$95,000
0.13 Acres
Land
•1 Full Bath
Jeffery Jones, Listing Office: North Star Real Estate & Property Management
Is Hammond, 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, Hammond has remained a Seller's Market.
Key Takeaway
Hammond is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hammond, NY
How much do homes in Hammond, NY cost?
Median Sold Price
$289,500
$232/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$49,500(+20.6%)
Key Takeaway
Homes in Hammond have sold for 20.6% more than they did a year ago.
Summary: The median home sold price in Hammond was $289,500 in October 2024, up 20.6% from last year, and the median price per square foot was $232.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $185K | N/A |
| 2 Bedrooms | $250.5K | $279K | +11.4% |
| 3 Bedrooms | $250K | $325K | +30.0% |
| 4 Bedrooms | $936.6K | $76.2K | -91.9% |
| 5+ Bedrooms | $154.5K | $515K | +233.3% |
Summary: Hammond 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 increased by 11.4%, 3 bedroom homes increased by 30%, 4 bedroom homes decreased by 91.9%, and 5+ bedroom homes increased by 233.3%.
Housing Supply in Hammond, NY
How many homes are available in Hammond, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 13 | +8.3% |
Summary: The Hammond real estate market had 13 homes for sale in October 2024, a 8.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Hammond 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 remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hammond, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Hammond in October 2024, up by 300.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Hammond, NY
How long does it take to sell a home in Hammond, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 4 Days | 13 Days | +225.0% |
Summary: Homes in Hammond had an average of 13 days on market in Oct 2024, up by 225% compared to last year.
Breakdown of Home Sale Times
4 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 Hammond are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Hammond; 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.
