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Dynamic.RE · SFR Market Intelligence

Hamilton, Ohio Housing Market

Prices, inventory, and demand — distilled every month into one clear verdict: buyer’s market or seller’s. The investor’s read, before you make an offer.

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Data through June 2026
Dynamic.RE Verdict
Balanced Market
Between 0.90 and 1.10 buyers per home for sale, neither side sets the price. Hamilton sits at 1.04, with 14% of sellers cutting.
Median list price
$381,669
-3.5%
Demand : Supply
1.04
Days on market
33 days
Time to go under contract

Only on the right house. Neither side has the upper hand in Hamilton right now.

Neither side has the upper hand in Hamilton. Buyers and sellers are evenly matched. The market will not hand you a discount. You have to find it in one specific listing.

01
The market at a glance
Median $ / sqft
$174
Active inventory
189
New listings / mo
182
Days on market
33 days
Price-cut share
13.9%
Pending sales
195
02
Where we are in the cycle
Median asking price
$381,669
7% below the May 2024 peak of $412K
Homes for sale
189
3.4× the Feb 2022 low of 55
Days to sell
33 days
2.3× slower than the 14-day Apr 2022 low
03
The renter economy
27%
Renter share · of occupied homes
5.5%
Vacant homes · all units
$80.7K
Median household income
4.7×
Price-to-income · list ÷ income
04
What this means for investors

How much can you negotiate in Hamilton?

About as many homes are under contract as are sitting unsold. Neither side is desperate. Your room to negotiate depends on the listing, not the market. Few sellers are dropping their price. Asking prices are holding firm. Your discount will come from one stale listing, not from the whole market.

A typical Hamilton home takes 33 days to find a buyer. Half of them take even longer. That is 5% faster than a year ago. Those sellers are paying to own a house they want to sell. Search for homes listed 60+ days ago. There are 189 homes for sale in Hamilton. That is 3.4 times the tightest month on record, but below the peak of 470. Supply is growing against last year.

What to do about it

  • Judge the listing, not the market.
  • Homes listed 60+ days ago with a price cut are where your discount is.
  • Fresh, well-priced homes will not move on price. Do not waste offers on them.

Is now a good time to buy in Hamilton?

Asking prices are 7.4% below their May 2024 peak. You are not buying at the top. Prices are still falling. Waiting has paid off so far. Let listings age, then come back lower. Hamilton prices have risen in 99 of the last 108 months. Drops here have been short and shallow. Buying in a slow month has rarely hurt a long hold.

This market is turning. Which way is not settled yet. Check the monthly numbers above before you commit.

Who will rent from you in Hamilton?

In Hamilton, 27 out of every 100 households rent. Most own their home. The renter share is shrinking. Five years ago it was 30 in 100. Hamilton lost about 800 renter households in five years. Renter households average 2.4 people. Two and three bedrooms fit the typical renter.

Households grew 4% in five years. The housing stock held flat. Demand is outrunning supply. Just 5.5% of homes sit empty. A well-priced rental fills fast here.

The median Hamilton household earns $80,689 a year. Incomes here have grown 4.4% a year since 2019. Home prices have outrun incomes. Locals are being priced out. A typical home costs 4.7 times the median income. That is the national middle. Neither cash flow nor appreciation is free here. A tenant on the median income can pay about $2,017 a month. That is the standard 30% affordability line. Rents above it thin your tenant pool fast.

That is the market, not your address. Run an address through the app to see its rent estimate and cash flow.

What numbers should you underwrite a Hamilton deal with?

  • Price growth to assume — +6.1%/yr. Hamilton has grown about 6.1% a year for five years and for ten. That is a durable trend, not a boom artifact. It is a fair long-run input. Prices fell 10.3% over the last year. That is a timing signal, not a trend.
  • Months of carrying cost — 2. A typical home takes 33 days to sell. Budget that long when you exit or refinance.
  • Odds you cut your price to sell — 1 in 7. About 14% of homes on the Hamilton market right now have already cut their asking price. Assume you are one of them when you sell. Do not underwrite an exit at your asking price.
  • Comp on this, not median price — $174/sqft. The average listing runs +1% above the median. Luxury homes skew it. Comp your own size class per sqft.
  • Competition when you exit — +4%. That is how much the number of homes for sale grew in a year. Your resale will face a bigger crowd than today's comps did.
  • Price-to-income ratio — 4.7×. A typical home costs 4.7 times the median income. That is the national middle. Neither cash flow nor appreciation is free here. Home prices have outrun incomes. Locals are being priced out.
  • Tenant rent ceiling — $2,017/mo. 30% of the median household income of $80,689. Rents above this line shrink your tenant pool fast.
05
Frequently asked questions

Is Hamilton a buyer's or seller's market in 2026?

Only on the right house. Neither side has the upper hand in Hamilton right now. 104 out of every 100 homes for sale have a buyer, 14% of sellers have cut their price, and a typical home takes 33 days to sell.

Are Hamilton home prices going up or down?

Asking prices are 7.4% below their May 2024 peak. You are not buying at the top. Prices are still falling. Waiting has paid off so far. Let listings age, then come back lower.

What price growth should I assume for Hamilton?

Assume +6.1% a year. Hamilton has grown about 6.1% a year for five years and for ten. That is a durable trend, not a boom artifact. It is a fair long-run input. Prices fell 10.3% over the last year. That is a timing signal, not a trend.

How fast are homes selling in Hamilton?

A typical Hamilton home takes 33 days to find a buyer. Half of them take even longer. That is 5% faster than a year ago. Those sellers are paying to own a house they want to sell. Search for homes listed 60+ days ago.

Is Hamilton a renters' market or an owners' market?

In Hamilton, 27 out of every 100 households rent. Most own their home. The renter share is shrinking. Five years ago it was 30 in 100. Just 5.5% of homes sit empty. A well-priced rental fills fast here.

What rent can Hamilton tenants afford?

A tenant on the median income can pay about $2,017 a month. That is the standard 30% affordability line. Rents above it thin your tenant pool fast. The median Hamilton household earns $80,689 a year.

06
ZIP-level detail

Which ZIP codes are in Hamilton?

Hamilton has four ZIP codes. Each links to its live market dashboard.

  • 4501199 for sale · 15% cutting · 32 days93 out of 100 homes here have a buyer. Supply and demand are balanced.
  • 45012No homes listed for sale right now
  • 4501381 for sale · 14% cutting · 34 days109 out of 100 homes here have a buyer. Supply and demand are balanced.
  • 450159 for saleToo few listings to read the market. The dashboard has the history.
07
Where else to look

Markets similar to Hamilton

Closest matches on asking price, price per square foot, days to sell, buyer demand, and price cuts.

See what a Hamilton property is actually worth
This report shows where the market stands. The Dynamic.RE app shows the deal — estimated rent, cash flow, and yield on any address.
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