Home prices
The median home in Hamilton is valued at $106,700. Compared to nearby areas this is approximately $21,940 (25%) higher.In comparison to the country as a whole it is roughly $110,800 (50%) lower, and it is about $15,600 (17%) higher in comparison to the city of Birmingham.
Rents
The median rent in Hamilton is $515 per month. It is approximately $113 (28%) higher compared to its surrounding areas.In comparison to the rest of the country it is about $547 (51%) lower, and compared to the city of Birmingham is roughly $322 (38%) lower.
Nearby places
Guin
Guin is about 11 miles south of Hamilton. Housing prices there are a bit less expensive. The median home cost in Guin is $92,200, which comes out to $14,500 (15%) lower than Hamilton. The rent there is a lot less expensive. The median monthly rent in Guin is $338, which is $177 (52%) lower than Hamilton.
Hackleburg
Hackleburg is about 12 miles northeast of Hamilton. Its housing prices are a bit less expensive. The median home in Hackleburg costs $85,300, which comes out to $21,400 (25%) lower than Hamilton. Rent there is similar. In Hackleburg the median rent is $542 a month, which is $27 (4%) higher than Hamilton.
Detroit
Detroit is approximately 12 miles southwest from Hamilton. The real estate prices there are substantially less expensive. The median home cost in Detroit is $66,500, which works out to $40,200 (60%) lower than Hamilton. Its rents are significantly less expensive. In Detroit the median rent is $315 a month, which comes out to $200 (63%) lower than Hamilton.
Brilliant
Brilliant is approximately 13 miles southeast from Hamilton. Real estate prices there are a little more expensive. Brilliant's median home price is $120,600, which is $13,900 (11%) higher than Hamilton. Its rents are significantly less expensive. The median rent in Brilliant is $377 per month, which works out to $138 (36%) lower than Hamilton.
Hodges
Hodges is roughly 14 miles north of Hamilton. The real estate prices there are significantly less expensive. The median home cost in Hodges is $59,200, which works out to $47,500 (80%) lower than Hamilton. The rent there is a little less expensive. In Hodges the median rent is $438 a month, which is $77 (17%) lower than Hamilton.