Is Hamilton, 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, Hamilton has remained a Seller's Market.
Housing Prices in Hamilton, OH
How much do homes in Hamilton, OH cost?
Median Sold Price
$211,000
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Hamilton was $211,000 in May 2024, down 0.7% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $61K | $90.5K | +48.4% |
2 Bedrooms | $169.9K | $152K | -10.6% |
3 Bedrooms | $210K | $222K | +5.7% |
4 Bedrooms | $337.8K | $284.5K | -15.8% |
5+ Bedrooms | $150K | $431.5K | +187.7% |
Summary: Hamilton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 48.4%, 2 bedroom homes decreased by 10.6%, 3 bedroom homes increased by 5.7%, 4 bedroom homes decreased by 15.8%, and 5+ bedroom homes increased by 187.7%.
Housing Supply in Hamilton, OH
How many homes are available in Hamilton, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
63 | 67 | +6.3% |
Summary: The Hamilton real estate market had 67 homes for sale in May 2024, a 6.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 14 | 17 | +21.4% |
3 Bedrooms | 33 | 34 | +3.0% |
4 Bedrooms | 15 | 14 | -6.7% |
5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Hamilton housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 21.4%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
23 | 24 | +4.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Hamilton in May 2024, up by 4.3% month-over-month. Of the 24 sold homes, 38% were sold under asking, 21% were sold at asking, and 42% were sold over asking.
Days on Market for Hamilton, OH
How long does it take to sell a home in Hamilton, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
51 Days | 55 Days | +8.4% |
Summary: Homes in Hamilton had an average of 55 days on market in May 2024, up by 8.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During May 2024, 24 homes were sold in Hamilton; 33% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.