Is Hamilton, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Hamilton was a Seller's Market.
Housing Prices in Hamilton, MT
How much do homes in Hamilton, MT cost?
Median Sold Price
$510,975
$315/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Hamilton was $510,975 in April 2024, down 2.7% from last year, and the median price per square foot was $315.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $294.5K | - | N/A |
2 Bedrooms | $372.5K | $399.9K | +7.4% |
3 Bedrooms | $532K | $524.9K | -1.3% |
4 Bedrooms | $815K | $657.5K | -19.3% |
5+ Bedrooms | $1.4M | $1.9M | +34.3% |
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 increased by 7.4%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes decreased by 19.3%, and 5+ bedroom homes increased by 34.3%.
Median Sold Price Compared To Nearby Cities
Corvallis | $685K | $695.9K | +1.6% |
Hamilton | $524.9K | $510.9K | -2.7% |
Housing Supply in Hamilton, MT
How many homes are available in Hamilton, MT?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
81 | 107 | +32.1% |
Summary: The Hamilton real estate market had 107 homes for sale in April 2024, a 32.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 15 | 20 | +33.3% |
3 Bedrooms | 47 | 59 | +25.5% |
4 Bedrooms | 12 | 20 | +66.7% |
5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Hamilton housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 25.5%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 18 | +80.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Hamilton in April 2024, up by 80.0% month-over-month. Of the 18 sold homes, 56% were sold under asking, 44% were sold at asking, and 0% were sold over asking.
Days on Market for Hamilton, MT
How long does it take to sell a home in Hamilton, MT?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
72 Days | 251 Days | +248.4% |
Summary: Homes in Hamilton had an average of 251 days on market in Apr 2024, up by 248.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During April 2024, 18 homes were sold in Hamilton; 22% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 56% of homes were sold over 90 days.