Hamilton County, New York Housing Market
In Hamilton County, New York, the median home value is $260,200, with a median monthly rent of $912. This places Hamilton County at #836 nationally out of 3134 counties by median home value, and #20 within New York.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $776
- Establishments: 186
- BLS QCEW, 2025
Housing Supply
- Single-family: 40
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 2,285 (avg $74,875)
- Outflow: 2,095 (avg $72,060)
- IRS Statistics of Income
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| Metric | Hamilton County | New York Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $260,200 | $281,200 | $227,706 |
| Median Gross Rent | $912 | $1,168 | $968 |
| Owner Occupancy Rate | 82.4% | 69.3% | 73.3% |
| Price/Rent Ratio | 23.8 | 18.4 | 18.7 |
Market Analysis
The median home value in Hamilton County is 7.5% below the New York state average and 14.3% above the U.S. national average. The median rent of $912/month is 21.9% below the state average.
With a price-to-rent ratio of 23.8, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Hamilton County has an owner-occupancy rate of 82.4%, compared to 69.3% in New York and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Warren County | Missouri | $260,400 | $995 |
| Guilford County | North Carolina | $259,900 | $1,163 |
| Meagher County | Montana | $259,800 | $1,263 |
| Newport News city | Virginia | $260,600 | $1,339 |
| Clinton County | Michigan | $259,500 | $1,092 |
Other Counties in New York
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Rensselaer County | $258,400 | $1,217 | 64.8% |
| Warren County | $267,400 | $1,105 | 72.1% |
| Sullivan County | $249,000 | $1,106 | 67.4% |
| Greene County | $271,600 | $1,004 | 77.2% |
| Schenectady County | $235,700 | $1,194 | 64.0% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).