Living in Hamilton, WA
Hamilton, WA is a quaint town in Skagit County known for its stunning natural surroundings and a strong sense of community. It offers a peaceful rural lifestyle with easy access to outdoor activities and is just a short drive from larger urban areas. Residents enjoy a small-town charm with modern conveniences.
Current Market Conditions in Hamilton, WA
The real estate market in Hamilton is characterized by its affordability and the increasing demand for single-family homes, particularly among first-time homebuyers looking for a peaceful place to settle down. Many properties feature large lots and scenic views, making them highly desirable. The steady growth in population and the attractiveness of the natural environment contribute to rising property values, even as the town maintains its affordability compared to nearby urban centers.
As of late 2023, Hamilton has experienced a noticeable increase in housing inventory, giving buyers more options compared to the previous years when inventory was scarce. Prices are still competitive, with many families seeking homes in Hamilton due to its appeal for outdoor activities and community-centric lifestyle.
Home Value Estimator For Hamilton, WA
There are currently 85 real estate properties
in Hamilton, WA,
with a median automated valuation model (AVM) price
of $294,407.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Hamilton, WA, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Hamilton, WA,
is $300,616.00, with the most expensive house
in Hamilton, WA, topping out
at $1,185,700.00 and the cheapest home
in Hamilton, WA,
clocking in at $49,087.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Hamilton, WA!
Rent Prices
In Hamilton, WA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Hamilton, WA, is on
a rollercoaster ride. The
average rent price in Hamilton, WA,
is $1,233.00. Indeed, when looking to rent in
Hamilton, WA, you can expect to pay as little
as $660.00 or as much
as $1,970.00,
with the average rent median estimated to
be $1,240.00. The good news is that finding
an affordable and desirable property to rent in Hamilton, WA
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.