Is Hamilton Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Hamilton Township has remained a Seller's Market.
Housing Prices in Hamilton Township, OH
How much do homes in Hamilton Township, OH cost?
Median Sold Price
$220,000
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Hamilton Township was $220,000 in March 2024, up 2.3% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $44K | $104.5K | +137.5% |
2 Bedrooms | $147K | $151K | +2.7% |
3 Bedrooms | $213.7K | $224.9K | +5.2% |
4 Bedrooms | $290K | $297.5K | +2.6% |
5+ Bedrooms | $345K | $416.4K | +20.7% |
Summary: Hamilton Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 137.5%, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 20.7%.
Median Sold Price Compared To Nearby Cities
Obetz | $269K | $293K | +8.9% |
Lockbourne | $280K | $300K | +7.1% |
Lockbourne | $282.5K | $300K | +6.2% |
Groveport | $284K | $300K | +5.6% |
Hamilton Township | $215K | $220K | +2.3% |
Housing Supply in Hamilton Township, OH
How many homes are available in Hamilton Township, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
107 | 103 | -3.7% |
Summary: The Hamilton Township real estate market had 103 homes for sale in March 2024, a 3.7% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 13 | 16 | +23.1% |
3 Bedrooms | 70 | 62 | -11.4% |
4 Bedrooms | 20 | 21 | +5.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Hamilton Township 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 23.1%, 3 bedroom homes decreased by 11.4%, 4 bedroom homes increased by 5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
34 | 26 | -23.5% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in Hamilton Township in March 2024, down by 23.5% month-over-month. Of the 26 sold homes, 46% were sold under asking, 31% were sold at asking, and 23% were sold over asking.
Days on Market for Hamilton Township, OH
How long does it take to sell a home in Hamilton Township, OH?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
64 Days | 58 Days | -9.0% |
Summary: Homes in Hamilton Township had an average of 58 days on market in Mar 2024, down by 9% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 26 homes were sold in Hamilton Township; 38% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.