Is Hillside, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hillside is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Hillside has remained a Seller's Market.

Key Takeaway

Hillside is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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

+$5,250(+2.1%)

Key Takeaway

Homes in Hillside have sold for 2.1% more than they did a year ago.

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

# BEDSMar 2023Mar 2024CHANGE
1 $105.7K$133.5K
+26.2%
2 $157.5K$240K
+52.4%
3 $260K$266K
+2.3%
4 $315K$296.2K
-6.0%
5+ $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
+2.5%
Bellwood
+2.3%
Hillside
+2.1%
Proviso Township
+1.8%
Berkeley
-4.8%

Housing Supply in Hillside, IL

How many homes are available in Hillside, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1821+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

# BEDSFeb 2024Mar 2024CHANGE
1 10
-100.0%
2 32
-33.3%
3 1011
+10.0%
4 48
+100.0%
5+ 00
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 2024Mar 2024CHANGE
57+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hillside, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

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 2023Mar 2024CHANGE
28 Days27 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

Newest Listings in Hillside, IL

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