$818 Closing Credit*
$68,900
1,128 SqFt
3 Beds
•1 Full Bath
Lori A Brown, Listing Office: Realhome Services and Solutions Inc
Is Hamilton Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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, MI
How much do homes in Hamilton Township, MI cost?
Median Sold Price
$289,200
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$27,300(-8.6%)
Key Takeaway
Homes in Hamilton Township have sold for 8.6% less than they did a year ago.
Summary: The median home sold price in Hamilton Township was $289,200 in November 2024, down 8.6% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $132K | $96K | -27.3% |
| 2 Bedrooms | $272.5K | $160K | -41.3% |
| 3 Bedrooms | $275.2K | $288.5K | +4.8% |
| 4 Bedrooms | $375K | $357.5K | -4.7% |
| 5+ Bedrooms | $912.4K | $548K | -39.9% |
Summary: Hamilton Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 27.3%, 2 bedroom homes decreased by 41.3%, 3 bedroom homes increased by 4.8%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes decreased by 39.9%.
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 |
|---|---|---|
| 37 | 32 | -13.5% |
Summary: The Hamilton Township real estate market had 32 homes for sale in November 2024, a 13.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 13 | 9 | -30.8% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 2 | 0 | -100.0% |
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 decreased by 30.8%, 3 bedroom homes remained the same, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hamilton Township, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Hamilton Township in November 2024, the same as the previous month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 49 Days | 48 Days | -2.5% |
Summary: Homes in Hamilton Township had an average of 48 days on market in Nov 2024, down by 2.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were 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, 8 homes were sold in Hamilton Township; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. 
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