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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hamilton Township is a neutral's market

Buyer's
Market

Difference Since December 2023

Since last year, Hamilton Township has remained a Neutral Market.

Key Takeaway

Hamilton Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Hamilton Township, PA

How much do homes in Hamilton Township, PA cost?

Median Sold Price

$319,900

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$19,900(+6.6%)

Key Takeaway

Homes in Hamilton Township have sold for 6.6% more than they did a year ago.

Summary: The median home sold price in Hamilton Township was $319,900 in December 2024, up 6.6% from last year, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $199K$199K
0.0%
3 $257.4K$292.5K
+13.6%
4 $367.5K$370K
+0.7%
5+ $485K$421.4K
-13.1%

Summary: Hamilton Township housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes decreased by 13.1%.

Median Sold Price Compared To Nearby Cities

Hamilton Township
+6.6%
Chambersburg
+3.9%
Guilford Township
+2.8%
Saint Thomas Township
-10.3%

Housing Supply in Hamilton Township, PA

How many homes are available in Hamilton Township, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
4439-11.4%

Summary: The Hamilton Township real estate market had 39 homes for sale in December 2024, a 11.4% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 2217
-22.7%
4 1816
-11.1%
5+ 12
+100.0%

Summary: The Hamilton Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 22.7%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
96-33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was 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. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Hamilton Township in December 2024, down by 33.3% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.

Days on Market for Hamilton Township, PA

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

Average Sale Time

Dec 2023Dec 2024CHANGE
3 Days104 Days+2650.0%

Summary: Homes in Hamilton Township had an average of 104 days on market in Dec 2024, up by 2650% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were 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 December 2024, 6 homes were sold in Hamilton Township; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 4 Days Ago

Newest Listings in Hamilton Township, PA

Nearby Markets to Hamilton Township, PA

What housing markets are near Hamilton Township, PA?