Altos Market Data for Realtors

Hamilton, VA

Single-Family Homes

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Hamilton, VA

Fri Apr 03 2020
This week the median list price for Hamilton, VA is $929,000 with the market action index hovering around 57. This is about the same as last month's market action index of 57. 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Hamilton, VA

Fri Apr 03 2020
This week the median list price for Hamilton, VA is $929,000 with the market action index hovering around 57. This is about the same as last month's market action index of 57. 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Hamilton market.
Median List Price $929,000
Per Square Foot $202
Days on Market 105
Price Decreased 43%
Price Increased 0%
Relisted 14%
Inventory 7
Median Rent $1,850
Most Expensive $1,474,999
Least Expensive $325,000
Market Action 57
Strong Seller's Market

Prices are climbing and we’re nearing the market’s all time high. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

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
$1,474,999 9,519 5 - 10 acres 5 6 15 1 0 399
$1,209,500 6,536 2.5 - 5 acres 4 4 27 1 0 10
$824,450 5,172 1 - 2.5 acres 5 3 99 1 0 154
$380,000 1,585 0.25 - 0.5 acre 2 2 67 1 0 3