Is Hillcrest, AR 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, Hillcrest has remained a Seller's Market.
Key Takeaway
Hillcrest is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hillcrest, AR
How much do homes in Hillcrest, AR cost?
Median Sold Price
$285,000
$177/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Hillcrest have sold for 14.9% less than they did a month ago.
Summary: The median home sold price in Hillcrest was $285,000 in April 2024, down 14.9% from last month, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $227K | N/A |
| 2 Bedrooms | $238.6K | $267.5K | +12.1% |
| 3 Bedrooms | $320K | $350K | +9.4% |
| 4 Bedrooms | $385K | $509.7K | +32.4% |
| 5+ Bedrooms | - | - | N/A |
Summary: Hillcrest housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.1%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 32.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Capitol View - Stifft Station | $185K | $265K | +43.2% |
| Heights | $420K | $575K | +36.9% |
| Hillcrest | $335K | $285K | -14.9% |
| Capital View | $178K | $145K | -18.5% |
Housing Supply in Hillcrest, AR
How many homes are available in Hillcrest, AR?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 34 | 52 | +52.9% |
Summary: The Hillcrest real estate market had 52 homes for sale in April 2024, a 52.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 11 | +120.0% |
| 3 Bedrooms | 19 | 27 | +42.1% |
| 4 Bedrooms | 9 | 13 | +44.4% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Hillcrest housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 120%, 3 bedroom homes increased by 42.1%, 4 bedroom homes increased by 44.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 10 | +25.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hillcrest, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Hillcrest in April 2024, up by 25.0% month-over-month. Of the 10 sold homes, 50% were sold under asking, 20% were sold at asking, and 30% were sold over asking.
Days on Market for Hillcrest, AR
We’re sorry, we don't have information for this market at the moment
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerage firms other than this broker, are marked with the Broker Reciprocity℠ logo and information about them includes the name of the listing brokers. The IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Cooperative Arkansas Realtors MLS. All Rights Reserved.