The Loco Real Estate Market Report

Hamilton, VA

Single-Family Homes

www.LocoMusings.com



Hamilton, VA

Sun Jul 05 2020
This week the median list price for Hamilton, VA is $759,000 with the market action index hovering around 43. This is less than last month's market action index of 49. Inventory has held steady at or around 15. Click here to stay informed with the Hamilton market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Hamilton, VA

Sun Jul 05 2020
This week the median list price for Hamilton, VA is $759,000 with the market action index hovering around 43. This is less than last month's market action index of 49. Inventory has held steady at or around 15. Click here to stay informed with the Hamilton market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Hamilton market.
Median List Price $759,000
Per Square Foot $151
Days on Market 62
Price Decreased 53%
Price Increased 0%
Relisted 7%
Inventory 15
Median Rent $2,200
Most Expensive $1,375,000
Least Expensive $377,000
Market Action 43
Slight Seller's Advantage

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,349,000 7,914 10 - 20 acres 5 3 19 0 0 116
$859,000 5,951 2.5 - 5 acres 5 4 10 1 1 28
$645,000 4,437 0.5 - 1 acre 4 3 16 1 0 82
$454,444 2,015 0.25 - 0.5 acre 3 2 123 0 2 33