Is Hamilton Township, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Hamilton Township has remained a Seller's Market.
Housing Prices in Hamilton Township, IN
How much do homes in Hamilton Township, IN cost?
Median Sold Price
$205,375
$111/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Hamilton Township was $205,375 in March 2024, down 8.9% from last year, and the median price per square foot was $111.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $67.4K | $155.4K | +130.6% |
3 Bedrooms | $183K | $180K | -1.6% |
4 Bedrooms | $245.7K | $258.9K | +5.4% |
5+ Bedrooms | $258.4K | $304.9K | +18.0% |
Summary: Hamilton Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 130.6%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 18%.
Median Sold Price Compared To Nearby Cities
Muncie | $117.6K | $139.9K | +18.9% |
Center Township | $110K | $101.7K | -7.5% |
Hamilton Township | $225.4K | $205.3K | -8.9% |
Eaton | $103.2K | $85K | -17.6% |
Housing Supply in Hamilton Township, IN
How many homes are available in Hamilton Township, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
20 | 26 | +30.0% |
Summary: The Hamilton Township real estate market had 26 homes for sale in March 2024, a 30.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 2 | +100.0% |
3 Bedrooms | 18 | 20 | +11.1% |
4 Bedrooms | 1 | 3 | +200.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Hamilton Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 11 | +266.7% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Hamilton Township in March 2024, up by 266.7% month-over-month. Of the 11 sold homes, 82% were sold under asking, 18% were sold at asking, and 0% were sold over asking.
Days on Market for Hamilton Township, IN
How long does it take to sell a home in Hamilton Township, IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
46 Days | 88 Days | +91.8% |
Summary: Homes in Hamilton Township had an average of 88 days on market in Mar 2024, up by 91.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 11 homes were sold in Hamilton Township; 0% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.