Is Hillside, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hillside is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Hillside, IL

How much do homes in Hillside, IL cost?

Median Sold Price

$257,000

$196/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$7,000(+2.8%)

Key Takeaway

Homes in Hillside have sold for 2.8% more than they did a year ago.

Summary: The median home sold price in Hillside was $257,000 in April 2024, up 2.8% from last year, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $100K$133.5K
+33.5%
2 $163.5K$240K
+46.8%
3 $260K$274K
+5.4%
4 $315K$300K
-4.8%
5+ $305K$387.6K
+27.1%

Summary: Hillside housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 33.5%, 2 bedroom homes increased by 46.8%, 3 bedroom homes increased by 5.4%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes increased by 27.1%.

Median Sold Price Compared To Nearby Cities

Westchester
+5.9%
Proviso Township
+3.5%
Bellwood
+3.4%
Hillside
+2.8%
Berkeley
-3.9%

Housing Supply in Hillside, IL

How many homes are available in Hillside, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2220-9.1%

Summary: The Hillside real estate market had 20 homes for sale in April 2024, a 9.1% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 1111
0.0%
4 87
-12.5%
5+ 00
0.0%

Summary: The Hillside 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 decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 6 homes were sold or pending in Hillside in April 2024, down by 14.3% month-over-month. Of the 6 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% 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

Apr 2023Apr 2024CHANGE
28 Days39 Days+36.2%

Summary: Homes in Hillside had an average of 39 days on market in Apr 2024, up by 36.2% compared to last year.

Breakdown of Home Sale Times

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

Summary: During April 2024, 6 homes were sold in Hillside; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% 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 14 Days Ago

Newest Listings in Hillside, IL

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