Housing · Hamilton

Hamilton, IN housing market

The typical Hamilton home is worth about $371,000, up 8.2% in a year, 43% above the Indiana typical home.

Home values, sales, trends and how Hamilton compares with the towns next door — updated as new data is published.

The market right now

Hamilton at a glance

Typical home value
$371K
▲ 8.2% in a year · Zillow
Median sale price
$688K
May 2026 · Redfin
Homes sold
4
in May · 8 for sale

Only 4 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.

Ten-year trend

Typical home value, 2016–2026

HamiltonIndiana
$100K$150K$200K$250K$300K$350K$400K 20182020202220242026 Hamilton $371K Indiana $260K
Show as a table
JanuaryHamiltonIndiana
2017$174,000$135,000
2018$188,000$144,000
2019$199,000$154,000
2020$209,000$164,000
2021$236,000$183,000
2022$282,000$209,000
2023$292,000$227,000
2024$315,000$237,000
2025$337,000$249,000
2026$359,000$256,000
August 2026$371,000$260,000
Affordability

5.3 years of income

The typical Hamilton home costs about 5.3 years of the town's median household income, more than across Indiana (3.6 years).

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
70.6%
Indiana: 70.6%
Median tax bill
$1,782
Indiana: $1,614
Median rent
$1,013
Indiana: $1,062
Typical home built
1976
Indiana: 1976

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $1,020

HUD's Fair Market Rent for a two-bedroom in Hamilton is $1,020 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Hamilton pay a median of $1,013. A two-bedroom takes about 18% of the town's median household income.

1 bedroom
$780
a month, with utilities
2 bedrooms
$1,020
a month, with utilities
3 bedrooms
$1,310
a month, with utilities
Share of income
18%
2 bedrooms ÷ median income

Studio $760 · 4 bedrooms $1,350

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (46742; DeKalb County, IN), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01