Is Hillsdale, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hillsdale is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Hillsdale was a Seller's Market.

Key Takeaway

Hillsdale is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Hillsdale, NJ

How much do homes in Hillsdale, NJ cost?

Median Sold Price

$712,500

-

Based on all homes sold in September 2024.

Difference Since Last Month

+$69,000(+10.7%)

Key Takeaway

Homes in Hillsdale have sold for 10.7% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 --
N/A
3 $627K$680K
+8.5%
4 -$745K
N/A
5+ $1.4M-
N/A

Summary: Hillsdale housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 8.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

River Vale Township
+73.2%
Hillsdale
+10.7%

Housing Supply in Hillsdale, NJ

How many homes are available in Hillsdale, NJ?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1719+11.8%

Summary: The Hillsdale real estate market had 19 homes for sale in September 2024, a 11.8% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 11
0.0%
2 00
0.0%
3 88
0.0%
4 58
+60.0%
5+ 32
-33.3%

Summary: The Hillsdale 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 60%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hillsdale, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Hillsdale in September 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Hillsdale, NJ

We’re sorry, we don't have information for this market at the moment

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

Report Updated 3 Days Ago

Newest Listings in Hillsdale, NJ

Nearby Markets to Hillsdale, NJ

What housing markets are near Hillsdale, NJ?