$4,750 Closing Credit*
$400,000
2,346 SqFt
3 Beds
•2 Full Baths
Javier Rodriguez, Listing Office: Lake Michigan Realty Mgmt
Is Hamilton Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Hamilton Township was a Buyer'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, MI
How much do homes in Hamilton Township, MI cost?
Median Sold Price
$415,000
$245/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$189,000(+83.6%)
Key Takeaway
Homes in Hamilton Township have sold for 83.6% more than they did a month ago.
Summary: The median home sold price in Hamilton Township was $415,000 in November 2024, up 83.6% from last month, and the median price per square foot was $245.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $226K | $404.3K | +78.9% |
| 3 Bedrooms | - | $410K | N/A |
| 4 Bedrooms | - | $415K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Hamilton Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 78.9%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Hamilton Township, MI
How many homes are available in Hamilton Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 27 | +17.4% |
Summary: The Hamilton Township real estate market had 27 homes for sale in November 2024, a 17.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 9 | 12 | +33.3% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Hamilton Township 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 increased by 20%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 6 | +500.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hamilton Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Hamilton Township in November 2024, up by 500.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.
Days on Market for Hamilton Township, MI
How long does it take to sell a home in Hamilton Township, MI?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 Days | 19 Days | +550.0% |
Summary: Homes in Hamilton Township had an average of 19 days on market in Nov 2024, up by 550% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Hamilton Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in Hamilton Township; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
