Is Hillcrest, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 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, GA
How much do homes in Hillcrest, GA cost?
Median Sold Price
$291,000
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Hillcrest have sold for 1% less than they did a year ago.
Summary: The median home sold price in Hillcrest was $291,000 in March 2024, down 1% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $25K | - | N/A |
| 3 Bedrooms | $230K | $248.5K | +8.0% |
| 4 Bedrooms | $332K | $394K | +18.7% |
| 5+ Bedrooms | $365K | $340K | -6.8% |
Summary: Hillcrest housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 18.7%, and 5+ bedroom homes decreased by 6.8%.
Median Sold Price Compared To Nearby Cities
| LaGrange | $225K | $259.9K | +15.5% |
| Abbottsford | $263K | $300K | +14.1% |
| Hillcrest | $293.9K | $291K | -1.0% |
Housing Supply in Hillcrest, GA
How many homes are available in Hillcrest, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 10 | +66.7% |
Summary: The Hillcrest real estate market had 10 homes for sale in March 2024, a 66.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 6 | +50.0% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Hillcrest housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 0 | 3 | +100.0% |
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 Hillcrest, 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 Hillcrest in March 2024, up by 100.0% month-over-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 Hillcrest, GA
How long does it take to sell a home in Hillcrest, GA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 97 Days | 49 Days | -49.7% |
Summary: Homes in Hillcrest had an average of 49 days on market in Mar 2024, down by 49.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Hillcrest are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 3 homes were sold in Hillcrest; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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