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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hillwood is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Hillwood was a Seller's Market.

Key Takeaway

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

Housing Prices in Hillwood, TN

How much do homes in Hillwood, TN cost?

Median Sold Price

$1,050,000

$402/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$195,000(+22.8%)

Key Takeaway

Homes in Hillwood have sold for 22.8% more than they did a year ago.

Summary: The median home sold price in Hillwood was $1,050,000 in September 2024, up 22.8% from last year, and the median price per square foot was $402.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $675K-
N/A
3 $713K$725.5K
+1.8%
4 $947.5K$1.2M
+30.8%
5+ $2.6M$2.9M
+11.0%

Summary: Hillwood housing prices by bedroom type for September 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 1.8%, 4 bedroom homes increased by 30.8%, and 5+ bedroom homes increased by 11%.

Median Sold Price Compared To Nearby Neighborhoods

Hillwood
+22.8%
West Nashville
0%

Housing Supply in Hillwood, TN

How many homes are available in Hillwood, TN?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
22220.0%

Summary: The Hillwood real estate market had 22 homes for sale in September 2024, the same as August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 00
0.0%
3 88
0.0%
4 56
+20.0%
5+ 98
-11.1%

Summary: The Hillwood housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

2 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 Hillwood, 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 Hillwood in September 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Hillwood, TN

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

Average Sale Time

Sep 2023Sep 2024CHANGE
38 Days66 Days+72.8%

Summary: Homes in Hillwood had an average of 66 days on market in Sep 2024, up by 72.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 3 homes were sold in Hillwood; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 30 Days Ago

Newest Listings in Hillwood, TN

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