Is Hamilton Township, 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 Township has remained a Seller's Market.
Housing Prices in Hamilton Township, PA
How much do homes in Hamilton Township, PA cost?
Median Sold Price
$297,450
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Hamilton Township was $297,450 in April 2024, down 0.9% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $185K | $199.4K | +7.8% |
3 Bedrooms | $252.5K | $259.9K | +3.0% |
4 Bedrooms | $335K | $360K | +7.5% |
5+ Bedrooms | $380K | $450K | +18.4% |
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 7.8%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 18.4%.
Median Sold Price Compared To Nearby Cities
Chambersburg | $245K | $262.4K | +7.1% |
Saint Thomas Township | $272.4K | $280.9K | +3.1% |
Guilford Township | $292.5K | $299.4K | +2.4% |
Hamilton Township | $300K | $297.4K | -0.9% |
Housing Supply in Hamilton Township, PA
How many homes are available in Hamilton Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
39 | 45 | +15.4% |
Summary: The Hamilton Township real estate market had 45 homes for sale in April 2024, a 15.4% 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 | 4 | 3 | -25.0% |
3 Bedrooms | 16 | 20 | +25.0% |
4 Bedrooms | 14 | 16 | +14.3% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Hamilton Township 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 decreased by 25%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 8 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Hamilton Township in April 2024, the same as the previous month. Of the 8 sold homes, 25% were sold under asking, 13% were sold at asking, and 63% were sold over asking.
Days on Market for Hamilton Township, PA
How long does it take to sell a home in Hamilton Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
26 Days | 9 Days | -63.1% |
Summary: Homes in Hamilton Township had an average of 9 days on market in Apr 2024, down by 63.1% compared to last year.
Breakdown of Home Sale Times
8 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, 8 homes were sold in Hamilton Township; 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.