Hamilton, IN—46742
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hamilton, IN
As of Oct '25, the median home price in Hamilton, IN is $342,000, with a year-over-year change of 3.8%. This indicates that home prices in Hamilton, IN are increasing. According to Zillow, the 1-year price projection is 3.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $342,000 | 3.8% |
| Single Family | $345,000 | 3.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $271,000 | 5.4% |
3 Bed | $348,000 | 4.8% |
4 Bed | $578,000 | 3.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Hamilton, IN
Hamilton, IN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Hamilton, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Hamilton, IN is 106. This is a decrease of -6.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $437,000 | -23.0% |
Listing Count | 14 | -33.0% |
| Listings as % of Homes | 0.5% | -33.0% |
Days on Market | 106 | -6.0% |
Demographics — Hamilton, IN
As of the latest ACS Survey released in 2023, Hamilton, IN has a population of 3,130, which has decreased by -13.5% over the past 5 years. Hamilton, IN is a moderately popular place for families, as children make up 20.3% of the population. The area has a poorly educated workforce, with 22.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,130 | -13.5% |
% Under 18 | 20.3% | -14.3% |
% Seniors | 24.7% | 59.4% |
% WFH | 7.7% | 381.2% |
% w/ College Degree | 22.4% | 5.7% |
As of the latest ACS Survey released in 2023, Hamilton, IN is a predominantly white area, with 97.5% of the population identifying as white. The white population has grown by 0.5% in the last 5 years. The second most common race or ethnicity in Hamilton, IN is hispanic, making up 0.9% of the population. Foreign-born residents account for 1.0% of the population in Hamilton, IN, and this percentage has decreased by 33.3% 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 | 97.5% | 0.5% |
% Black | 0.0% | -100.0% |
% Hispanic | 0.9% | 28.6% |
% Asian | 0.2% | -50.0% |
% Foreign Born | 1.0% | -33.3% |
Mortgage and Risk — Hamilton, IN
According to HUD data as of 2023, there were 110 mortgage originations in Hamilton, IN, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Hamilton, IN. Investor activity is low, as 2.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 110 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 2.0% |
% Second Loans | 10.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Hamilton, IN
Hamilton, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $800 |
| 2 Bedroom | N/A | N/A | $1,050 |
| 3 Bedroom | N/A | N/A | $1,320 |
| 4 Bedroom | N/A | N/A | $1,390 |
Affordability — Hamilton, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $342,000 |
| Median Household Income | $77,000 |