The Loco Real Estate Market Report

Hamilton, VA

Single-Family Homes

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Hamilton, VA

Sat Jul 11 2020
This week the median list price for Hamilton, VA is $774,900 with the market action index hovering around 50. This is an increase over last month's market action index of 46. Inventory has held steady at or around 11. 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

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Hamilton, VA

Sat Jul 11 2020
This week the median list price for Hamilton, VA is $774,900 with the market action index hovering around 50. This is an increase over last month's market action index of 46. Inventory has held steady at or around 11. 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

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Hamilton market.
Median List Price $774,900
Per Square Foot $164
Days on Market 79
Price Decreased 55%
Price Increased 0%
Relisted 0%
Inventory 11
Median Rent $2,150
Most Expensive $1,349,000
Least Expensive $377,000
Market Action 50
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
$1,324,000 5,833 10 - 20 acres 4 3 88 0 0 122
$925,000 6,644 2.5 - 5 acres 5 4 15 0 2 72
$655,000 4,456 1 - 2.5 acres 4 3 16 1 2 91
$459,000 2,208 0.25 - 0.5 acre 3 2 147 0 1 44