$3,889 Closing Credit*
$327,500
2,190 SqFt
3 Beds
•2 Full Baths, 1 Partial
Sanjiv K Jain, Listing Office: Legacy Real Estate, Inc.
Is Hamilton Park, PA 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, Hamilton Park has remained a Seller's Market.
Key Takeaway
Hamilton Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hamilton Park, PA
How much do homes in Hamilton Park, PA cost?
Median Sold Price
$325,000
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$40,000(+14.0%)
Key Takeaway
Homes in Hamilton Park have sold for 14% more than they did a year ago.
Summary: The median home sold price in Hamilton Park was $325,000 in November 2024, up 14% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $280K | $290K | +3.6% |
| 3 Bedrooms | $285K | $315K | +10.5% |
| 4 Bedrooms | $293.5K | $350K | +19.3% |
| 5+ Bedrooms | $397.5K | $485K | +22.0% |
Summary: Hamilton Park 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 3.6%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 19.3%, and 5+ bedroom homes increased by 22%.
Median Sold Price Compared To Nearby Neighborhoods
| Lehigh Parkway | $230K | $265K | +15.2% |
| West Walnut / Union Terrace | $222.5K | $254K | +14.1% |
| Hamilton Park | $285K | $325K | +14.0% |
| West End | $275K | $303K | +10.2% |
Housing Supply in Hamilton Park, PA
How many homes are available in Hamilton Park, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 14 | -33.3% |
Summary: The Hamilton Park real estate market had 14 homes for sale in November 2024, a 33.3% 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 11 | 7 | -36.4% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Hamilton Park 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 100%, 3 bedroom homes decreased by 36.4%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 4 | -60.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hamilton Park, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Hamilton Park in November 2024, down by 60.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Hamilton Park, PA
How long does it take to sell a home in Hamilton Park, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 7 Days | 13 Days | +84.0% |
Summary: Homes in Hamilton Park had an average of 13 days on market in Nov 2024, up by 84% 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 Hamilton Park are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Hamilton Park; 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.
