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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hamilton Township is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Hamilton Township, IN

How much do homes in Hamilton Township, IN cost?

Median Sold Price

$213,000

$110/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$7,000(-3.2%)

Key Takeaway

Homes in Hamilton Township have sold for 3.2% less than they did a year ago.

Summary: The median home sold price in Hamilton Township was $213,000 in September 2024, down 3.2% from last year, and the median price per square foot was $110.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 -$255K
N/A
2 $88.5K$185K
+109.0%
3 $177.5K$211.4K
+19.1%
4 $254.4K$213K
-16.3%
5+ $258.4K-
N/A

Summary: Hamilton Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 109%, 3 bedroom homes increased by 19.1%, 4 bedroom homes decreased by 16.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Muncie
+10.3%
Center Township
+6.4%
Hamilton Township
-3.2%

Housing Supply in Hamilton Township, IN

How many homes are available in Hamilton Township, IN?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
50500.0%

Summary: The Hamilton Township real estate market had 50 homes for sale in September 2024, the same as August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 21
-50.0%
2 87
-12.5%
3 3130
-3.2%
4 911
+22.2%
5+ 01
+100.0%

Summary: The Hamilton Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
1214+16.7%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hamilton Township, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Hamilton Township in September 2024, up by 16.7% month-over-month. Of the 14 sold homes, 57% were sold under asking, 21% were sold at asking, and 21% were sold over asking.

Days on Market for Hamilton Township, IN

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

Average Sale Time

Sep 2023Sep 2024CHANGE
3 Days84 Days+2711.1%

Summary: Homes in Hamilton Township had an average of 84 days on market in Sep 2024, up by 2711.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Hamilton Township has remained consistent over time.

Summary: During September 2024, 14 homes were sold in Hamilton Township; 0% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 7% 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 30 Days Ago

Newest Listings in Hamilton Township, IN

Nearby Markets to Hamilton Township, IN

What housing markets are near Hamilton Township, IN?