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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hamilton is a neutral's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

Hamilton is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Hamilton, GA

How much do homes in Hamilton, GA cost?

Median Sold Price

$399,000

$160/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$63,000(+18.8%)

Key Takeaway

Homes in Hamilton have sold for 18.8% more than they did a year ago.

Summary: The median home sold price in Hamilton was $399,000 in December 2024, up 18.8% from last year, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $365K$407.4K
+11.6%
3 $297.5K$330K
+10.9%
4 $335K$385K
+14.9%
5+ $390.2K$438.9K
+12.5%

Summary: Hamilton housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.6%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 14.9%, and 5+ bedroom homes increased by 12.5%.

Housing Supply in Hamilton, GA

How many homes are available in Hamilton, GA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3942+7.7%

Summary: The Hamilton real estate market had 42 homes for sale in December 2024, a 7.7% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 31
-66.7%
3 1417
+21.4%
4 1213
+8.3%
5+ 1011
+10.0%

Summary: The Hamilton housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes increased by 21.4%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 10%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
57+40.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was 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. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Hamilton in December 2024, up by 40.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% 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

Dec 2023Dec 2024CHANGE
18 Days34 Days+83.1%

Summary: Homes in Hamilton had an average of 34 days on market in Dec 2024, up by 83.1% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Hamilton are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 7 homes were sold in Hamilton; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% 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 4 Days Ago

Newest Listings in Hamilton, GA

Nearby Markets to Hamilton, GA