Home prices
The price of the median home in Hamilton is $91,700. In comparison to nearby areas it is approximately $21,600 (30%) higher.Compared to the nation as a whole it is approximately $125,800 (57%) lower, and is about $123,400 (57%) lower in comparison to the city of Iowa City.
Rents
In Hamilton the median monthly rent is $655. This is approximately $15 (2%) higher compared to the surrounding areas.Compared to the entire nation it is approximately $407 (38%) lower, and compared to the city of Iowa City it is roughly $312 (32%) lower.
Nearby places
Keokuk
Keokuk is Hamilton's neighbor to the northwest. Housing prices there are a bit less expensive. Keokuk's median home value is $71,200, which comes out to $20,500 (28%) lower than Hamilton. The rent there is pretty similar. Keokuk's median monthly rent is $648, which is $7 (1%) lower than Hamilton.
Warsaw
Warsaw is Hamilton's neighbor to the southwest. Its real estate prices are somewhat less expensive. Warsaw's median home cost is $82,700, which works out to $9,000 (10%) lower than Hamilton. Its rents are pretty similar. In Warsaw the median monthly rent is $631, which is $24 (3%) lower than Hamilton.
Elvaston
Elvaston is roughly 5 miles east from Hamilton. Housing prices there are a lot less expensive. The median home value in Elvaston is $63,200, which works out to $28,500 (45%) lower than Hamilton. Rents there are somewhat more expensive. In Elvaston the median rent is $721 a month, which works out to $66 (9%) higher than Hamilton.
Montrose
Montrose is roughly 9 miles north from Hamilton. The real estate prices there are somewhat less expensive. The median home in Montrose costs $86,100, which works out to $5,600 (6%) lower than Hamilton. Rents there are similar. The median rent in Montrose is $625 per month, which comes out to $30 (4%) lower than Hamilton.
Wayland
Wayland is roughly 9 miles west of Hamilton. Housing prices there are significantly less expensive. The median home in Wayland is valued at $47,300, which works out to $44,400 (93%) lower than Hamilton. Rent there is a bit less expensive. The median monthly rent in Wayland is $575, which comes out to $80 (13%) lower than Hamilton.
