Question 1

What is the median sold price in Hythe?

Accepted Answer

The median sold price in Hythe is $173,750 based on 36 home sales over the past 2 years. The median represents the middle price point where half of homes sold for more and half sold for less, making it a reliable indicator of typical home values in the area.

Question 2

What is the average home price in Hythe?

Accepted Answer

The average sold price in Hythe is $217,573. Note that the average ($217,573) is higher than the median ($173,750), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Hythe?

Accepted Answer

Home prices in Hythe range from $20,000 to $675,000 based on recent sales data. This $655,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Hythe selling above or below asking price?

Accepted Answer

On average, homes in Hythe are selling at 96.6% of their asking price. This means there is some room for negotiation, with homes selling slightly below asking. Buyers may have room to negotiate on price.

Question 5

How long do homes take to sell in Hythe?

Accepted Answer

Homes in Hythe are selling in an average of 67 days. This indicates a buyer's market with more negotiating power for purchasers. Buyers can take their time and carefully evaluate options before making an offer.

Question 6

What is the price per square foot in Hythe?

Accepted Answer

The average price per square foot in Hythe is $210. This metric helps you compare homes of different sizes on an equal basis. For example, a 2,000 sq ft home at this rate would cost approximately $420,000.

Question 7

How active is the real estate market in Hythe?

Accepted Answer

The Hythe market has seen 36 home sales over the past 2 years, with 10 properties currently for sale. With ample inventory available, buyers have plenty of options to choose from.

Question 8

What types of properties are selling in Hythe?

Accepted Answer

The most common property types selling in Hythe are: detached single family (30 sold, avg $236,921), vacant lot (5 sold, avg $120,400), townhouse (1 sold, avg $123,000). Each property type has different price points and characteristics to consider when buying or selling.

Question 9

How much do detached homes cost in Hythe?

Accepted Answer

Detached homes in Hythe are selling for an average of $236,921, with 30 sales over the past 2 years.

Question 10

How much do townhouses cost in Hythe?

Accepted Answer

Townhouses in Hythe are selling for an average of $123,000, with 1 sales over the past 2 years. Townhouses often provide a middle ground between condo living and detached home ownership.

Question 11

Are home prices rising or falling in Hythe?

Accepted Answer

Home prices in Hythe have decreased by 9.2% over the past 2 years. The average sold price moved from $165,000 to $149,900. This downward trend may present buying opportunities for purchasers.

Question 12

Is Hythe a buyer's or seller's market?

Accepted Answer

Based on current data, Hythe is a buyer's market. Homes are selling in 67 days on average and at 96.6% of asking price. Buyers have leverage to negotiate on price and terms. Sellers may need to price competitively to attract offers.

Question 13

What percentage of homes sell above asking price in Hythe?

Accepted Answer

In Hythe, 8% of homes sold above asking price, while 72% sold below asking. Most homes sell at or below their listed price, giving buyers room to negotiate.

Question 14

What are the average property taxes in Hythe?

Accepted Answer

The average annual property tax in Hythe is $1,281, with a median of $1,387. Property taxes vary based on the assessed value of the home and are an important factor when calculating your total monthly housing costs.

Question 15

What size homes are selling in Hythe?

Accepted Answer

Homes selling in Hythe range from 384 to 1,728 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 16

How much do home prices vary in Hythe?

Accepted Answer

Hythe shows high price diversity with a standard deviation of $143,265 around the average price of $217,573. This wide range indicates a diverse market with options at many price points.

Question 17

Where can I find recently sold homes in Hythe?

Accepted Answer

You can view a comprehensive list of houses sold in Hythe right here on our market history feed. We update our data daily to ensure you have access to the latest sold real estate listings and final closing prices.

Question 18

Why is seeing sold house prices important?

Accepted Answer

Sold house prices are the only true indicator of market value. Active listing prices are just "wishes," but recently sold homes reflect what buyers are actually willing to pay. Comparing active properties against homes that have recently sold helps you avoid overpaying.

Question 19

Can I see the final sold price on MLS® listings?

Accepted Answer

Yes. While public sites often remove the price once a deal closes, our MLS® listings sold page grants you access to the final sale numbers, days on market, and price history for recently sold homes in Hythe.

Houses Sold in Hythe — See What Buyers Paid

Hythe Sold Data Overview

Recently Sold in Hythe

Hythe Market Insights

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

Hythe Neighbourhoods

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