Is Hamilton, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hamilton is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Hamilton has remained a Seller's Market.

Key Takeaway

Hamilton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Hamilton, OH

How much do homes in Hamilton, OH cost?

Median Sold Price

$214,900

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$9,900(+4.8%)

Key Takeaway

Homes in Hamilton have sold for 4.8% more than they did a year ago.

Summary: The median home sold price in Hamilton was $214,900 in September 2024, up 4.8% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $89K$91.5K
+2.8%
2 $160K$150K
-6.3%
3 $211K$220K
+4.3%
4 $325.8K$311.6K
-4.4%
5+ $174K$389K
+123.6%

Summary: Hamilton housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.8%, 2 bedroom homes decreased by 6.3%, 3 bedroom homes increased by 4.3%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes increased by 123.6%.

Median Sold Price Compared To Nearby Cities

Saint Clair Township
+30.9%
Fairfield Township
+5.1%
Hamilton
+4.8%

Housing Supply in Hamilton, OH

How many homes are available in Hamilton, OH?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
6052-13.3%

Summary: The Hamilton real estate market had 52 homes for sale in September 2024, a 13.3% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 11
0.0%
2 1817
-5.6%
3 2620
-23.1%
4 1111
0.0%
5+ 43
-25.0%

Summary: The Hamilton housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 5.6%, 3 bedroom homes decreased by 23.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
1416+14.3%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hamilton, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Hamilton in September 2024, up by 14.3% month-over-month. Of the 16 sold homes, 56% were sold under asking, 6% were sold at asking, and 38% were sold over asking.

Days on Market for Hamilton, OH

How long does it take to sell a home in Hamilton, OH?

Average Sale Time

Sep 2023Sep 2024CHANGE
39 Days22 Days-43.2%

Summary: Homes in Hamilton had an average of 22 days on market in Sep 2024, down by 43.2% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Hamilton are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 16 homes were sold in Hamilton; 31% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 30 Days Ago

Newest Listings in Hamilton, OH

Nearby Markets to Hamilton, OH

What housing markets are near Hamilton, OH?