Foreclosure Homes in Hamilton, NC

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View this home at E Circle Dr Hamilton NC 27840
E Circle Dr
Hamilton, NC 27840
AUCTION: 06-13-2024
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Hamilton, NC Foreclosures

How much do homes sell for in Hamilton, NC?
The average home price is currently $76,053.
In Hamilton, NC, how many homes are available?
There are currently 203 active home listings available in Hamilton.
What’s the average rental cost in Hamilton, NC?
The average rental price in Hamilton is $894.
What is the most expensive home in Hamilton, North Carolina?
The most expensive home sold in Hamilton had a price of $724,470.
What is currently the cheapest priced home in Hamilton, NC?
The cheapest home for sale in Hamilton is priced at $5,780.

Home Value Estimator For Hamilton, NC

There are currently 203 real estate properties in Hamilton, NC, with a median automated valuation model (AVM) price of $61,898.00. 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, NC, 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, NC, is $76,053.00, with the most expensive house in Hamilton, NC, topping out at $724,470.00 and the cheapest home in Hamilton, NC, clocking in at $5,780.00. In other words, there’s something for every potential homebuyer or savvy investor in Hamilton, NC!

Rent Prices In Hamilton, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hamilton, NC, is on a rollercoaster ride. The average rent price in Hamilton, NC, is $894.00. Indeed, when looking to rent in Hamilton, NC, you can expect to pay as little as $730.00 or as much as $1,820.00, with the average rent median estimated to be $830.00. The good news is that finding an affordable and desirable property to rent in Hamilton, NC -- 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.

Top Reasons To Live In Hamilton, NC In 2024

Hamilton is located in Martin, North Carolina, with an estimated municipal population of 370 residents. All of the best foreclosed homes for sale in Hamilton are located in the following zip code areas on 27840. The estimated population per square kilometer (.62 miles) in Hamilton is 288.

Cost Of Living In Hamilton, NC

So, about how much do homes cost in Hamilton? The most recent median value of resident-owned homes in Hamilton is 77,680. An estimated 62 percent of households in Hamilton own their homes, with an average family size of 2.78. The median household income in Hamilton is 29,063, with5.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Hamilton, the median commute time of resident workers (in minutes) is 25.3. And last, but certainly not least, are you looking for homes to rent in Hamilton? If so, the average rent price paid by renters in Hamilton is 477, according to recent statistics.

Diversity And Demographics In Hamilton, North Carolina

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Hamilton, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Hamilton is 52.3, split between 41.1 percent male versus 58.9 female. The percentage of residents who report being married in Hamilton is 38.2, with an average family size of 2.78.

The percentage of residents who report their race in Hamilton is as follows:

White 28.7%
Black / African American 61.1%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 10.2%
Other 0%

Looking for family-friendly neighborhoods in and/or near Hamilton? Or maybe you are searching for 55+ active adult communities in and/or near Hamilton?

The percentage of residents who report their age in Hamilton is as follows:

Under 10 2.2%
Aged 10-19 13.5%
20s 13.1%
30s 6.9%
40s 11.6%
50s 10.2%
60s 20.3%
70s 16%
80+ 6.1%

Best Schools In Hamilton, North Carolina

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Hamilton with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Hamilton.

Pros And Cons Of Living In Hamilton, North Carolina

How do you know that living in -- or moving to -- Hamilton is right where you need to be? Perhaps you grew up in Hamilton or already live nearby; therefore, the decision to buy a home in Hamilton is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Hamilton for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Hamilton:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Hamilton.

Reasons To Move To Hamilton, North Carolina, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Hamilton can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Hamilton, meanwhile, can field multiple offers from more qualified buyers.

Hamilton, NC Foreclosures


Listing types in Hamilton, NC

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