Is Hillcrest, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Hillcrest was a Neutral Market.
Key Takeaway
Hillcrest is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hillcrest, OH
How much do homes in Hillcrest, OH cost?
Median Sold Price
$96,000
$65/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Hillcrest have sold for 2% less than they did a year ago.
Summary: The median home sold price in Hillcrest was $96,000 in April 2024, down 2% from last year, and the median price per square foot was $65.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $57.5K | $75K | +30.4% |
| 3 Bedrooms | $90.9K | $92.5K | +1.7% |
| 4 Bedrooms | $112.4K | $119.9K | +6.6% |
| 5+ Bedrooms | $142K | $145K | +2.1% |
Summary: Hillcrest housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 30.4%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 2.1%.
Median Sold Price Compared To Nearby Neighborhoods
| North Riverdale | $75K | $89.7K | +19.6% |
| Hillcrest | $98K | $96K | -2.0% |
Housing Supply in Hillcrest, OH
How many homes are available in Hillcrest, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 16 | 16 | 0.0% |
Summary: The Hillcrest real estate market had 16 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Hillcrest housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hillcrest, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Hillcrest in April 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Hillcrest, OH
How long does it take to sell a home in Hillcrest, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 37 Days | 88 Days | +139.9% |
Summary: Homes in Hillcrest had an average of 88 days on market in Apr 2024, up by 139.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Hillcrest are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in Hillcrest; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 DABR MLS. All Rights Reserved