Is Hill County, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hill County is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Hill County has remained a Buyer's Market.

Key Takeaway

Hill County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Hill County, TX

How much do homes in Hill County, TX cost?

Median Sold Price

$194,900

$169/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$30,100(-13.4%)

Key Takeaway

Homes in Hill County have sold for 13.4% less than they did a month ago.

Summary: The median home sold price in Hill County was $194,900 in March 2024, down 13.4% from last month, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $225K$194.9K
-13.4%
4 --
N/A
5+ --
N/A

Summary: Hill County housing prices by bedroom type for March 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 13.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Hill County, TX

How many homes are available in Hill County, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
197234+18.8%

Summary: The Hill County real estate market had 234 homes for sale in March 2024, a 18.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 88
0.0%
2 3537
+5.7%
3 116137
+18.1%
4 3143
+38.7%
5+ 79
+28.6%

Summary: The Hill County 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 5.7%, 3 bedroom homes increased by 18.1%, 4 bedroom homes increased by 38.7%, and 5+ bedroom homes increased by 28.6%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2526+4.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hill County, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 26 homes were sold or pending in Hill County in March 2024, up by 4.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Hill County, TX

How long does it take to sell a home in Hill County, TX?

Average Sale Time

Feb 2024Mar 2024CHANGE
98 Days49 Days-50.2%

Summary: Homes in Hill County had an average of 49 days on market in Mar 2024, down by 50.2% compared to last month.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 26 homes were sold in Hill County; 42% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 15% 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 11 Days Ago

Newest Listings in Hill County, TX

Nearby Markets to Hill County, TX

What housing markets are near Hill County, TX?