Is Hamilton Township, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hamilton Township is a neutral's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Hamilton Township was a Seller's Market.

Key Takeaway

Hamilton Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Hamilton Township, IN

How much do homes in Hamilton Township, IN cost?

Median Sold Price

$185,000

$111/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$44,990(-19.6%)

Key Takeaway

Homes in Hamilton Township have sold for 19.6% less than they did a year ago.

Summary: The median home sold price in Hamilton Township was $185,000 in May 2024, down 19.6% from last year, and the median price per square foot was $111.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $77.9K$202.2K
+159.4%
3 $200K$170K
-15.0%
4 $249K$258.9K
+4.0%
5+ $257.4K$379.9K
+47.5%

Summary: Hamilton Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 159.4%, 3 bedroom homes decreased by 15%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 47.5%.

Median Sold Price Compared To Nearby Cities

Eaton
+29.8%
Muncie
+14.8%
Center Township
0.3%
Hamilton Township
-19.6%
Union Township
-23.3%

Housing Supply in Hamilton Township, IN

How many homes are available in Hamilton Township, IN?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1525+66.7%

Summary: The Hamilton Township real estate market had 25 homes for sale in May 2024, a 66.7% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 33
0.0%
3 915
+66.7%
4 26
+200.0%
5+ 00
0.0%

Summary: The Hamilton Township 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 remained the same, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
04+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hamilton Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Hamilton Township in May 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Hamilton Township, IN

How long does it take to sell a home in Hamilton Township, IN?

Average Sale Time

May 2023May 2024CHANGE
106 Days53 Days-49.7%

Summary: Homes in Hamilton Township had an average of 53 days on market in May 2024, down by 49.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Hamilton Township are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 4 homes were sold in Hamilton Township; 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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 1 Day Ago

Newest Listings in Hamilton Township, IN

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