Is Hamilton Township, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hamilton Township is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Hamilton Township was a Neutral Market.

Key Takeaway

Hamilton Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Hamilton Township, IN

How much do homes in Hamilton Township, IN cost?

Median Sold Price

$209,000

$116/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$16,495(-7.3%)

Key Takeaway

Homes in Hamilton Township have sold for 7.3% less than they did a year ago.

Summary: The median home sold price in Hamilton Township was $209,000 in April 2024, down 7.3% from last year, and the median price per square foot was $116.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $67.4K$155.4K
+130.6%
3 $179K$180K
+0.6%
4 $249K$249.4K
0.2%
5+ $258.4K$304.9K
+18.0%

Summary: Hamilton Township 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 130.6%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes increased by 18%.

Median Sold Price Compared To Nearby Cities

Muncie
+17.4%
Center Township
-4.2%
Hamilton Township
-7.3%

Housing Supply in Hamilton Township, IN

How many homes are available in Hamilton Township, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1929+52.6%

Summary: The Hamilton Township real estate market had 29 homes for sale in April 2024, a 52.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 02
+100.0%
2 35
+66.7%
3 1014
+40.0%
4 57
+40.0%
5+ 11
0.0%

Summary: The Hamilton Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
440.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hamilton Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Hamilton Township in April 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Hamilton Township, IN

We’re sorry, we don't have information for this market at the moment

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

Report Updated 18 Days Ago

Newest Listings in Hamilton Township, IN

Nearby Markets to Hamilton Township, IN

What housing markets are near Hamilton Township, IN?