The housing market in Hamilton, NY County is currently doing very well. The median value of houses is around $262,300 which is considerably lower than the US House median value of $338,100. However, housing appreciation over the past year has been more robust in Hamilton County compared to the US average with an increase of 10.88%, higher than the national average of 8.27%. This shows that this area is a great place for potential homeowners to invest in due to its growth prospects and affordability.
The median home cost in Hamilton County is $262,300. Home appreciation the last 10 years has been 56.3%. Home Appreciation in Hamilton County is up 12.9%.
Average Age of Homes
- The median age of Hamilton County real estate is 52 years old
The Rental Market in Hamilton County
- Renters make up 3.4% of the Hamilton County population
- 0.4% of houses and apartments in Hamilton County, 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.