Is Hamilton, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Hamilton was a Buyer's Market.
Key Takeaway
Hamilton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hamilton, GA
How much do homes in Hamilton, GA cost?
Median Sold Price
$400,000
$155/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Hamilton have sold for 27.4% more than they did a month ago.
Summary: The median home sold price in Hamilton was $400,000 in May 2024, up 27.4% from last month, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $400K | N/A |
| 4 Bedrooms | $314K | $319.9K | +1.9% |
| 5+ Bedrooms | - | $530K | N/A |
Summary: Hamilton housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes did not change.
Housing Supply in Hamilton, GA
How many homes are available in Hamilton, GA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 19 | 20 | +5.3% |
Summary: The Hamilton real estate market had 20 homes for sale in May 2024, a 5.3% 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 | 2 | 3 | +50.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 11 | 11 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Hamilton 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 increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hamilton, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Hamilton in May 2024, up by 100.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Hamilton, GA
How long does it take to sell a home in Hamilton, GA?
Average Sale Time
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 11 Days | 14 Days | +27.3% |
Summary: Homes in Hamilton had an average of 14 days on market in May 2024, up by 27.3% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hamilton are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 4 homes were sold in Hamilton; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
