Is Hilliard, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Hilliard was a Neutral Market.
Key Takeaway
Hilliard is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hilliard, FL
How much do homes in Hilliard, FL cost?
Median Sold Price
$469,900
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Hilliard have sold for 40.5% more than they did a year ago.
Summary: The median home sold price in Hilliard was $469,900 in May 2024, up 40.5% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $213K | $279K | +31.0% |
| 3 Bedrooms | $310K | $414.9K | +33.8% |
| 4 Bedrooms | $529.9K | $605.5K | +14.3% |
| 5+ Bedrooms | $425K | $799.9K | +88.2% |
Summary: Hilliard housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 31%, 3 bedroom homes increased by 33.8%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 88.2%.
Median Sold Price Compared To Nearby Cities
| Hilliard | $334.5K | $469.9K | +40.5% |
| Callahan-Hilliard | $339K | $413.7K | +22.0% |
Housing Supply in Hilliard, FL
How many homes are available in Hilliard, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 71 | 81 | +14.1% |
Summary: The Hilliard real estate market had 81 homes for sale in May 2024, a 14.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 40 | 46 | +15.0% |
| 4 Bedrooms | 26 | 31 | +19.2% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Hilliard housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 19.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 15 | +114.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hilliard, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 15 homes were sold or pending in Hilliard in May 2024, up by 114.3% month-over-month. Of the 15 sold homes, 40% were sold under asking, 60% were sold at asking, and 0% were sold over asking.
Days on Market for Hilliard, FL
How long does it take to sell a home in Hilliard, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 56 Days | 99 Days | +78.0% |
Summary: Homes in Hilliard had an average of 99 days on market in May 2024, up by 78% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
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 May 2024, 15 homes were sold in Hilliard; 33% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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