Is North Hilltop, 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, North Hilltop has remained a Seller's Market.
Key Takeaway
North Hilltop is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North Hilltop, OH
How much do homes in North Hilltop, OH cost?
Median Sold Price
$160,000
$124/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in North Hilltop have sold for 8.8% more than they did a year ago.
Summary: The median home sold price in North Hilltop was $160,000 in May 2024, up 8.8% from last year, and the median price per square foot was $124.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $70K | $56K | -20.0% |
| 2 Bedrooms | $127.8K | $117.5K | -8.1% |
| 3 Bedrooms | $150K | $163.5K | +9.0% |
| 4 Bedrooms | $182.5K | $218.7K | +19.9% |
| 5+ Bedrooms | $171.5K | $197.5K | +15.2% |
Summary: North Hilltop housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20%, 2 bedroom homes decreased by 8.1%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 19.9%, and 5+ bedroom homes increased by 15.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Redick Park | $287.5K | $315K | +9.6% |
| North Hilltop | $147K | $160K | +8.8% |
| South Central Hilltop | $139.7K | $150K | +7.4% |
| McKinley Avenue Corridor | $286.2K | $260K | -9.2% |
Housing Supply in North Hilltop, OH
How many homes are available in North Hilltop, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 88 | 86 | -2.3% |
Summary: The North Hilltop real estate market had 86 homes for sale in May 2024, a 2.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 17 | 15 | -11.8% |
| 3 Bedrooms | 56 | 55 | -1.8% |
| 4 Bedrooms | 12 | 13 | +8.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The North Hilltop 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 11.8%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 26 | 26 | 0.0% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Hilltop, you may be able to get a good deal. 57.7% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in North Hilltop in May 2024, the same as the previous month. Of the 26 sold homes, 58% were sold under asking, 8% were sold at asking, and 35% were sold over asking.
Days on Market for North Hilltop, OH
How long does it take to sell a home in North Hilltop, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 21 Days | 44 Days | +106.7% |
Summary: Homes in North Hilltop had an average of 44 days on market in May 2024, up by 106.7% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North Hilltop are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 26 homes were sold in North Hilltop; 54% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.