$1,399,900
11.84 Acres
Land
Diana Joyce Austin, Listing Office: AM Realty LLC
Is Hamilton, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Hamilton was a Seller's Market.
Key Takeaway
Hamilton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hamilton, VA
How much do homes in Hamilton, VA cost?
Median Sold Price
$869,000
$336/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$234,000(+36.9%)
Key Takeaway
Homes in Hamilton have sold for 36.9% more than they did a month ago.
Summary: The median home sold price in Hamilton was $869,000 in November 2024, up 36.9% from last month, and the median price per square foot was $336.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $661.2K | - | N/A |
| 4 Bedrooms | $631.5K | $869K | +37.6% |
| 5+ Bedrooms | $1.5M | - | N/A |
Summary: Hamilton housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 37.6%, and 5+ bedroom homes did not change.
Housing Supply in Hamilton, VA
How many homes are available in Hamilton, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 12 | -25.0% |
Summary: The Hamilton real estate market had 12 homes for sale in November 2024, a 25.0% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Hamilton 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 remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 1 | -80.0% |
Asking Price vs. Sold Price
0 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 Hamilton, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Hamilton in November 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Hamilton, VA
How long does it take to sell a home in Hamilton, VA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 Days | 38 Days | +90.0% |
Summary: Homes in Hamilton had an average of 38 days on market in Nov 2024, up by 90% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Hamilton has remained consistent over time.
Summary: During November 2024, 1 homes were sold in Hamilton; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
