Is Hillside, NJ 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, NJ
How much do homes in Hillside, NJ cost?
Median Sold Price
$442,000
$265/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Hillside was $442,000 in March 2024, up 7.9% from last year, and the median price per square foot was $265.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $280K | - | N/A |
2 Bedrooms | $315K | $349.5K | +11.0% |
3 Bedrooms | $400K | $440K | +10.0% |
4 Bedrooms | $455K | $460K | +1.1% |
5+ Bedrooms | $485K | $567.5K | +17.0% |
Summary: Hillside housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 17%.
Median Sold Price Compared To Nearby Cities
Irvington Township | $320K | $350K | +9.4% |
Union | $476.8K | $520K | +9.1% |
Union Township | $475.3K | $515.5K | +8.4% |
Hillside | $409.5K | $442K | +7.9% |
Hillside Township | $409.5K | $442K | +7.9% |
Housing Supply in Hillside, NJ
How many homes are available in Hillside, NJ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
54 | 58 | +7.4% |
Summary: The Hillside real estate market had 58 homes for sale in March 2024, a 7.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 32 | 33 | +3.1% |
4 Bedrooms | 9 | 11 | +22.2% |
5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Hillside housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 13 | +160.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Hillside in March 2024, up by 160.0% month-over-month. Of the 13 sold homes, 23% were sold under asking, 0% were sold at asking, and 77% were sold over asking.
Days on Market for Hillside, NJ
We’re sorry, we don't have information for this market at the moment