Is Hillside, IL 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, Hillside has remained a Seller's Market.
Housing Prices in Hillside, IL
How much do homes in Hillside, IL cost?
Median Sold Price
$264,000
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Hillside was $264,000 in May 2024, up 5.6% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $100K | $133.5K | +33.5% |
2 Bedrooms | $157K | $242.4K | +54.4% |
3 Bedrooms | $260.1K | $276.5K | +6.3% |
4 Bedrooms | $330K | $315K | -4.5% |
5+ Bedrooms | $332.5K | $387.6K | +16.6% |
Summary: Hillside housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 33.5%, 2 bedroom homes increased by 54.4%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes increased by 16.6%.
Median Sold Price Compared To Nearby Cities
Westchester | $315K | $340K | +7.9% |
Hillside | $249.9K | $264K | +5.6% |
Proviso Township | $284.2K | $299.9K | +5.5% |
Bellwood | $235K | $238K | +1.3% |
Berkeley | $283K | $270K | -4.6% |
Housing Supply in Hillside, IL
How many homes are available in Hillside, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
20 | 17 | -15.0% |
Summary: The Hillside real estate market had 17 homes for sale in May 2024, a 15.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 2 | -33.3% |
3 Bedrooms | 13 | 10 | -23.1% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Hillside housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 23.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 5 | -28.6% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Hillside in May 2024, down by 28.6% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Hillside, IL
How long does it take to sell a home in Hillside, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
20 Days | 36 Days | +79.4% |
Summary: Homes in Hillside had an average of 36 days on market in May 2024, up by 79.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 5 homes were sold in Hillside; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.