Is Hillwood Heights, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hillwood Heights is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Hillwood Heights has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Hillwood Heights, TN

How much do homes in Hillwood Heights, TN cost?

Median Sold Price

$230,000

$340/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$292,500(-56.0%)

Key Takeaway

Homes in Hillwood Heights have sold for 56% less than they did a month ago.

Summary: The median home sold price in Hillwood Heights was $230,000 in April 2024, down 56% from last month, and the median price per square foot was $340.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 -$230K
N/A
2 --
N/A
3 $522.5K-
N/A
4 --
N/A
5+ --
N/A

Summary: Hillwood Heights 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

White Bridge
-1.8%
Hillwood Heights
-56.0%

Housing Supply in Hillwood Heights, TN

How many homes are available in Hillwood Heights, TN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
24+100.0%

Summary: The Hillwood Heights real estate market had 4 homes for sale in April 2024, a 100.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 01
+100.0%
3 11
0.0%
4 00
0.0%
5+ 01
+100.0%

Summary: The Hillwood Heights 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hillwood Heights, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Hillwood Heights in April 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Hillwood Heights, TN

How long does it take to sell a home in Hillwood Heights, TN?

Average Sale Time

Mar 2024Apr 2024CHANGE
194 Days24 Days-87.6%

Summary: Homes in Hillwood Heights had an average of 24 days on market in Apr 2024, down by 87.6% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 1 homes were sold in Hillwood Heights; 100% of homes were sold within 30 days, 0% 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 2 Days Ago

Newest Listings in Hillwood Heights, TN

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