Is Hillside, IL 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, Hillside has remained a Seller's Market.
Housing Prices in Hillside, IL
How much do homes in Hillside, IL cost?
Median Sold Price
$255,250
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Hillside was $255,250 in March 2024, up 2.1% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $105.7K | $133.5K | +26.2% |
2 Bedrooms | $157.5K | $240K | +52.4% |
3 Bedrooms | $260K | $266K | +2.3% |
4 Bedrooms | $315K | $296.2K | -6.0% |
5+ Bedrooms | $305K | $387.6K | +27.1% |
Summary: Hillside housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.2%, 2 bedroom homes increased by 52.4%, 3 bedroom homes increased by 2.3%, 4 bedroom homes decreased by 6%, and 5+ bedroom homes increased by 27.1%.
Median Sold Price Compared To Nearby Cities
Westchester | $316.9K | $325K | +2.5% |
Bellwood | $232.7K | $238K | +2.3% |
Hillside | $250K | $255.2K | +2.1% |
Proviso Township | $285K | $290K | +1.8% |
Berkeley | $281K | $267.5K | -4.8% |
Housing Supply in Hillside, IL
How many homes are available in Hillside, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
18 | 21 | +16.7% |
Summary: The Hillside real estate market had 21 homes for sale in March 2024, a 16.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 3 | 2 | -33.3% |
3 Bedrooms | 10 | 11 | +10.0% |
4 Bedrooms | 4 | 8 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Hillside housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 7 | +40.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Hillside in March 2024, up by 40.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 0% were sold at asking, and 29% were sold over asking.
Days on Market for Hillside, IL
How long does it take to sell a home in Hillside, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
28 Days | 27 Days | -6.3% |
Summary: Homes in Hillside had an average of 27 days on market in Mar 2024, down by 6.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in Hillside; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.