Is Fort Hamilton, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Fort Hamilton has remained a Buyer's Market.
Housing Prices in Fort Hamilton, NY
How much do homes in Fort Hamilton, NY cost?
Median Sold Price
$525,000
$537/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Fort Hamilton was $525,000 in April 2024, down 11.8% from last year, and the median price per square foot was $537.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $337.5K | $345K | +2.2% |
2 Bedrooms | $738K | $549.5K | -25.5% |
3 Bedrooms | $1.0M | $1.0M | +4.4% |
4 Bedrooms | $1.0M | $1.4M | +31.5% |
5+ Bedrooms | $1.4M | $1.4M | -1.8% |
Summary: Fort Hamilton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.2%, 2 bedroom homes decreased by 25.5%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 31.5%, and 5+ bedroom homes decreased by 1.8%.
Median Sold Price Compared To Nearby Neighborhoods
Bay Ridge | $985K | $999K | +1.4% |
New Utrecht | $1.0M | $994.1K | -6.0% |
Dyker Heights | $1.2M | $1.2M | -7.5% |
Fort Hamilton | $595K | $525K | -11.8% |
Housing Supply in Fort Hamilton, NY
How many homes are available in Fort Hamilton, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
113 | 108 | -4.4% |
Summary: The Fort Hamilton real estate market had 108 homes for sale in April 2024, a 4.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 44 | 41 | -6.8% |
2 Bedrooms | 45 | 45 | 0.0% |
3 Bedrooms | 11 | 11 | 0.0% |
4 Bedrooms | 8 | 5 | -37.5% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Fort Hamilton housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 6.8%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 13 | +30.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Fort Hamilton in April 2024, up by 30.0% month-over-month. Of the 13 sold homes, 69% were sold under asking, 23% were sold at asking, and 8% were sold over asking.
Days on Market for Fort Hamilton, NY
How long does it take to sell a home in Fort Hamilton, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
71 Days | 97 Days | +36.8% |
Summary: Homes in Fort Hamilton had an average of 97 days on market in Apr 2024, up by 36.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in Fort Hamilton; 8% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.