Hamilton
Investment Analysis

Hamilton, OH
Housing Market Screening

City-level home-price and one-bedroom-rent references with transparent methodology and limitations.

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City-level screening

19.0x

Home price / annualized 1BR rent

Gross annual 1BR-rent reference
5.3%
Recorded YoY field
+3.7%

Not cap rate, ROI, valuation or buy-versus-rent advice. City fields may reflect different source years.

Median Home Price
$210,000
Average Rent (1BR)
$919/mo
Median Income
$54,293
Population
63,124

Housing Screening Context

Hamilton has a computed screening multiple of 19.0x and a gross annual 1BR-rent reference of 5.3%.

These values compare separate city-level fields, not one matched property. They exclude financing, taxes, insurance, maintenance, vacancy, transaction costs and tenure horizon.

Recorded year-over-year price change: +3.7%. Source period and forecast assumptions should be reviewed before scenario use.

Read the transparent methodology or open the Housing Research Hub.

Rental Cash Flow Analysis

Monthly Income

Gross Rent $919
Annual Gross $11,028

Est. Monthly Expenses

Property Tax (~1.5%) -$263
Insurance (~0.5%) -$88
Maintenance (~1%) -$175
Est. Net Cash Flow $394/mo

Price Forecast 2026–2028

🔮 Hamilton Price Forecast 20262028

Based on 5-year Zillow ZHVI trend analysis · Statistical projection
📈 Upward Trend
PROJECTEDNOW$306K2027$326K 6.3%2028$340K 11.0%20232024Now
$357K$259K
Current
$210K
2026
Projected
$326K
6.3% by 2027
Projected
$340K
11.0% by 2028
5yr CAGR:+5.7%
Confidence:High
R²:0.97

For those evaluating the Hamilton housing market forecast through 2028, the data suggests a period of consolidation rather than explosive growth. With the median price holding steady at $210,000 and a 0.0% year-over-year change, the market has effectively paused after a robust 39.5% five-year run. This stagnation, combined with a Price-to-Rent Ratio of 19.0x35 days on average, a noticeable shift from the frenetic pace of previous years. This cooling is a natural correction, bringing Hamilton’s affordability metrics closer in line with broader economic realities.

When asking will Hamilton home prices drop significantly, the local economic underpinnings suggest a soft landing rather than a crash. The Risk Grade of C reflects moderate volatility, supported by a five-year CAGR of 6.8%, which signals sustainable, albeit slower, long-term growth. Hamilton’s housing demand is tethered to its role as a more affordable alternative to Cincinnati, attracting buyers priced out of larger metros. However, local job market stability and infrastructure investments will be critical drivers for Hamilton real estate Hamilton 2027. Affordability remains a key advantage, but rising inventory could pressure sellers to adjust expectations.

The Market Temperature score of 50/100 and a Neutral verdict reinforce a balanced outlook. While the median rent of $919 provides a solid floor for investor yields, the current price stability limits short-term speculative upside. For homeowners, the 2026-2028 window likely represents a stabilization phase where equity builds gradually rather than through rapid market swings. Ultimately, Hamilton offers a pragmatic entry point for value-focused buyers, but the era of double-digit annual gains appears to be transitioning into a more measured, fundamentals-driven cycle.

Projected Cap Rate (2027)
2.1%
5yr CAGR
+5.7%

Job Market

Unemployment 3.8%
National avg: 3.7%
Job Growth (YoY) +0.8%

Healthcare

74
Score
Good

Risk Factors

Low Risk Profile

Market Activity

Source: Redfin · 2026-05-31
Sale-to-List 99.4%
Months Supply 2.6
Price Drops 19%
Gone in 2 Wks 70%

Market Position

Affordability Below Avg
Safety Average

ROI Projector Model an editable scenario

Adjust the sliders to model different investment scenarios for Hamilton.

Total ROI
5%
on $42,000 invested
Annual ROI
1.1%
compounded
Total Return
$2,274
appreciation + cashflow
Mo. Cash Flow
-$747
year 1 estimate
Equity Growth Over 5 Years
Y152kY262kY372kY483kY594k
Appreciation
$42,198
Cash Flow
-$39,924
Final Equity
$94,043

* Estimates based on 3.7% annual appreciation, 3% rent growth, 5% vacancy. Does not include closing costs, tax benefits, or capital gains tax. For illustrative purposes only.

Rental Scenario Calculator Estimate your monthly cashflow

Rental Cash-Flow Scenario

Pre-filled for Hamilton

Property

Purchase Price$210,000
Monthly Rent$919
Down Payment20%

Financing

Interest Rate6.5%

Expenses

Property Tax1.2%
Insurance (Annual)$1,500
Maintenance Reserve1%
Vacancy Rate5%
Property Management0%
HOA (Monthly)$0
-$699
Modeled Monthly Cash Flow
-$8,386/ year
-20.0%
Cash-on-Cash
2.1%
Cap Rate

Monthly Breakdown

+ Rental Income$919
− Mortgage (P&I)$1,062
− Property Tax$210
− Insurance$125
− Maintenance$175
− Vacancy Loss$46
= Net Cash Flow-$699

Scenario Summary

Down Payment
$42,000
Loan Amount
$168,000
Total Monthly Expenses
$1,618
Gross Yield
5.3%

Investor Toolkit

Research Hamilton before you invest

Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Investment decisions should be made after consulting with qualified professionals. Data sources include Zillow, Census Bureau, and BLS. Cap rates and yields are estimates based on available data.

Last updated: July 2026