: Hillyard housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.4%, 2 bedroom homes did not change, 3 bedroom homes increased by 8.9%, 4 bedroom homes decreased by 6.2%, and 5+ bedroom homes did not change.

Housing Supply in Hillyard, WA

How many homes are available in Hillyard, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3019-36.7%

Summary: The Hillyard real estate market had 19 homes for sale in November 2024, a 36.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 86
-25.0%
3 1811
-38.9%
4 41
-75.0%
5+ 01
+100.0%

Summary: The Hillyard housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 38.9%, 4 bedroom homes decreased by 75%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
112-81.8%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hillyard, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Hillyard in November 2024, down by 81.8% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Hillyard, WA

How long does it take to sell a home in Hillyard, WA?

Average Sale Time

Nov 2023Nov 2024CHANGE
8 Days33 Days+288.2%

Summary: Homes in Hillyard had an average of 33 days on market in Nov 2024, up by 288.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 2 homes were sold in Hillyard; 50% of homes were sold within 30 days, 50% 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 21 Days Ago

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