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Sunday, November 24, 2024

Valuation: Pricing for the median home in Hamilton County increased in April 2024 compared to April 2023

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In April, the median sale price of a home in Hamilton County rose by $7,300 from the same period in the previous year, while total sales increased by 16.8%, according to BlockShopper.com.

Data shows that there were 756 homes sold in April, with a median sale price of $217,300 - a 3.5% increase over the $210,000 median sale price for the same period of the previous year. There were 647 homes sold in Hamilton County in April 2023.

For context, the median sales tax in Hamilton County, based on the latest available data from 2021, was $1,598, which stands at 0.7% of April's median home sale price.

The following histogram displays changes in median sales prices in Hamilton County from April 2023 to April 2024.

April 2023May 2023June 2023July 2023August 2023September 2023October 2023November 2023December 2023January 2024February 2024March 2024April 2024$210,000$210,000$226,750$226,750$230,000$230,000$245,000$245,000$222,000$222,000$215,000$215,000$220,000$220,000$205,000$205,000$236,500$236,500$195,000$195,000$218,900$218,900$259,950$259,950$217,300$217,300

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