Is Hill District, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Hill District was a Seller's Market.
Key Takeaway
Hill District is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hill District, PA
How much do homes in Hill District, PA cost?
Median Sold Price
$290,775
$233/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Hill District have sold for 268.1% more than they did a month ago.
Summary: The median home sold price in Hill District was $290,775 in April 2024, up 268.1% from last month, and the median price per square foot was $233.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $67.3K | - | N/A |
| 3 Bedrooms | $224K | $206.3K | -7.9% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $445K | $625K | +40.4% |
Summary: Hill District housing prices by bedroom type for April 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 decreased by 7.9%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 40.4%.
Housing Supply in Hill District, PA
How many homes are available in Hill District, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 25 | 22 | -12.0% |
Summary: The Hill District real estate market had 22 homes for sale in April 2024, a 12.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 3 | -40.0% |
| 3 Bedrooms | 12 | 11 | -8.3% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Hill District 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 decreased by 40%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 3 | -57.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Hill District, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Hill District in April 2024, down by 57.1% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Hill District, PA
How long does it take to sell a home in Hill District, PA?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 140 Days | 39 Days | -71.8% |
Summary: Homes in Hill District had an average of 39 days on market in Apr 2024, down by 71.8% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Hill District has remained consistent over time.
Summary: During April 2024, 3 homes were sold in Hill District; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
