The Loco Real Estate Market Report

Hamilton, VA

Single-Family Homes

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Hamilton, VA

Fri May 29 2020
This week the median list price for Hamilton, VA is $844,950 with the market action index hovering around 53. This is less than last month's market action index of 55. Inventory has held steady at or around 14. 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.

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Hamilton, VA

Fri May 29 2020
This week the median list price for Hamilton, VA is $844,950 with the market action index hovering around 53. This is less than last month's market action index of 55. Inventory has held steady at or around 14. 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.

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Hamilton market.
Median List Price $844,950
Per Square Foot $152
Days on Market 52
Price Decreased 43%
Price Increased 0%
Relisted 0%
Inventory 14
Median Rent $2,400
Most Expensive $1,450,000
Least Expensive $100,000
Market Action 53
Strong Seller's Market

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
$1,425,000 5,400 2.5 - 5 acres 4 4 39 1 0 72
$968,000 7,671 2.5 - 5 acres 5 4 15 0 1 58
$812,500 5,544 2.5 - 5 acres 5 4 11 1 0 17
$472,000 2,120 0.5 - 1 acre 3 2 123 1 0 66