Is Hamilton, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hamilton is a seller's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

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

Housing Prices in Hamilton, NJ

How much do homes in Hamilton, NJ cost?

Median Sold Price

$535,000

$331/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$65,600(+14.0%)

Key Takeaway

Homes in Hamilton have sold for 14% more than they did a year ago.

Summary: The median home sold price in Hamilton was $535,000 in December 2024, up 14% from last year, and the median price per square foot was $331.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $422K$515K
+22.0%
3 $459K$529K
+15.3%
4 $490K$562.5K
+14.8%
5+ $510K$592.5K
+16.2%

Summary: Hamilton housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 22%, 3 bedroom homes increased by 15.3%, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes increased by 16.2%.

Median Sold Price Compared To Nearby Neighborhoods

Hamilton
+14.0%
Shark River Hills
+1.7%

Housing Supply in Hamilton, NJ

How many homes are available in Hamilton, NJ?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2823-17.9%

Summary: The Hamilton real estate market had 23 homes for sale in December 2024, a 17.9% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 1012
+20.0%
4 128
-33.3%
5+ 20
-100.0%

Summary: The Hamilton housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
510+100.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hamilton, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Hamilton in December 2024, up by 100.0% month-over-month. Of the 10 sold homes, 50% were sold under asking, 10% were sold at asking, and 40% were sold over asking.

Days on Market for Hamilton, NJ

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

Average Sale Time

Dec 2023Dec 2024CHANGE
26 Days23 Days-13.4%

Summary: Homes in Hamilton had an average of 23 days on market in Dec 2024, down by 13.4% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 10 homes were sold in Hamilton; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% 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 6 Days Ago

Newest Listings in Hamilton, NJ

Nearby Markets to Hamilton, NJ