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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Hamlin, NY Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q3 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2021 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Hamlin, NY Housing Market Trends

With 5,177 people, 2,081 houses or apartments, and a median cost of homes of $197,761, house prices in Hamlin are solidly below the national average.

Single-family detached homes are the single most common housing type in Hamlin, accounting for 68.04% of the town's housing units. Other types of housing that are prevalent in Hamlin include mobile homes or trailers ( 19.55%), duplexes, homes converted to apartments or other small apartment buildings ( 6.32%), and a few large apartment complexes or high rise apartments ( 4.81%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Hamlin. Owner-occupied housing accounts for 85.08% of Hamlin's homes, and 68.77% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Hamlin built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Hamlin built between 1940-1969 ( 13.51%). A lesser amount of the housing stock also hails from between 2000 and later ( 12.96%). There's also some housing in Hamlin built before 1939 ( 8.47%).

Hamlin Home Appreciation Rates

Real estate appreciation rates in Hamlin's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.61% during the period.

Appreciation rates are so strong in Hamlin that despite a nationwide downturn in the housing market, Hamlin real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Hamlin appreciation rates continue to be some of the highest in America, at 6.90%, which is higher than appreciation rates in 81.85% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Hamlin. Hamlin appreciation rates in the latest quarter were at 7.29%, which equates to an annual appreciation rate of 32.52%.

Importantly, this makes Hamlin one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to New York, our data show that Hamlin's latest annual appreciation rate is higher than 80% of the other cities and towns in New York.

Average Home Values

Median Home Value

$197,761

Hamlin, NY Home Prices
> $1,399,000
$1,049,001 - $1,399,000
$699,001 - $1,049,000
$560,001 - $699,000
$419,001 - $560,000
$280,001 - $419,000
$139,001 - $280,000
$70,001 - $139,000
$0 - $70,000
0.4%
0.4%
0.8%
0.8%
1.6%
1.6%
1.0%
1.0%
3.7%
3.7%
7.1%
7.1%
58.8%
58.8%
10.5%
10.5%
16.1%
16.1%
0% 100.0%
% of Homes
Low

for New york

Low

for nation

Number of Homes And Apartments:

2,081

Hamlin Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,667 / per month

Homeownership Rate

Owners
Renters
Vacant
85.1%
85.1%
14.9%
14.9%
4.7%
4.7%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
13.0%
13.0%
65.1%
65.1%
13.5%
13.5%
8.5%
8.5%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
68.0%
68.0%
1.3%
1.3%
6.3%
6.3%
4.8%
4.8%
19.6%
19.6%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.5%
0.5%
7.6%
7.6%
21.7%
21.7%
50.9%
50.9%
17.9%
17.9%
1.3%
1.3%
0% 100.0%
% of Homes

Zip Codes in Hamlin, NY