Hamilton, OH—45011
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 $361,000, with a year-over-year change of 4.3%. 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 | $361,000 | 4.3% |
| Single Family | $374,000 | 4.5% |
| Condos | $182,000 | 4.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $95,000 | 0.0% |
2 Bed | $148,000 | 0.7% |
3 Bed | $321,000 | 4.2% |
4 Bed | $451,000 | 4.4% |
| 5 Bed | $610,000 | 3.2% |
% of Housing Stock
Rental Trends — Hamilton, OH
As of July '25, Rentcast reports the average rent in Hamilton, OH is $1,890, with a year-over-year rent change of -10.0%. Per bedroom, the median rent as of July '25 in Hamilton, OH is 1-bedrooms: $1,070, 2-bedrooms: $1,160, 3-bedrooms: $1,830, 4-bedrooms: $2,770. The most common rental property sizes in Hamilton, OH are 2-bedroom and 3-bedroom, accounting for 43.7% and 24.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,550 | $1,890 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $950 | $1,070 |
| 2 Bed Rent | $1,100 | $1,160 |
| 3 Bed Rent | $1,760 | $1,830 |
| 4 Bed Rent | $2,750 | $2,770 |
% 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 42. This is a increase of 7.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 38.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $406,000 | 4.0% |
Listing Count | 198 | 3.0% |
| Listings as % of Homes | 0.4% | 3.0% |
Days on Market | 42 | 7.0% |
Demographics — Hamilton, OH
As of the latest ACS Survey released in 2023, Hamilton, OH has a population of 74,600, which has increased by 4.5% over the past 5 years. Hamilton, OH is a moderately popular place for families, as children make up 24.4% of the population. The area has a moderately educated workforce, with 31.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 74,600 | 4.5% |
% Under 18 | 24.4% | -7.9% |
% Seniors | 13.4% | 17.5% |
% WFH | 13.3% | 241.0% |
% w/ College Degree | 31.2% | 16.4% |
As of the latest ACS Survey released in 2023, Hamilton, OH is a predominantly white area, with 68.1% of the population identifying as white. The white population has shrunk by 10.3% in the last 5 years. The second most common race or ethnicity in Hamilton, OH is hispanic, making up 11.5% of the population. Foreign-born residents account for 10.8% of the population in Hamilton, OH, and this percentage has increased by 96.4% 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 | 68.1% | -10.3% |
% Black | 11.1% | -4.3% |
% Hispanic | 11.5% | 74.2% |
% Asian | 4.3% | 59.3% |
% Foreign Born | 10.8% | 96.4% |
Mortgage and Risk — Hamilton, OH
According to HUD data as of 2023, there were 1010 mortgage originations in Hamilton, OH, of which 79.0% 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 4.0% 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 | 1,010 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Hamilton, OH
As of 2024, the percent of homes in Hamilton, OH under the Section 8 program is 14.0%. 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. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Hamilton, OH, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,085 |
Total Units Section 8 | 1,063 |
% Rentals under Section 8 | 14.0% |
% Occupied Section 8 | 68.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$10 | $950 | $940 |
| 2 Bedroom | $120 | $1,100 | $1,220 |
| 3 Bedroom | -$140 | $1,760 | $1,620 |
| 4 Bedroom | -$960 | $2,750 | $1,790 |
Affordability — Hamilton, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $361,000 |
| Median Household Income | $90,400 |