The housing market in Hamilton, IA is a great place to invest. The median value for homes in the area is $82,200, significantly lower than the US median house value of $338,100. This makes investing in Hamilton more affordable for potential buyers. Additionally, over the past year there has been an appreciation rate of 10.87%, which is higher than the 8.27% appreciation rate seen across the United States as a whole. This means that those who choose to purchase property in Hamilton will likely see a greater return on their investment over time.
The median home cost in Hamilton is $82,200. Home appreciation the last 10 years has been 65.4%. Home Appreciation in Hamilton is up 16.2%.
Average Age of Homes
- The median age of Hamilton real estate is 44 years old
The Rental Market in Hamilton
- Renters make up 8.5% 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.