$4,263 Closing Credit*
$359,000
1,764 SqFt
4 Beds
•1 Full Bath, 2 Partial
Listing Office: BHHS - Choice Properties
Is Hamilton Park, PA 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, 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
$324,950
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$39,950(+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 $324,950 in October 2024, up 14% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $280K | $290K | +3.6% |
| 3 Bedrooms | $282.5K | $315K | +11.5% |
| 4 Bedrooms | $291.7K | $350K | +20.0% |
| 5+ Bedrooms | $397.5K | $485K | +22.0% |
Summary: Hamilton Park 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 3.6%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 22%.
Median Sold Price Compared To Nearby Neighborhoods
| West Walnut / Union Terrace | $222.5K | $265K | +19.1% |
| Lehigh Parkway | $224.9K | $260K | +15.6% |
| Hamilton Park | $285K | $324.9K | +14.0% |
| West End | $270K | $301.5K | +11.7% |
Housing Supply in Hamilton Park, PA
How many homes are available in Hamilton Park, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 18 | -18.2% |
Summary: The Hamilton Park real estate market had 18 homes for sale in October 2024, a 18.2% decrease 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 13 | 8 | -38.5% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Hamilton Park 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 38.5%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 8 | +60.0% |
Asking Price vs. Sold Price
3 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 Hamilton Park, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Hamilton Park in October 2024, up by 60.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 0% were sold at asking, and 63% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 4 Days | 9 Days | +100.9% |
Summary: Homes in Hamilton Park had an average of 9 days on market in Oct 2024, up by 100.9% compared to last year.
Breakdown of Home Sale Times
8 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 October 2024, 8 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.
