Is Hamilton, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Hamilton has remained a Seller's Market.
Housing Prices in Hamilton, NY
How much do homes in Hamilton, NY cost?
Median Sold Price
$320,000
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Hamilton was $320,000 in April 2024, up 12.3% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $129.2K | N/A |
2 Bedrooms | - | $272.4K | N/A |
3 Bedrooms | $285K | $275.9K | -3.2% |
4 Bedrooms | $264.9K | $330K | +24.6% |
5+ Bedrooms | $335K | $452.5K | +35.1% |
Summary: Hamilton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 24.6%, and 5+ bedroom homes increased by 35.1%.
Housing Supply in Hamilton, NY
How many homes are available in Hamilton, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 23 | -14.8% |
Summary: The Hamilton real estate market had 23 homes for sale in April 2024, a 14.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 0 | -100.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 11 | 9 | -18.2% |
4 Bedrooms | 11 | 11 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Hamilton housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 4 | +33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Hamilton in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Hamilton, NY
How long does it take to sell a home in Hamilton, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
150 Days | 129 Days | -14.0% |
Summary: Homes in Hamilton had an average of 129 days on market in Apr 2024, down by 14% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Hamilton; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 75% of homes were sold over 90 days.