The Loco Real Estate Market Report

Hamilton, VA

Single-Family Homes

Michael Elias www.LocoMusings.com



Hamilton, VA

Fri Nov 22 2019
This week the median list price for Hamilton, VA is $732,000 with the market action index hovering around 35. This is an increase over last month's market action index of 34. Inventory has held steady at or around 16. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Hamilton, VA

Fri Nov 22 2019
This week the median list price for Hamilton, VA is $732,000 with the market action index hovering around 35. This is an increase over last month's market action index of 34. Inventory has held steady at or around 16. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Hamilton market.
Median List Price $732,000
Per Square Foot $151
Days on Market 124
Price Decreased 50%
Price Increased 6%
Relisted 0%
Inventory 16
Median Rent $2,250
Most Expensive $1,485,000
Least Expensive $499,900
Market Action 35
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
$962,450 6,827 2.5 - 5 acres 5 5 8 0 0 266
$748,500 5,324 1 - 2.5 acres 4 3 15 0 0 50
$689,450 4,854 2.5 - 5 acres 4 3 15 0 0 120
$594,900 3,216 5 - 10 acres 3 3 34 0 2 59