Is Hamilton, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hamilton is a seller's market

Buyer's
Market

Difference Since May 2021

Since last year, Hamilton has remained a Seller's Market.

Key Takeaway

Hamilton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Hamilton, MA cost?

Median Sold Price

$761,000

$349/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$92,250(+13.8%)

Key Takeaway

Homes in Hamilton have sold for 13.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 $276K$76.5K
-72.3%
2 $505K$535K
+5.9%
3 $600K$650K
+8.3%
4 $805K$940K
+16.8%
5+ $1.1M$1.4M
+22.0%

Median Sold Price Compared To Nearby Cities

Hamilton
+13.8%
South Hamilton
+13.8%
Topsfield
+12.8%
Wenham
+5.4%
Ipswich
-2.0%

How many homes are available in Hamilton, MA?

Number of Homes For Sale

Apr 2022May 2022%
2937+27.6%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 00
0.0%
2 32
-33.3%
3 1518
+20.0%
4 810
+25.0%
5+ 37
+133.3%

Number of Homes Sold

Apr 2022May 2022%
68+33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hamilton, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Average Sale Time

May 2021May 2022%
69 Days11 Days-83.2%

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Hamilton are selling fast, if you're buying plan to act quickly.

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

About Hamilton, MA

Hamilton, MA has 37 homes for sale to choose from. The number of homes for sale in Hamilton, MA increased by 27.6% between April 2022 and May 2022. The median list price of listings available in May 2022 was $761,000, while the average time on the real estate market was 11 days. Between April 2022 and May 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties prices decreased by 72.3%, prices of 2 bedrooms properties went up by 5.9%, 3 bedrooms properties prices increased by 8.3%, 4 bedrooms properties became 16.8% more expensive, the cost of 5 bedrooms properties went up by 22%. Housing inventory have changed in this real estate market: 1 bedroom homes did not move, volume of 2 bedrooms homes went down by 33.3%, 3 bedrooms homes became 20% more available, number of 4 bedrooms homes increased by 25%, number of 5 bedrooms homes increased by 133.3%. Hamilton, MA housing market in May 2022 saw over 8 listings sold above listed price, more than 0 sold at listed price and over 0 sold below.

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