Is Hillcrest Heights, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Hillcrest Heights has remained a Seller's Market.
Housing Prices in Hillcrest Heights, MD
How much do homes in Hillcrest Heights, MD cost?
Median Sold Price
$325,000
$217/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Hillcrest Heights was $325,000 in April 2024, up 12.1% from last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $93.7K | $80.1K | -14.6% |
2 Bedrooms | $145K | $156.9K | +8.2% |
3 Bedrooms | $300K | $321.5K | +7.2% |
4 Bedrooms | $340K | $385K | +13.2% |
5+ Bedrooms | $425K | $405.5K | -4.6% |
Summary: Hillcrest Heights housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.6%, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes decreased by 4.6%.
Housing Supply in Hillcrest Heights, MD
How many homes are available in Hillcrest Heights, MD?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
45 | 37 | -17.8% |
Summary: The Hillcrest Heights real estate market had 37 homes for sale in April 2024, a 17.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 10 | 7 | -30.0% |
3 Bedrooms | 18 | 14 | -22.2% |
4 Bedrooms | 13 | 11 | -15.4% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Hillcrest Heights housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 30%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 7 | -53.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Hillcrest Heights in April 2024, down by 53.3% month-over-month. Of the 7 sold homes, 29% were sold under asking, 29% were sold at asking, and 43% were sold over asking.
Days on Market for Hillcrest Heights, MD
How long does it take to sell a home in Hillcrest Heights, MD?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
27 Days | 15 Days | -42.9% |
Summary: Homes in Hillcrest Heights had an average of 15 days on market in Apr 2024, down by 42.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Hillcrest Heights; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.