Altos Market Data for Realtors

Hamilton, VA

Single-Family Homes

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Hamilton, VA

Sat Nov 28 2020
This week the median list price for Hamilton, VA is $629,900 with the market action index hovering around 66. This is less than last month's market action index of 69. Inventory has held steady at or around 7. 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 off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Hamilton, VA

Sat Nov 28 2020
This week the median list price for Hamilton, VA is $629,900 with the market action index hovering around 66. This is less than last month's market action index of 69. Inventory has held steady at or around 7. 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 off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the Hamilton market.
Median List Price $629,900
Per Square Foot $197
Days on Market 76
Price Decreased 57%
Price Increased 0%
Relisted 0%
Inventory 7
Median Rent $2,500
Most Expensive $1,349,000
Least Expensive $339,300
Market Action 66
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. The Market Action Index is a good leading indicator for the durability of this trend.

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 2,618 10 - 20 acres 4 2 160 0 1 308
$907,450 5,066 2.5 - 5 acres 4 4 17 1 1 3
$552,400 2,718 0.25 - 0.5 acre 4 3 35 0 1 14
$394,600 2,194 0.25 - 0.5 acre 3 2 108 1 0 94