Is Hillcrest, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hillcrest is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Hillcrest has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Hillcrest, GA

How much do homes in Hillcrest, GA cost?

Median Sold Price

$293,922

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$1,422(+0.5%)

Key Takeaway

The sold price of homes in Hillcrest has remained the same since last year.

Summary: The median home sold price in Hillcrest was $293,922 in April 2024, up 0.5% from last year, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $25K-
N/A
3 $235K$257.4K
+9.6%
4 $309K$394K
+27.5%
5+ $365K$340K
-6.8%

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 did not change, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 27.5%, and 5+ bedroom homes decreased by 6.8%.

Median Sold Price Compared To Nearby Cities

Texas
+18.6%
LaGrange
+16.8%
Abbottsford
+9.8%
Hillcrest
0.5%

Housing Supply in Hillcrest, GA

How many homes are available in Hillcrest, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
98-11.1%

Summary: The Hillcrest real estate market had 8 homes for sale in April 2024, a 11.1% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 65
-16.7%
4 33
0.0%
5+ 00
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 remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
330.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hillcrest, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Hillcrest in April 2024, the same as the previous month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.

Days on Market for Hillcrest, GA

How long does it take to sell a home in Hillcrest, GA?

Average Sale Time

Apr 2023Apr 2024CHANGE
4 Days4 Days-9.7%

Summary: Homes in Hillcrest had an average of 4 days on market in Apr 2024, down by 9.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were 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 Hillcrest are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 3 homes were sold in Hillcrest; 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 15 Days Ago

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