Is Hilliard, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Hilliard has remained a Seller's Market.
Housing Prices in Hilliard, OH
How much do homes in Hilliard, OH cost?
Median Sold Price
$365,071
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Hilliard was $365,071 in May 2024, up 3.4% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $149.9K | $180.5K | +20.4% |
2 Bedrooms | $226K | $243K | +7.5% |
3 Bedrooms | $330K | $341.8K | +3.6% |
4 Bedrooms | $450K | $450K | 0.0% |
5+ Bedrooms | $568.1K | $645.6K | +13.6% |
Summary: Hilliard housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.4%, 2 bedroom homes increased by 7.5%, 3 bedroom homes increased by 3.6%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 13.6%.
Median Sold Price Compared To Nearby Cities
Washington Township | $345K | $490.1K | +42.1% |
Brown Township | $580K | $627.5K | +8.2% |
Columbus | $262.2K | $279.7K | +6.7% |
Norwich Township | $384K | $400.4K | +4.3% |
Hilliard | $353.2K | $365K | +3.4% |
Housing Supply in Hilliard, OH
How many homes are available in Hilliard, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
169 | 197 | +16.6% |
Summary: The Hilliard real estate market had 197 homes for sale in May 2024, a 16.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 42 | 40 | -4.8% |
3 Bedrooms | 68 | 89 | +30.9% |
4 Bedrooms | 51 | 57 | +11.8% |
5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The Hilliard housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 4.8%, 3 bedroom homes increased by 30.9%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
64 | 74 | +15.6% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
49 Homes Were Sold
Over Asking
Summary: A total of 74 homes were sold or pending in Hilliard in May 2024, up by 15.6% month-over-month. Of the 74 sold homes, 22% were sold under asking, 12% were sold at asking, and 66% were sold over asking.
Days on Market for Hilliard, OH
How long does it take to sell a home in Hilliard, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
5 Days | 16 Days | +224.8% |
Summary: Homes in Hilliard had an average of 16 days on market in May 2024, up by 224.8% compared to last year.
Breakdown of Home Sale Times
59 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 74 homes were sold in Hilliard; 80% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.