$3,907 Closing Credit*
$329,000
1,575 SqFt
4 Beds
•3 Full Baths
Sarbjit Singh, Listing Office: Keller Williams Gateway LLC
Is Hamilton Hills, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Hamilton Hills was a Seller's Market.
Key Takeaway
Hamilton Hills 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 Hills, MD
How much do homes in Hamilton Hills, MD cost?
Median Sold Price
$275,000
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$12,000(+4.6%)
Key Takeaway
Homes in Hamilton Hills have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in Hamilton Hills was $275,000 in October 2024, up 4.6% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $170K | $165K | -2.9% |
| 3 Bedrooms | $236.5K | $250K | +5.7% |
| 4 Bedrooms | $275K | $330K | +20.0% |
| 5+ Bedrooms | $350K | $302.5K | -13.6% |
Summary: Hamilton Hills 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 decreased by 2.9%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 13.6%.
Housing Supply in Hamilton Hills, MD
How many homes are available in Hamilton Hills, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 19 | +18.8% |
Summary: The Hamilton Hills real estate market had 19 homes for sale in October 2024, a 18.8% 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 | 1 | 0.0% |
| 3 Bedrooms | 8 | 10 | +25.0% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Hamilton Hills 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 remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hamilton Hills, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Hamilton Hills in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.
Days on Market for Hamilton Hills, MD
How long does it take to sell a home in Hamilton Hills, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 17 Days | 13 Days | -24.5% |
Summary: Homes in Hamilton Hills had an average of 13 days on market in Oct 2024, down by 24.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hamilton Hills are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Hamilton Hills; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
