Is Hamilton Township, 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 Township has remained a Seller's 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, OH
How much do homes in Hamilton Township, OH cost?
Median Sold Price
$256,133
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Hamilton Township have sold for 11.2% less than they did a year ago.
Summary: The median home sold price in Hamilton Township was $256,133 in May 2024, down 11.2% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $61K | $117K | +91.8% |
| 2 Bedrooms | $169.9K | $160K | -5.9% |
| 3 Bedrooms | $270.4K | $250K | -7.5% |
| 4 Bedrooms | $370K | $352.6K | -4.7% |
| 5+ Bedrooms | $418.9K | $500K | +19.4% |
Summary: Hamilton Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 91.8%, 2 bedroom homes decreased by 5.9%, 3 bedroom homes decreased by 7.5%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes increased by 19.4%.
Median Sold Price Compared To Nearby Cities
| Maineville | $364.4K | $356K | -2.3% |
| Hamilton Township | $288.3K | $256.1K | -11.2% |
Housing Supply in Hamilton Township, OH
How many homes are available in Hamilton Township, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 98 | 100 | +2.0% |
Summary: The Hamilton Township real estate market had 100 homes for sale in May 2024, a 2.0% 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 | 20 | 19 | -5.0% |
| 3 Bedrooms | 45 | 44 | -2.2% |
| 4 Bedrooms | 28 | 29 | +3.6% |
| 5+ Bedrooms | 4 | 8 | +100.0% |
Summary: The Hamilton Township 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 decreased by 5%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 39 | 35 | -10.3% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hamilton Township, you could pay more than the asking price. 45.7% of homes here sold above asking price last month.
Summary: A total of 35 homes were sold or pending in Hamilton Township in May 2024, down by 10.3% month-over-month. Of the 35 sold homes, 34% were sold under asking, 20% were sold at asking, and 46% were sold over asking.
Days on Market for Hamilton Township, OH
How long does it take to sell a home in Hamilton Township, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 57 Days | 47 Days | -16.3% |
Summary: Homes in Hamilton Township had an average of 47 days on market in May 2024, down by 16.3% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
5 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, 35 homes were sold in Hamilton Township; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 DABR MLS. All Rights Reserved
This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Copyright ©2024 by the Multiple Listing Service of Greater Cincinnati, Inc. All rights reserved. For the most current information, contact your Broker.