Residential · high school district

Hillgrove High School district market report

Closed sales series. Latest median $505,000 (-2.9% YoY). Balanced on live supply.

Closed sales through 2026-10. Live inventory is a current snapshot, not the closed month. 141 active · 7 under contract · 21 pending. Total residential listings by status: 169.

Data confidence: High. 374 closings in the last 12 months. Enough closings to read a trend.

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Latest median$505,000-2.9% YoY
Months of supply4.9Balanced · 4.5 on 31/mo trailing-12
$/SF$191+9.3% YoY
DOM26-38.1% YoY
Sale/list99.9%48.3% below

Versus the broader market

Latest closed month only, not the 12-month figure above. The Georgia footprint is the macro context.

Median price+27.8%$505,000 vs $395,000 market-wide
$/SF+2.9%$191 vs $186 market-wide
DOM-24%26 days vs 34 market-wide
Sale/list+1.2 pts99.9% vs 98.7%

Opportunity score

0–100. Higher means more room for a buyer right now. Price change uses the 3-month median, not one month. Each part is scored 0–100, then weighted. Includes live supply and demand. Screening tool, not a forecast.

65
Softening

3-month volume-weighted median $525,000 (-3.1% vs same 3 months last year) on 87 closings. Latest month is $505,000. Confidence: Moderate (87 closings in 3 months).

3-month $/SF is down 3.5% versus the same 3 months last year.

Months of supply42
4.9 months · 25% of the score

Active homes divided by last month’s closings. Under 4 favors sellers. Above 6 gives buyers more choices and more room.

YoY price52
-3.1% · 20% of the score

3-month volume-weighted median versus the same 3 months a year ago. One month cannot swing this. A rising median with falling $/SF is usually mix, not appreciation.

New / closed75
1.55 · 20% of the score

New listings in 30 days versus last month’s closings. Above 1.2 means inventory is building. That usually softens the next 30–90 days.

Pending / (active + under contract)90
0.14 · 15% of the score

Pending divided by active plus under contract. Not pending divided by active alone. Low means demand is not absorbing the stock.

Price reduced70
41% · 10% of the score

Share of recent closings that had already cut the list price. High means sellers are adjusting. That is where negotiation usually appears.

DOM trend90
+30.9% · 10% of the score

Direction of days on market over the last 6 months, not the current DOM. A low score here means DOM is falling, which favors sellers even if supply is high.

Balanced

4.9 months of supply on last month’s pace (141 active ÷ 29 closings). 4.5 months on the trailing-12 pace (average 31 closings a month). These are different windows.Balanced. Buyers have choices; well-priced homes still close close to list. 48.3% of last month’s closings were below list. Days on market are down 38% from a year ago.

Homes for sale in the Hillgrove High School district →

How homes actually closed

Above list10.3%More than 1% over list
At list41.4%Within 1% of list
Below list48.3%More than 1% under list
Price reduced41.4%Original list higher than final

Leading signals

These move before closed prices. Use them to see if the next 30–60 days look tighter or looser than last month’s closings.

Pending / (active + under contract)0.1421 pending ÷ 148 (active + under contract)
New / closed1.5545 listed in 30 days vs 29 closed
Softening

New listings are outpacing sales and closed sales are already taking longer or reducing more. Expect more inventory and more negotiating room over the next 30–90 days.

If you own in Hillgrove

High confidence. 374 closings in the last 12 months.

  • Buyers search this school district. It is the competitive set for your home, more than the city median.
  • Recent closings center around $542,388. About $187 per square foot. Use that as a starting point, then adjust for your street and condition.
  • 4.9 months of supply on last month’s pace. Expect about 23 days if you price correctly. Longer than that usually means the price is high.
  • 48.3% of recent closings were below list. If you are thinking about selling in the next 90 days, look at what is active now, not just what closed. Homes for sale in the Hillgrove High School district →

What this means if you are listing in Hillgrove

  • Price to the closed median and $/SF here ($505,000, $191), not the market-wide number. This market is above the broader market by 27.8% on median.
  • With 4.9 months of supply, expect about 26 days on market if priced correctly. Longer than that usually means the market is telling you the price is high.
  • 48.3% of recent closings were below list and 41.4% of listings had already reduced. Concessions show up more on listings that have already sat.
  • Check live inventory for the actual competition before you set the number. Homes for sale in the Hillgrove High School district →

What this means if you are making an offer

  • Well-priced homes still close close to list; your better leverage is on homes that have sat.
  • Your better leverage is on homes that have been listed 30+ days or have already reduced. About 41.4% of recent closings had a price reduction.
  • This micro-market diverges from the broader market by 28%. Do not use the statewide median as your comp base.
  • Closed prices lag 30–90 days. Confirm current supply on the inventory page before you assume the temperature has not shifted.

Live inventory mix

Current listings by price band and property type. Where the competition actually is right now.

Price bands

BandListedShare
Under $300k21.2%
$300–500k5934.9%
$500–750k6236.7%
$750k–1M3017.8%
$1M+169.5%

Property types

TypeListedMedian ask
Single Family Residence166$599,900
Condominium3$399,900

141 active, 7 under contract, 21 pending. 45 new in the last 30 days.

Median close price

Median close price · 2021-11 – 2026-10
2021-112026-10

Monthly series

Most recent months first. Medians require at least 5 closings in the month.

MonthClosedMedian$/SFDOMSale/listBelowReduced
Oct 202629$505,000$1912699.9%48.3%41.4%
Sep 202626$495,000$1792497.6%65.4%42.3%
Aug 202632$567,500$1742299.8%40.6%37.5%
Jul 202637$562,500$1972499.4%48.6%43.2%
Jun 202644$457,500$1931999.0%50.0%36.4%
May 202629$629,000$1911299.9%37.9%27.6%
Apr 202645$599,000$1881499.7%35.6%31.1%
Mar 202631$700,000$1924398.8%51.6%35.5%
Feb 202624$454,900$1752499.9%45.8%29.2%
Jan 202623$524,000$1713798.0%65.2%43.5%
Dec 202530$537,000$1882299.1%46.7%33.3%
Nov 202524$427,500$1891099.0%50.0%20.8%
Oct 202533$520,000$1754297.9%54.5%57.6%
Sep 202531$554,900$1993198.1%64.5%45.2%
Aug 202530$551,500$1912498.9%50.0%43.3%
Jul 202537$596,000$16521100.0%35.1%35.1%
Jun 202535$530,000$1891399.0%50.0%25.7%
May 202535$575,000$1791499.7%37.1%22.9%
Apr 202534$552,500$1897100.0%35.3%17.6%
Mar 202524$528,700$19130100.0%37.5%41.7%
Feb 202519$625,000$2214799.0%52.6%36.8%
Jan 202519$500,000$1804498.3%55.6%36.8%
Dec 202437$495,000$1942599.8%45.9%21.6%
Nov 202430$480,000$1772899.5%50.0%36.7%

Below = closed under 99% of list. Reduced = original list higher than final list.