Is Hamilton, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hamilton is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Hamilton was a Seller's Market.

Key Takeaway

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

Housing Prices in Hamilton, GA

How much do homes in Hamilton, GA cost?

Median Sold Price

$400,000

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$65,001(+19.4%)

Key Takeaway

Homes in Hamilton have sold for 19.4% more than they did a year ago.

Summary: The median home sold price in Hamilton was $400,000 in November 2024, up 19.4% from last year, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $365K$425K
+16.4%
3 $286K$399K
+39.5%
4 $314.9K$356.5K
+13.2%
5+ $388.7K$455K
+17.0%

Summary: Hamilton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.4%, 3 bedroom homes increased by 39.5%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes increased by 17%.

Housing Supply in Hamilton, GA

How many homes are available in Hamilton, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
815+87.5%

Summary: The Hamilton real estate market had 15 homes for sale in November 2024, a 87.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 38
+166.7%
4 01
+100.0%
5+ 34
+33.3%

Summary: The Hamilton housing inventory by bedroom type for November 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 166.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hamilton, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Hamilton in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Hamilton, GA

How long does it take to sell a home in Hamilton, GA?

Average Sale Time

Nov 2023Nov 2024CHANGE
49 Days146 Days+195.5%

Summary: Homes in Hamilton had an average of 146 days on market in Nov 2024, up by 195.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Hamilton are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 2 homes were sold in Hamilton; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

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

Report Updated 2 Days Ago

Newest Listings in Hamilton, GA

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