Is Hamilton, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Hamilton has remained a Seller's Market.
Housing Prices in Hamilton, OH
How much do homes in Hamilton, OH cost?
Median Sold Price
$215,000
$189/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Hamilton was $215,000 in March 2024, up 0.5% from last month, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $137.9K | $141.5K | +2.6% |
3 Bedrooms | $220.5K | $217.5K | -1.4% |
4 Bedrooms | $321.6K | $279K | -13.2% |
5+ Bedrooms | - | - | N/A |
Summary: Hamilton housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.6%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes decreased by 13.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Saint Clair Township | $93K | $230K | +147.3% |
Fairfield Township | $302.5K | $337.5K | +11.6% |
Hamilton | $214K | $215K | 0.5% |
Housing Supply in Hamilton, OH
How many homes are available in Hamilton, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
59 | 51 | -13.6% |
Summary: The Hamilton real estate market had 51 homes for sale in March 2024, a 13.6% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 12 | 13 | +8.3% |
3 Bedrooms | 36 | 28 | -22.2% |
4 Bedrooms | 10 | 9 | -10.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Hamilton 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 8.3%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
24 | 15 | -37.5% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Hamilton in March 2024, down by 37.5% month-over-month. Of the 15 sold homes, 53% were sold under asking, 27% were sold at asking, and 20% 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
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
62 Days | 60 Days | -2.5% |
Summary: Homes in Hamilton had an average of 60 days on market in Mar 2024, down by 2.5% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 15 homes were sold in Hamilton; 20% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.