Is Hamilton Township, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hamilton Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Hamilton Township, OH

How much do homes in Hamilton Township, OH cost?

Median Sold Price

$229,900

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$14,900(+6.9%)

Key Takeaway

Homes in Hamilton Township have sold for 6.9% more than they did a year ago.

Summary: The median home sold price in Hamilton Township was $229,900 in October 2024, up 6.9% from last year, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $117K$78K
-33.3%
2 $154K$150K
-2.6%
3 $218K$228K
+4.6%
4 $287.5K$311.6K
+8.4%
5+ $252.5K$385K
+52.5%

Summary: Hamilton Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 2.6%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes increased by 52.5%.

Median Sold Price Compared To Nearby Cities

Obetz
+7.7%
Hamilton Township
+6.9%
Groveport
0.0%

Housing Supply in Hamilton Township, OH

How many homes are available in Hamilton Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5158+13.7%

Summary: The Hamilton Township real estate market had 58 homes for sale in October 2024, a 13.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1713
-23.5%
3 1725
+47.1%
4 1517
+13.3%
5+ 12
+100.0%

Summary: The Hamilton Township 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 23.5%, 3 bedroom homes increased by 47.1%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1513-13.3%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hamilton Township, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Hamilton Township in October 2024, down by 13.3% month-over-month. Of the 13 sold homes, 62% were sold under asking, 15% were sold at asking, and 23% were sold over asking.

Days on Market for Hamilton Township, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
20 Days29 Days+44.6%

Summary: Homes in Hamilton Township had an average of 29 days on market in Oct 2024, up by 44.6% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 13 homes were sold in Hamilton Township; 23% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 8% 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 20 Days Ago

Newest Listings in Hamilton Township, OH

Nearby Markets to Hamilton Township, OH

What housing markets are near Hamilton Township, OH?