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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hamilton County is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Hamilton County has remained a Seller's Market.

Key Takeaway

Hamilton County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Hamilton County, IN

How much do homes in Hamilton County, IN cost?

Median Sold Price

$417,701

$173/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$3,306(+0.8%)

Key Takeaway

Homes in Hamilton County have sold for 0.8% more than they did a year ago.

Summary: The median home sold price in Hamilton County was $417,701 in October 2024, up 0.8% from last year, and the median price per square foot was $173.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $178.5K$193.5K
+8.4%
2 $299.9K$321.7K
+7.3%
3 $341.5K$353.5K
+3.5%
4 $454.7K$474K
+4.3%
5+ $680.5K$678.6K
-0.3%

Summary: Hamilton County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.4%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes decreased by 0.3%.

Median Sold Price Compared To Nearby Counties

Tipton County
+20.9%
Marion County
+4.8%
Hancock County
+2.2%
Madison County
+2.1%
Hamilton County
+0.8%

Housing Supply in Hamilton County, IN

How many homes are available in Hamilton County, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1,6021,532-4.4%

Summary: The Hamilton County real estate market had 1,532 homes for sale in October 2024, a 4.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 77
0.0%
2 194189
-2.6%
3 594590
-0.7%
4 529492
-7.0%
5+ 278254
-8.6%

Summary: The Hamilton County 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 decreased by 2.6%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes decreased by 7%, and 5+ bedroom homes decreased by 8.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
475407-14.3%

Asking Price vs. Sold Price

229 Homes Were Sold
Under Asking

102 Homes Were Sold
At Asking

76 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hamilton County, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.

Summary: A total of 407 homes were sold or pending in Hamilton County in October 2024, down by 14.3% month-over-month. Of the 407 sold homes, 56% were sold under asking, 25% were sold at asking, and 19% were sold over asking.

Days on Market for Hamilton County, IN

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

Average Sale Time

Oct 2023Oct 2024CHANGE
25 Days31 Days+20.9%

Summary: Homes in Hamilton County had an average of 31 days on market in Oct 2024, up by 20.9% compared to last year.

Breakdown of Home Sale Times

272 Homes Were Sold
Under 30 Days

99 Homes Were Sold
In 30 - 90 Days

33 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 407 homes were sold in Hamilton County; 67% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 8% 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 20 Days Ago

Newest Listings in Hamilton County, IN

Nearby Markets to Hamilton County, IN

What housing markets are near Hamilton County, IN?