Is Hamlin, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Hamlin has remained a Seller's Market.
Key Takeaway
Hamlin is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hamlin, NY
How much do homes in Hamlin, NY cost?
Median Sold Price
$212,750
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Hamlin have sold for 9.1% more than they did a year ago.
Summary: The median home sold price in Hamlin was $212,750 in June 2024, up 9.1% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $199.9K | $190K | -5.0% |
| 3 Bedrooms | $191K | $215K | +12.6% |
| 4 Bedrooms | $234.5K | $222.5K | -5.1% |
| 5+ Bedrooms | $185K | $225.2K | +21.8% |
Summary: Hamlin housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5%, 3 bedroom homes increased by 12.6%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes increased by 21.8%.
Median Sold Price Compared To Nearby Cities
| Hamlin | $195K | $212.7K | +9.1% |
| Parma | $249.9K | $265K | +6.0% |
Housing Supply in Hamlin, NY
How many homes are available in Hamlin, NY?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 20 | 19 | -5.0% |
Summary: The Hamlin real estate market had 19 homes for sale in June 2024, a 5.0% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 13 | 12 | -7.7% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Hamlin housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hamlin, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Hamlin in June 2024, up by 33.3% month-over-month. Of the 4 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Hamlin, NY
How long does it take to sell a home in Hamlin, NY?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 6 Days | 9 Days | +39.7% |
Summary: Homes in Hamlin had an average of 9 days on market in Jun 2024, up by 39.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hamlin are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 4 homes were sold in Hamlin; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
