Hamilton, OH—45015
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 $173,000, with a year-over-year change of 2.2%. 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 | $173,000 | 2.2% |
| Single Family | $174,000 | 2.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $115,000 | -0.9% |
2 Bed | $156,000 | 2.0% |
3 Bed | $193,000 | 3.2% |
4 Bed | $213,000 | 2.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Hamilton, OH
As of July '25, Rentcast reports the average rent in Hamilton, OH is $1,430, with a year-over-year rent change of 2.9%. Per bedroom, the median rent as of July '25 in Hamilton, OH is 2-bedrooms: $1,070, 3-bedrooms: $1,570, 4-bedrooms: $1,700. The most common rental property sizes in Hamilton, OH are 2-bedroom and 3-bedroom, accounting for 38.1% and 32.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,350 | $1,430 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,080 | $1,070 |
| 3 Bed Rent | $1,500 | $1,570 |
| 4 Bed Rent | $1,700 | $1,700 |
% 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 32. This is a decrease of -28.0% 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 58.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $214,000 | 15.0% |
Listing Count | 31 | 14.0% |
| Listings as % of Homes | 0.4% | 14.0% |
Days on Market | 32 | -28.0% |
Demographics — Hamilton, OH
As of the latest ACS Survey released in 2023, Hamilton, OH has a population of 11,100, which has decreased by -5.2% over the past 5 years. Hamilton, OH is a popular place for families, as children make up 25.5% of the population. The area has a poorly educated workforce, with 11.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,100 | -5.2% |
% Under 18 | 25.5% | 1.6% |
% Seniors | 14.7% | 8.9% |
% WFH | 3.5% | 191.7% |
% w/ College Degree | 11.4% | 8.6% |
As of the latest ACS Survey released in 2023, Hamilton, OH is a predominantly white area, with 77.7% of the population identifying as white. The white population has shrunk by 0.6% in the last 5 years. The second most common race or ethnicity in Hamilton, OH is hispanic, making up 9.3% of the population. Foreign-born residents account for 11.0% of the population in Hamilton, OH, and this percentage has increased by 155.8% 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 | 77.7% | -0.6% |
% Black | 3.8% | -17.4% |
% Hispanic | 9.3% | -14.7% |
% Asian | 0.2% | -84.6% |
% Foreign Born | 11.0% | 155.8% |
Mortgage and Risk — Hamilton, OH
According to HUD data as of 2023, there were 177 mortgage originations in Hamilton, OH, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 44.0% 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 | 177 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Hamilton, OH
Hamilton, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 186 |
Total Units Section 8 | 183 |
% Rentals under Section 8 | 8.9% |
% Occupied Section 8 | 84.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,060 |
| 2 Bedroom | $300 | $1,080 | $1,380 |
| 3 Bedroom | $330 | $1,500 | $1,830 |
| 4 Bedroom | $320 | $1,700 | $2,020 |
Affordability — Hamilton, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $173,000 |
| Median Household Income | $45,500 |