Is Hamilton Township, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hamilton Township is a seller's market

Buyer's
Market

Difference Since March 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, 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

-$20,120(-8.9%)

Key Takeaway

Homes in Hamilton Township have sold for 8.9% less than they did a year ago.

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

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $67.4K$155.4K
+130.6%
3 $183K$180K
-1.6%
4 $245.7K$258.9K
+5.4%
5+ $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
+18.9%
Center Township
-7.5%
Hamilton Township
-8.9%
Eaton
-17.6%

Housing Supply in Hamilton Township, IN

How many homes are available in Hamilton Township, IN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2026+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

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 02
+100.0%
3 1820
+11.1%
4 13
+200.0%
5+ 11
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 2024Mar 2024CHANGE
311+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hamilton Township, you may be able to get a good deal. 81.8% of homes here sold below asking price last month.

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 2023Mar 2024CHANGE
46 Days88 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

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Hamilton Township has remained consistent over time.

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

Newest Listings in Hamilton Township, IN

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