Hamilton, OH—45013
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hamilton, OH
As of Oct '25, the median home price in Hamilton, OH is $261,000, with a year-over-year change of 3.3%. This indicates that home prices in Hamilton, OH are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $261,000 | 3.3% |
| Single Family | $262,000 | 3.6% |
| Condos | $242,000 | 3.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $107,000 | -0.9% |
2 Bed | $175,000 | 3.6% |
3 Bed | $262,000 | 3.6% |
4 Bed | $375,000 | 4.7% |
| 5 Bed | $467,000 | 5.2% |
% of Housing Stock
Rental Trends — Hamilton, OH
As of July '25, Rentcast reports the average rent in Hamilton, OH is $1,450, with a year-over-year rent change of -2.0%. Per bedroom, the median rent as of July '25 in Hamilton, OH is studios: $1,360, 1-bedrooms: $884, 2-bedrooms: $1,100, 3-bedrooms: $1,850, 4-bedrooms: $2,060. The most common rental property sizes in Hamilton, OH are 2-bedroom and 3-bedroom, accounting for 45.3% and 23.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,280 | $1,450 |
| Studio Rent | $1,360 | $1,360 |
| 1 Bed Rent | $929 | $884 |
| 2 Bed Rent | $1,200 | $1,100 |
| 3 Bed Rent | $1,650 | $1,850 |
| 4 Bed Rent | $1,950 | $2,060 |
% of Rental Stock
Property Listings — Hamilton, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Hamilton, OH is 38. This is a decrease of -18.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $300,000 | 0.0% |
Listing Count | 174 | 4.0% |
| Listings as % of Homes | 0.4% | 4.0% |
Days on Market | 38 | -18.0% |
Demographics — Hamilton, OH
As of the latest ACS Survey released in 2023, Hamilton, OH has a population of 53,500, which has remained stable by -0.7% over the past 5 years. Hamilton, OH is a moderately popular place for families, as children make up 23.3% of the population. The area has a poorly educated workforce, with 22.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 53,500 | -0.7% |
% Under 18 | 23.3% | -2.9% |
% Seniors | 18.4% | -2.6% |
% WFH | 7.4% | 64.4% |
% w/ College Degree | 22.8% | 3.2% |
As of the latest ACS Survey released in 2023, Hamilton, OH is a predominantly white area, with 88.5% of the population identifying as white. The white population has shrunk by 4.7% in the last 5 years. The second most common race or ethnicity in Hamilton, OH is hispanic, making up 3.8% of the population. Foreign-born residents account for 1.8% of the population in Hamilton, OH, and this percentage has increased by 38.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 88.5% | -4.7% |
% Black | 2.6% | -25.7% |
% Hispanic | 3.8% | 245.5% |
% Asian | 0.5% | 0.0% |
% Foreign Born | 1.8% | 38.5% |
Mortgage and Risk — Hamilton, OH
According to HUD data as of 2023, there were 1157 mortgage originations in Hamilton, OH, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Hamilton, OH. Investor activity is low, as 3.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,157 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Hamilton, OH
As of 2024, the percent of homes in Hamilton, OH under the Section 8 program is 5.0%. 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. In Hamilton, OH, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 571 |
Total Units Section 8 | 400 |
% Rentals under Section 8 | 5.0% |
% Occupied Section 8 | 63.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$9 | $929 | $920 |
| 2 Bedroom | -$10 | $1,200 | $1,190 |
| 3 Bedroom | -$70 | $1,650 | $1,580 |
| 4 Bedroom | -$210 | $1,950 | $1,740 |
Affordability — Hamilton, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $261,000 |
| Median Household Income | $72,900 |