$4,274 Closing Credit*
$359,900
1,849 SqFt
4 Beds
•2 Full Baths
Lancey Lewis, Listing Office: HOMELIFE REALTY COASTAL PROPERTIES LLC
Is Lake Hamilton, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Lake Hamilton has remained a Buyer's Market.
Key Takeaway
Lake Hamilton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lake Hamilton, FL
How much do homes in Lake Hamilton, FL cost?
Median Sold Price
$296,000
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$26,000(+9.6%)
Key Takeaway
Homes in Lake Hamilton have sold for 9.6% more than they did a year ago.
Summary: The median home sold price in Lake Hamilton was $296,000 in October 2024, up 9.6% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $115K | - | N/A |
| 2 Bedrooms | $215K | $230K | +7.0% |
| 3 Bedrooms | $270K | $305K | +13.0% |
| 4 Bedrooms | $410K | $344.5K | -16.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: Lake Hamilton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 13%, 4 bedroom homes decreased by 16%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Lake Hamilton | $270K | $296K | +9.6% |
| Haines City | $324.6K | $327.9K | +1.0% |
| Dundee | $295K | $285K | -3.4% |
Housing Supply in Lake Hamilton, FL
How many homes are available in Lake Hamilton, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 18 | +50.0% |
Summary: The Lake Hamilton real estate market had 18 homes for sale in October 2024, a 50.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 7 | 11 | +57.1% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lake Hamilton housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 57.1%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lake Hamilton, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Lake Hamilton in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Lake Hamilton, FL
How long does it take to sell a home in Lake Hamilton, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 52 Days | +160.0% |
Summary: Homes in Lake Hamilton had an average of 52 days on market in Oct 2024, up by 160% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Lake Hamilton has remained consistent over time.
Summary: During October 2024, 1 homes were sold in Lake Hamilton; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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