The housing market in Hamilton, IL is currently healthy and booming. The median value of a home in Hamilton is $96,700 compared to the U.S. national median value of $338,100. This shows that Hamilton offers more affordable housing options than the country overall. Furthermore, real estate appreciation in the past year has been strong with both the U.S. average at 8.27% and Hamilton at 7.86%. This indicates that homeowners in Hamilton can expect their homes to continue to grow in value over time making it a great place to invest in real estate for either a long-term or short-term investment strategy.
The median home cost in Hamilton is $96,700. Home appreciation the last 10 years has been 45.4%. Home Appreciation in Hamilton is up 14.9%.
Average Age of Homes
- The median age of Hamilton real estate is 48 years old
The Rental Market in Hamilton
- Renters make up 25.1% of the Hamilton population
- 0.0% 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.