$1,364 Closing Credit*
$114,900
1,476 SqFt
3 Beds
•1 Full Bath, 1 Partial
Jeffrey A. Scofield, Listing Office: RE/MAX Plus
Is Hamlin, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$216,000
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$1,000(+0.5%)
Key Takeaway
The sold price of homes in Hamlin has remained the same since last year.
Summary: The median home sold price in Hamlin was $216,000 in October 2024, up 0.5% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $108.6K | N/A |
| 2 Bedrooms | $199.9K | $190K | -5.0% |
| 3 Bedrooms | $205K | $220K | +7.3% |
| 4 Bedrooms | $218.7K | $230K | +5.1% |
| 5+ Bedrooms | $231K | $198.7K | -14.0% |
Summary: Hamlin housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes decreased by 14%.
Median Sold Price Compared To Nearby Cities
| Hamlin | $215K | $216K | 0.5% |
| Parma | $265K | $263.2K | -0.7% |
Housing Supply in Hamlin, NY
How many homes are available in Hamlin, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 25 | 26 | +4.0% |
Summary: The Hamlin real estate market had 26 homes for sale in October 2024, a 4.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 15 | 16 | +6.7% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Hamlin housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Asking Price vs. Sold Price
1 Home Was 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. 83.3% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Hamlin in October 2024, down by 14.3% month-over-month. Of the 6 sold homes, 17% were sold under asking, 0% were sold at asking, and 83% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 7 Days | 12 Days | +62.2% |
Summary: Homes in Hamlin had an average of 12 days on market in Oct 2024, up by 62.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were 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 October 2024, 6 homes were sold in Hamlin; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
