Is Hamilton County, NY 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 County was a Seller's Market.
Housing Prices in Hamilton County, NY
How much do homes in Hamilton County, NY cost?
Median Sold Price
$282,000
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Hamilton County was $282,000 in March 2024, up 2.5% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $77.5K | $70K | -9.7% |
2 Bedrooms | $220K | $204K | -7.3% |
3 Bedrooms | $275K | $304.5K | +10.7% |
4 Bedrooms | $360K | $331.1K | -8.0% |
5+ Bedrooms | $470K | $320K | -31.9% |
Summary: Hamilton County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.7%, 2 bedroom homes decreased by 7.3%, 3 bedroom homes increased by 10.7%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes decreased by 31.9%.
Median Sold Price Compared To Nearby Counties
Essex County | $177K | $202.2K | +14.3% |
Fulton County | $148.2K | $162.2K | +9.5% |
Warren County | $279.7K | $289.1K | +3.3% |
Hamilton County | $275K | $282K | +2.5% |
Herkimer County | $160K | $155K | -3.1% |
Housing Supply in Hamilton County, NY
How many homes are available in Hamilton County, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
18 | 18 | 0.0% |
Summary: The Hamilton County real estate market had 18 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 4 | 4 | 0.0% |
4 Bedrooms | 4 | 2 | -50.0% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Hamilton County 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 20%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Hamilton County in March 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Hamilton County, NY
How long does it take to sell a home in Hamilton County, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
164 Days | 71 Days | -56.6% |
Summary: Homes in Hamilton County had an average of 71 days on market in Mar 2024, down by 56.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Hamilton County; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.