Real Estate Statistics
|Avg. Days On Market||122|
Property Types (active listings)
Hamilton Homes for Sale
One interesting feature of the town is that it has been prone to flooding recently. The West Coast climate generally ensures the problem is not something that is year around, so the actual problem tends to be seasonal. Residents of the town have been well-prepared to deal with the issue.
The median age of Hamilton’s residents is 44 years old, which may account for the willingness of the residents to accept the occasional overwatering of their land. It is also an indicator that its residents are families with older children. A 20 minute drive will connect you with the east-west Route 20, a connection to a large area of the state.
Hamilton Real Estate
Though the issue of occasional flooding may scare some people off, there has been a growing interest in buying Hamilton real estate. One reason may be the very attractive median sale price of a home, which is about $115,000. Over the last year, the average home has appreciated in value by 7.5 percent. This is a reversal of a trend that has property values dropping.
The late 1990’s showed a significant uptick in new home building, which has since tapered off. Recent home buying activity has seen sales of a standard two story home, to a family 5-plex, to a 3 bedroom, 1 and a half bath, 1 and a half story home with natural surroundings including a fruit garden. There are rental situations available, but the majority of those properties are homes.
The bottom line to considering buying a property in Hamilton is that demand has increased while new home building has remained stagnant, opening the door for select buying opportunities.
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