Hamilton County, Florida Housing Market Prices
Hamilton County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 38% below the Florida median Cheaper than 70% of counties in Florida$193,333
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Median rent 57% below the Florida median Among the top 3 cheapest counties in Florida$724
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Hamilton County | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $193,333 | $311,338 | $248,835 |
| Price Trend (Annual %) | 19.5% | 11.2% | 7.5% |
| Median Gross Rent | $724 | $1,668 | $1,407 |
| Rent Trend (Annual %) | 3.3% | 6.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Hamilton County is about 38% lower than in Florida. Rent is about 57% lower than the Florida average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Hamilton County, up about 19.5% and 3.3% a year respectively. Home prices are changing faster.
Median rent in Hamilton County rose about 19.1% between 2015 and 2024, from $608 to $724. Over the same span, rent in Florida rose about 66.5%.
Affordability
On average, housing unit costs 3.9 yearly household incomes in Hamilton County.
Buying the median-priced home in Hamilton County costs roughly 22.3 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Hamilton County. The price-to-rent ratio in Florida is about 15.6.
| Metric | Hamilton County | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $193,333 | $311,338 | $248,835 |
| Median Household Income | $50,135 | $74,580 | $80,455 |
| Price-to-Income Ratio | 3.9 | 4.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Hamilton County rose about 156.5%, while median household income rose about 23.6% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Hamilton County | Florida Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 60.4% | 57.7% | 58.5% |
| Rental Rate | 15.3% | 27.7% | 31.2% |
| Vacancy Rate | 24.3% | 14.6% | 10.2% |
| Median Tenure (years) | 16.0 | 13.0 | 15.0 |
| Median Year Moved In | 2010 | 2013 | 2011 |
Hamilton County has a homeownership rate of 60.4%, higher than the Florida average of 57.7%. Its housing vacancy rate is 24.3%, compared with 14.6% in Florida.
Housing Stock
| Metric | Hamilton County | Florida Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.61 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 1991 | 1988 | 1978 |
| Median Number of Rooms | 5.3 | 5.2 | 5.5 |
The typical housing unit in Hamilton County was built around 1991. On average, 2.6 people live in a home with about 5.3 rooms, staying for about 16.0 years on average.
Hamilton County, FL Housing Compared With Nearby Counties
Hamilton County, FL is the smallest of the 4 counties compared here, 13,616 residents against a local median of 71,789. The measure that sets Hamilton County, FL apart most is median rent: $724, 26% below the local median of $975.
The counties themselves spread $169 on median rent, so Hamilton County, FL sits at one end of an already wide local range rather than apart from it. Hamilton County, FL has the 4th highest median rent of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Hamilton County, FL | 13,616 | $193,333 #3/4 | $724 #4/4 | 79.8% #1/4 |
| Suwannee County, FL | 45,342 | $236,240 | $883 | 74.9% |
| Columbia County, FL | 71,789 | $109,269 | $975 | 72.5% |
| Lowndes County, GA | 119,965 | $215,664 | $1,052 | 56.9% |
Frequently Asked Questions
Common questions about the housing market in Hamilton County, Florida.
What is the median home price in Hamilton County, Florida?
The median home price in Hamilton County, Florida is $193,333, lower than the Florida average of $311,338.
What is the average home price in Hamilton County, Florida?
The typical home price in Hamilton County, Florida, reported as the median sale price, is $193,333. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Hamilton County, Florida?
The median gross rent in Hamilton County, Florida is $724 per month, lower than the Florida average of $1,668.
What was the median gross rent in Hamilton County in 2020?
In 2020, the median gross rent in Hamilton County, Florida was $675 per month.
What is the price-to-rent ratio in Hamilton County, Florida?
The price-to-rent ratio in Hamilton County, Florida is about 22.3, meaning it would take roughly 22.3 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Hamilton County.
Are home prices or rent rising faster in Hamilton County, Florida?
Both home prices and rent are rising in Hamilton County, up about 19.5% and 3.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in Hamilton County, Florida?
60.4% of households in Hamilton County, Florida own their home, higher than the Florida average of 57.7%.
What is the vacancy rate in Hamilton County, Florida?
The housing vacancy rate in Hamilton County, Florida is 24.3%, higher than the Florida average of 14.6%.
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