The housing market in Hamilton, AL is on the rise. According to recent data, the median value of houses in Hamilton is $141,600 - notably lower than the US median value of $338,100. However, what stands out even more is that over the last year, house appreciation in Hamilton has been 14.92%, much higher than the national rate of 8.27%. This trend suggests that now is an ideal time to invest in real estate in Hamilton and that home values are likely to continue increasing for some time.
The median home cost in Hamilton is $141,600. Home appreciation the last 10 years has been 61.6%. Home Appreciation in Hamilton is up 18.1%.
Average Age of Homes
- The median age of Hamilton real estate is 37 years old
The Rental Market in Hamilton
- Renters make up 26.5% of the Hamilton population
- 8.5% of houses and apartments in Hamilton, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.