Is Hamilton Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Hamilton Township was a Neutral Market.
Key Takeaway
Hamilton Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hamilton Township, PA
How much do homes in Hamilton Township, PA cost?
Median Sold Price
$357,500
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Hamilton Township have sold for 2.2% more than they did a year ago.
Summary: The median home sold price in Hamilton Township was $357,500 in May 2024, up 2.2% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $495K | $94.5K | -80.9% |
| 3 Bedrooms | $317.5K | $355K | +11.8% |
| 4 Bedrooms | $374.9K | $302.4K | -19.3% |
| 5+ Bedrooms | - | $675K | N/A |
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 decreased by 80.9%, 3 bedroom homes increased by 11.8%, 4 bedroom homes decreased by 19.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Berwick Township | $168K | $205K | +22.0% |
| Reading Township | $210K | $240K | +14.3% |
| Hamilton Township | $349.9K | $357.5K | +2.2% |
| East Berlin | $287.5K | $293.5K | +2.1% |
Housing Supply in Hamilton Township, PA
How many homes are available in Hamilton Township, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Summary: The Hamilton Township real estate market had 5 homes for sale in May 2024, a 66.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 2 | 4 | +100.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 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 decreased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Hamilton Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Hamilton Township in May 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Hamilton Township, PA
How long does it take to sell a home in Hamilton Township, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 44 Days | 2 Days | -95.5% |
Summary: Homes in Hamilton Township had an average of 2 days on market in May 2024, down by 95.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hamilton Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 1 homes were sold in Hamilton Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
