Is Hamilton Hills, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Hamilton Hills was a Neutral Market.
Housing Prices in Hamilton Hills, MD
How much do homes in Hamilton Hills, MD cost?
Median Sold Price
$265,000
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Hamilton Hills was $265,000 in March 2024, up 8.2% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $185K | $170K | -8.1% |
3 Bedrooms | $225K | $250K | +11.1% |
4 Bedrooms | $273.7K | $297.4K | +8.7% |
5+ Bedrooms | $300K | $340K | +13.3% |
Summary: Hamilton Hills 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 decreased by 8.1%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 13.3%.
Housing Supply in Hamilton Hills, MD
How many homes are available in Hamilton Hills, MD?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
36 | 34 | -5.6% |
Summary: The Hamilton Hills real estate market had 34 homes for sale in March 2024, a 5.6% decrease 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 | 6 | 5 | -16.7% |
3 Bedrooms | 15 | 13 | -13.3% |
4 Bedrooms | 12 | 12 | 0.0% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Hamilton Hills 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 decreased by 16.7%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 3 | -57.1% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Hamilton Hills in March 2024, down by 57.1% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.
Days on Market for Hamilton Hills, MD
How long does it take to sell a home in Hamilton Hills, MD?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
36 Days | 36 Days | 0.2% |
Summary: Homes in Hamilton Hills had an average of 36 days on market in Mar 2024, up by 0.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Hamilton Hills; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.