$2,849 Closing Credit*
$239,900
2,514 SqFt
4 Beds
•1 Full Bath
Dave J Measer, Listing Office: REMAX North
Is Hamlin, NY 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, Hamlin has remained a Seller's Market.
Key Takeaway
Hamlin is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hamlin, NY
How much do homes in Hamlin, NY cost?
Median Sold Price
$220,000
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,000(+2.3%)
Key Takeaway
Homes in Hamlin have sold for 2.3% more than they did a year ago.
Summary: The median home sold price in Hamlin was $220,000 in November 2024, up 2.3% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $108.6K | N/A |
| 2 Bedrooms | $190K | $192.5K | +1.3% |
| 3 Bedrooms | $208.2K | $220K | +5.6% |
| 4 Bedrooms | $228.5K | $225K | -1.5% |
| 5+ Bedrooms | $231K | $198.7K | -14.0% |
Summary: Hamlin 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 increased by 1.3%, 3 bedroom homes increased by 5.6%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes decreased by 14%.
Median Sold Price Compared To Nearby Cities
| Hamlin | $215K | $220K | +2.3% |
| Parma | $265K | $264.5K | -0.2% |
| Kendall | $251K | $245K | -2.4% |
Housing Supply in Hamlin, NY
How many homes are available in Hamlin, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 21 | -32.3% |
Summary: The Hamlin real estate market had 21 homes for sale in November 2024, a 32.3% decrease 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 | 3 | 2 | -33.3% |
| 3 Bedrooms | 19 | 10 | -47.4% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Hamlin 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 33.3%, 3 bedroom homes decreased by 47.4%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hamlin, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Hamlin in November 2024, the same as the previous month. Of the 7 sold homes, 29% were sold under asking, 0% were sold at asking, and 71% were sold over asking.
Days on Market for Hamlin, NY
How long does it take to sell a home in Hamlin, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 8 Days | 15 Days | +78.3% |
Summary: Homes in Hamlin had an average of 15 days on market in Nov 2024, up by 78.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hamlin are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in Hamlin; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
