Is Hamden, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hamden is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, Hamden has remained a Buyer's Market.

Key Takeaway

Hamden is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Hamden, NY

How much do homes in Hamden, NY cost?

Median Sold Price

$280,000

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$30,000(+12.0%)

Key Takeaway

Homes in Hamden have sold for 12% more than they did a year ago.

Summary: The median home sold price in Hamden was $280,000 in November 2024, up 12% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $55K-
N/A
2 $235K$206K
-12.3%
3 $300K$290K
-3.3%
4 $250K$465K
+86.0%
5+ $432.5K$197.6K
-54.3%

Summary: Hamden housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.3%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 86%, and 5+ bedroom homes decreased by 54.3%.

Median Sold Price Compared To Nearby Cities

Hamden
+12.0%
Andes
-14.3%

Housing Supply in Hamden, NY

How many homes are available in Hamden, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1014+40.0%

Summary: The Hamden real estate market had 14 homes for sale in November 2024, a 40.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 23
+50.0%
3 46
+50.0%
4 22
0.0%
5+ 22
0.0%

Summary: The Hamden housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hamden, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Hamden in November 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Hamden, NY

How long does it take to sell a home in Hamden, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
84 Days55 Days-34.5%

Summary: Homes in Hamden had an average of 55 days on market in Nov 2024, down by 34.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Hamden has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Hamden; 0% of homes were sold within 30 days, 100% 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 21 Days Ago

Newest Listings in Hamden, NY

Nearby Markets to Hamden, NY

What housing markets are near Hamden, NY?