Is Hillsboro, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hillsboro is a neutral's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

Hillsboro is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Hillsboro, GA

How much do homes in Hillsboro, GA cost?

Median Sold Price

$370,000

$215/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$31,000(+9.1%)

Key Takeaway

Homes in Hillsboro have sold for 9.1% more than they did a year ago.

Summary: The median home sold price in Hillsboro was $370,000 in September 2024, up 9.1% from last year, and the median price per square foot was $215.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 -$120.7K
N/A
2 $160K$40K
-75.0%
3 $363K$417.5K
+15.0%
4 $400K$487.5K
+21.9%
5+ -$615K
N/A

Summary: Hillsboro housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 75%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 21.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Little River
+18.2%
Hillsboro
+9.1%
Round Oak
-40.9%

Housing Supply in Hillsboro, GA

How many homes are available in Hillsboro, GA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
660.0%

Summary: The Hillsboro real estate market had 6 homes for sale in September 2024, the same as August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 34
+33.3%
4 00
0.0%
5+ 11
0.0%

Summary: The Hillsboro housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

0 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, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Hillsboro in September 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Hillsboro, GA

How long does it take to sell a home in Hillsboro, GA?

Average Sale Time

Sep 2023Sep 2024CHANGE
52 Days3 Days-94.2%

Summary: Homes in Hillsboro had an average of 3 days on market in Sep 2024, down by 94.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 1 homes were sold in Hillsboro; 100% of homes were sold within 30 days, 0% 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 Sep 1, 2024

Newest Listings in Hillsboro, GA

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