Is Lake Hamilton, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Lake Hamilton has remained a Seller's Market.
Key Takeaway
Lake Hamilton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lake Hamilton, FL
How much do homes in Lake Hamilton, FL cost?
Median Sold Price
$278,000
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Lake Hamilton have sold for 4.9% more than they did a year ago.
Summary: The median home sold price in Lake Hamilton was $278,000 in May 2024, up 4.9% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $115K | N/A |
| 2 Bedrooms | $250K | $202.4K | -19.0% |
| 3 Bedrooms | $259K | $285.9K | +10.4% |
| 4 Bedrooms | $325K | $400K | +23.1% |
| 5+ Bedrooms | $715K | - | N/A |
Summary: Lake Hamilton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Lake Hamilton | $265K | $278K | +4.9% |
| Haines City | $330K | $325K | -1.5% |
| Dundee | $300K | $290K | -3.3% |
Housing Supply in Lake Hamilton, FL
How many homes are available in Lake Hamilton, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 14 | 14 | 0.0% |
Summary: The Lake Hamilton real estate market had 14 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lake Hamilton housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Lake Hamilton, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Lake Hamilton in May 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Lake Hamilton, FL
How long does it take to sell a home in Lake Hamilton, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 43 Days | 14 Days | -66.0% |
Summary: Homes in Lake Hamilton had an average of 14 days on market in May 2024, down by 66% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lake Hamilton are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 3 homes were sold in Lake Hamilton; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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