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.
Housing Prices in Hamilton Township, OH
How much do homes in Hamilton Township, OH cost?
Median Sold Price
$226,750
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Hamilton Township was $226,750 in May 2024, up 3.1% 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 | $92K | +50.8% |
2 Bedrooms | $154K | $150K | -2.6% |
3 Bedrooms | $215K | $228.5K | +6.3% |
4 Bedrooms | $335K | $287.5K | -14.2% |
5+ Bedrooms | $255K | $447.4K | +75.5% |
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 50.8%, 2 bedroom homes decreased by 2.6%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 14.2%, and 5+ bedroom homes increased by 75.5%.
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 |
---|---|---|
91 | 96 | +5.5% |
Summary: The Hamilton Township real estate market had 96 homes for sale in May 2024, a 5.5% 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 | 17 | 21 | +23.5% |
3 Bedrooms | 50 | 47 | -6.0% |
4 Bedrooms | 22 | 24 | +9.1% |
5+ Bedrooms | 1 | 4 | +300.0% |
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 increased by 23.5%, 3 bedroom homes decreased by 6%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 300%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
33 | 34 | +3.0% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 34 homes were sold or pending in Hamilton Township in May 2024, up by 3.0% month-over-month. Of the 34 sold homes, 41% were sold under asking, 18% were sold at asking, and 41% 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 |
---|---|---|
32 Days | 52 Days | +63.1% |
Summary: Homes in Hamilton Township had an average of 52 days on market in May 2024, up by 63.1% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During May 2024, 34 homes were sold in Hamilton Township; 38% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.