Is Hamilton Park, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Hamilton Park has remained a Seller's Market.
Housing Prices in Hamilton Park, PA
How much do homes in Hamilton Park, PA cost?
Median Sold Price
$308,250
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Hamilton Park was $308,250 in April 2024, up 13.7% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $245K | $280K | +14.3% |
3 Bedrooms | $270K | $313.2K | +16.0% |
4 Bedrooms | $285K | $314.4K | +10.3% |
5+ Bedrooms | $400K | $417.2K | +4.3% |
Summary: Hamilton Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 4.3%.
Median Sold Price Compared To Nearby Neighborhoods
Hamilton Park | $271K | $308.2K | +13.7% |
West End | $255.7K | $290K | +13.4% |
Lehigh Parkway | $222.5K | $250K | +12.4% |
West Walnut / Union Terrace | $219.9K | $227.5K | +3.5% |
Housing Supply in Hamilton Park, PA
How many homes are available in Hamilton Park, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 18 | +5.9% |
Summary: The Hamilton Park real estate market had 18 homes for sale in April 2024, a 5.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 10 | 11 | +10.0% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Hamilton Park housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 7 | +75.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Hamilton Park in April 2024, up by 75.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 0% were sold at asking, and 43% were sold over asking.
Days on Market for Hamilton Park, PA
How long does it take to sell a home in Hamilton Park, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
8 Days | 12 Days | +51.8% |
Summary: Homes in Hamilton Park had an average of 12 days on market in Apr 2024, up by 51.8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Hamilton Park; 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.