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Friday, November 1, 2024

Home prices in Hamilton County during May 2024 increased compared to the same period in 2023

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In May, the median sale price of a home in Hamilton County rose by $13,250 from the same period in the previous year, while total sales increased by 21.6%, according to BlockShopper.com.

Data shows that there were 873 homes sold in May, with a median sale price of $240,000 - a 5.8% increase over the $226,750 median sale price for the same period of the previous year. There were 718 homes sold in Hamilton County in May 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 May's median home sale price.

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

May 2023June 2023July 2023August 2023September 2023October 2023November 2023December 2023January 2024February 2024March 2024April 2024May 2024$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$240,000$240,000

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