Is Hilton, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hilton is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Hilton, NY

How much do homes in Hilton, NY cost?

Median Sold Price

$273,500

$178/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$1,500(-0.5%)

Key Takeaway

Homes in Hilton have sold for 0.5% less than they did a year ago.

Summary: The median home sold price in Hilton was $273,500 in September 2024, down 0.5% from last year, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $450K$108.6K
-75.8%
2 $220.5K$228K
+3.4%
3 $267K$277.5K
+3.9%
4 $299.2K$292.4K
-2.3%
5+ $262.5K$317.5K
+21.0%

Summary: Hilton housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 75.8%, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 3.9%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes increased by 21%.

Median Sold Price Compared To Nearby Cities

Parma
+1.5%
Hilton
-0.5%

Housing Supply in Hilton, NY

How many homes are available in Hilton, NY?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
6356-11.1%

Summary: The Hilton real estate market had 56 homes for sale in September 2024, a 11.1% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 11
0.0%
2 1012
+20.0%
3 3727
-27.0%
4 1013
+30.0%
5+ 53
-40.0%

Summary: The Hilton 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 increased by 20%, 3 bedroom homes decreased by 27%, 4 bedroom homes increased by 30%, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
2421-12.5%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hilton, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 21 homes were sold or pending in Hilton in September 2024, down by 12.5% month-over-month. Of the 21 sold homes, 24% were sold under asking, 10% were sold at asking, and 67% were sold over asking.

Days on Market for Hilton, NY

How long does it take to sell a home in Hilton, NY?

Average Sale Time

Sep 2023Sep 2024CHANGE
11 Days17 Days+61.9%

Summary: Homes in Hilton had an average of 17 days on market in Sep 2024, up by 61.9% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 21 homes were sold in Hilton; 76% of homes were sold within 30 days, 24% 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 Sep 1, 2024

Newest Listings in Hilton, NY

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