Hamilton County's October First-Time Homebuyer Report

Hamilton County has one of the most prosperous populations in Indiana with a median income of $80,183 per household. On top of being ranked the richest county, its population is much older than others with a median age of 35 years. Its three largest cities are Carmel, Fishers, and Noblesville. The Hamilton County market almost exclusively consists of detached houses, accounting for 93% of the current homes in the area. Leading the list of top schools in the county are Smoky Row Elementary School, Hamilton Southeastern Jr High Schoolool School, and Westfield High School.

Price Range

Homes in Hamilton County are the most expensive in the state, with a median value of $198,200 and an average list price of $347,875. The homes with the highest value are in Carmel, Fishers, and Westfield. The Hamilton County market slowed this week but remained above average levels as sales dropped 4.1% to 567 homes sold over the last 30 days.

Make sure you take a look at these eye-catching homes in Hamilton County that generated the most views from potential buyers:

$1.1M   $3.1M   $186K  

Typical Dwelling

The typical dwelling in Hamilton County is a four-bedroom detached home worth about $334,514. To purchase a similar home, a buyer with good credit and a $66,903 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,183 monthly payment. The property tax rate is $11.91 per $1,000 of taxable assessed value.

Get started right now by checking out Hamilton County homes for sale or reviewing Hamilton County real estate trends.

Data reported through 10/13/2016


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