Hamilton Heights, New York, NY—10031
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hamilton Heights, New York, NY
As of Oct '25, the median home price in Hamilton Heights, New York, NY is $542,000, with a year-over-year change of 3.2%. This indicates that home prices in Hamilton Heights, New York, NY are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $542,000 | 3.2% |
| Single Family | $1,218,000 | 9.3% |
| Condos | $481,000 | 3.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $438,000 | 4.5% |
2 Bed | $587,000 | 4.6% |
3 Bed | $525,000 | 4.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Hamilton Heights, New York, NY
As of July '25, Rentcast reports the average rent in Hamilton Heights, New York, NY is $3,200, with a year-over-year rent change of 4.2%. Per bedroom, the median rent as of July '25 in Hamilton Heights, New York, NY is studios: $2,310, 1-bedrooms: $2,750, 2-bedrooms: $3,630, 3-bedrooms: $3,440, 4-bedrooms: $2,600. The most common rental property sizes in Hamilton Heights, New York, NY are 2-bedroom and 3-bedroom, accounting for 36.5% and 29.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,950 | $3,200 |
| Studio Rent | $2,050 | $2,310 |
| 1 Bed Rent | $2,700 | $2,750 |
| 2 Bed Rent | $3,650 | $3,630 |
| 3 Bed Rent | $3,600 | $3,440 |
| 4 Bed Rent | $1,330 | $2,600 |
% of Rental Stock
Property Listings — Hamilton Heights, New York, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Hamilton Heights, New York, NY is 65. This is a decrease of -11.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $482,000 | -27.0% |
Listing Count | 59 | -22.0% |
| Listings as % of Homes | 0.2% | -22.0% |
Days on Market | 65 | -11.0% |
Demographics — Hamilton Heights, New York, NY
As of the latest ACS Survey released in 2023, Hamilton Heights, New York, NY has a population of 60,300, which has remained stable by 0.1% over the past 5 years. Hamilton Heights, New York, NY is a moderately popular place for families, as children make up 15.2% of the population. The area has a moderately educated workforce, with 40.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 60,300 | 0.1% |
% Under 18 | 15.2% | -9.5% |
% Seniors | 13.5% | 23.9% |
% WFH | 22.6% | 303.6% |
% w/ College Degree | 40.8% | 13.6% |
As of the latest ACS Survey released in 2023, Hamilton Heights, New York, NY is a predominantly hispanic area, with 48.9% of the population identifying as hispanic. The hispanic population has shrunk by 4.9% in the last 5 years. The second most common race or ethnicity in Hamilton Heights, New York, NY is black, making up 28.8% of the population. Foreign-born residents account for 37.5% of the population in Hamilton Heights, New York, NY, and this percentage has decreased by 5.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 17.6% | 1.1% |
% Black | 28.8% | -3.4% |
% Hispanic | 48.9% | -4.9% |
% Asian | 4.3% | 10.3% |
% Foreign Born | 37.5% | -5.1% |
Mortgage and Risk — Hamilton Heights, New York, NY
According to HUD data as of 2023, there were 74 mortgage originations in Hamilton Heights, New York, NY, of which 99.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 4.0% above 90% LTV (normal). This implies small mortgage risk in Hamilton Heights, New York, NY. Investor activity is low, as 3.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 74 |
% Conventional Loans | 99.0% |
% Government Loans | 1.0% |
% Investor Loans | 3.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 3.0% |
Loan Activity
Rentals and Section 8 — Hamilton Heights, New York, NY
As of 2024, the percent of homes in Hamilton Heights, New York, NY under the Section 8 program is 14.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Hamilton Heights, New York, NY, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 2,960 |
Total Units Section 8 | 2,960 |
% Rentals under Section 8 | 14.1% |
% Occupied Section 8 | 88.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$410 | $2,700 | $2,290 |
| 2 Bedroom | -$1,110 | $3,650 | $2,540 |
| 3 Bedroom | -$430 | $3,600 | $3,170 |
| 4 Bedroom | $2,090 | $1,330 | $3,420 |
Affordability — Hamilton Heights, New York, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8.7 |
| Median Home Price | $542,000 |
| Median Household Income | $65,100 |