Is Hilliard, OH 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, Hilliard has remained a Seller's Market.
Key Takeaway
Hilliard is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hilliard, OH
How much do homes in Hilliard, OH cost?
Median Sold Price
$365,400
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Hilliard have sold for 1.6% more than they did a year ago.
Summary: The median home sold price in Hilliard was $365,400 in March 2024, up 1.6% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $147.4K | $160K | +8.5% |
| 2 Bedrooms | $235K | $230K | -2.1% |
| 3 Bedrooms | $329.3K | $340K | +3.2% |
| 4 Bedrooms | $465K | $450K | -3.2% |
| 5+ Bedrooms | $560K | $660K | +17.9% |
Summary: Hilliard housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.5%, 2 bedroom homes decreased by 2.1%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes increased by 17.9%.
Median Sold Price Compared To Nearby Cities
| Washington Township | $342.5K | $430.4K | +25.7% |
| Columbus | $259.8K | $278.8K | +7.3% |
| Brown Township | $573.4K | $615K | +7.2% |
| Norwich Township | $384.7K | $401.2K | +4.3% |
| Hilliard | $359.7K | $365.4K | +1.6% |
Housing Supply in Hilliard, OH
How many homes are available in Hilliard, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 135 | 148 | +9.6% |
Summary: The Hilliard real estate market had 148 homes for sale in March 2024, a 9.6% 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 | 20 | 28 | +40.0% |
| 3 Bedrooms | 63 | 58 | -7.9% |
| 4 Bedrooms | 42 | 54 | +28.6% |
| 5+ Bedrooms | 10 | 8 | -20.0% |
Summary: The Hilliard 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 40%, 3 bedroom homes decreased by 7.9%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 47 | 50 | +6.4% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
31 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hilliard, you could pay more than the asking price. 62% of homes here sold above asking price last month.
Summary: A total of 50 homes were sold or pending in Hilliard in March 2024, up by 6.4% month-over-month. Of the 50 sold homes, 20% were sold under asking, 18% were sold at asking, and 62% were sold over asking.
Days on Market for Hilliard, OH
How long does it take to sell a home in Hilliard, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 22 Days | 17 Days | -19.6% |
Summary: Homes in Hilliard had an average of 17 days on market in Mar 2024, down by 19.6% compared to last year.
Breakdown of Home Sale Times
42 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hilliard are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 50 homes were sold in Hilliard; 84% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.