Want to find Hamilton homes for sale? Whether you’re brand new to Hamilton or have lived in the Greater Hamilton Area for a while, this town is a fantastic place to call home.
Located on the western tip of Lake Ontario, Hamilton is one of Canada’s largest and most economically robust cities. The city’s iconic Royal Botanical Gardens, picturesque waterfront, and proximity to the Niagara Escarpment provide residents with ample opportunities for outdoor recreation and scenic escapes.
Discovering Hamilton’s real estate market is an exciting journey. Steve Augustine and our team at Your Home Sold Guaranteed Realty Elite - The Augustine Team are here to assist you in finding the perfect Hamilton home for sale. With our unique home buyer guarantees, such as our Buy it Back Guarantee, we offer a one-of-a-kind home-buying experience.
Scroll below for insights into the Hamilton housing market, including inventory levels, median sale prices, and the latest property listings.
Hamilton Homes For Sale | Buying a Home in Hamilton
Looking for homes for sale in Hamilton, Ontario? Navigating the competitive housing market and vying with other prospective buyers can be challenging. Homes in this popular community can receive multiple offers and sell fast, and it can be hard to find listings that match your budget and criteria.
In this post, our team at Your Home Sold Guaranteed Realty Elite - The Augustine Team will discuss everything you need to know about Hamilton and its housing market. We’ll delve into crucial factors like the cost of living and the job market so you can have the necessary knowledge for a successful and informed home-buying experience in the city.
- Located in the Golden Horseshoe region along Lake Ontario’s western shores, Hamilton is a large city with a population of 569,353 residents.
- The median sale price of Hamilton homes for sale is $798,000. This is a 6.6% decrease compared to recent months.
- Hamilton’s household income is 25% higher than the rest of Ontario and Canada as a whole, at $103,220.
- The overall cost of living in Hamilton is three percent lower than the national average and 14% lower than the rest of Ontario.
- On average, Hamilton experiences 973 crimes per 100,000 residents compared to 4,223 crimes per 100,000 people in all of Canada.
Should I Live in Hamilton?
Located in the Golden Horseshoe region along Lake Ontario’s western shores, Hamilton is a large city with a population of 569,353 residents. It offers an urban experience steeped in history and culture. Once a steel manufacturing hub, Hamilton has transformed into a city with thriving food, arts, and technology scenes.
Hamilton provides something for everyone– from outdoor spaces like trails and waterfalls to venues for sports and performing arts, universities and colleges, and a growing restaurant landscape. Housing options include urban condos to suburban single-family homes. In addition, highways and GO Transit access make it easy to travel the region.
What’s the Housing Market Like in Hamilton?
The median sale price of Hamilton homes for sale is $798,000. This is a 6.6% decrease compared to recent months and a 2.4% decrease compared to the same point a year ago.
In recent months, there were 1,813 new listings on the market, with 318 homes sold. On average, homes spend 23 days on the market before selling and have a sale-to-list price ratio of 99%.
How Do I Find Homes For Sale in Hamilton?
There are several ways to search for Hamilton real estate, but a trusted realtor provides invaluable guidance you can’t get anywhere else. A realtor can aid your search through access to exclusive tools like the MLS, professional market insights, off-market listing knowledge, and a network of listing agents.
With a realtor by your side, you can search for homes for sale in Hamilton using methods like:
- Visiting real estate websites for available listings
- Joining community groups and forums to uncover word-of-mouth homes for sale
- Checking newspapers, magazines, and classifieds for properties
- Driving through potential neighbourhoods looking for “For Sale” signs
- Attending open houses in the areas you’re interested in
At the end of the day, blending your independent research with a realtor’s expertise is key. Their professional perspective illuminates all possible options – including exclusive off-market homes.
Are There Luxury Homes in Hamilton?
Yes, luxury homes can be found in Hamilton, though they can be hard to find. If you want the best chance of finding luxury homes on and off the market, you’ll need the help of a local real estate network like our team at Your Home Sold Guaranteed Realty Elite - The Augustine Team.
Are There New Construction Homes in Hamilton?
Yes, there are new construction homes for sale in Hamilton, including single-family homes, townhouses, and condominiums. Hamilton’s real estate market offers choices for those in pursuit of a brand-new residence. If you want to find the top home builders and secure a brand-new home in Hamilton, partner with our team of realtors at Your Home Sold Guaranteed Realty Elite - The Augustine Team.
What Are the Best Neighbourhoods in Hamilton?
Ainslie Wood is a neighbourhood known for its residential character and proximity to McMaster University. It features a mix of housing options, including student residences and single-family homes. With green spaces and proximity to several major highways, Ainslie Wood is a great place to call home for students, commuters, and families alike.
Located in Hamilton’s Lower City, Beasley is one of the city’s most historic and artistic neighbourhoods. It is bounded by major thoroughfares like Main Street, Cannon Street, and Wellington Street. Eateries, galleries, boutiques, and bakeries line its main streets.
Beasley is also home to beautiful Victorian architecture, Art Deco buildings, unique murals, and green community spaces. Proximity to downtown makes Beasley popular with young professionals, artists, entrepreneurs, and new families looking for an urban lifestyle.
Situated in Hamilton’s east end, Meadowlands is a residential suburban area, with homes built in the 1950s through the 1970s. It provides easy highway access and proximity to shopping at Eastgate Square. Community amenities include Grovesnor Park, Roxborough Park, Meadowlands Public School, and active neighbourhood associations.
Meadowlands largely attracts young families and professionals looking for affordable housing with yard space and community recreation, along with access to the Red Hill Valley hiking trails just to the south.
Located along the western edge of Hamilton, Waterdown exudes small-town charm and a strong sense of community. neighbourhoods contain a mix of quaint older homes and new construction. Proximity to conservation areas like Eramosa Karst and Christie Lake provides plenty of amenities for outdoor enthusiasts. The area boasts numerous parks, trails, recreation facilities, and one of the top-ranked school districts in Hamilton.
What’s the Quality of Life in Hamilton?
Hamilton falls under the Hamilton and Wentworth District School Board, which operates 93 schools throughout Ontario. In the entire district, there are 49,936 students and a graduation rate of 82%. In addition, 82% of residents in Hamilton have a high school degree. Opportunities for higher education in the area include Brock University, McMaster University, and the University of Toronto.
Hamilton’s household income is 25% higher than the rest of Ontario and Canada as a whole, at $103,220 compared to $82,436 for the national average. The unemployment rate is 43% lower compared to the rest of Canada, at 3.6% compared to 6.4%.
Cost of Living
The overall cost of living in Hamilton is three percent lower than the national average and 14% lower than the rest of Ontario. Several costs are more expensive than the rest of Ontario and Canada, including goods and services, utilities, transportation, and healthcare.
The cost of groceries in Hamilton is equal to the rest of Ontario and Canada, and the cost of housing is 33% cheaper than the rest of Canada and 53% cheaper than the rest of Ontario.
Crime and Safety
Hamilton has 77% less total crime compared to the rest of Canada, with 76% less violent crime and 77% less property crime. On average, Hamilton experiences 973 crimes per 100,000 residents compared to 4,223 crimes per 100,000 people in all of Canada.
Weather and Climate
Hamilton has a humid continental climate, characterized by four distinct seasons. Summers are generally warm, with average daytime temperatures ranging from the high 60s to mid-70s Fahrenheit (around 20-25°C). Winters in Hamilton are cold, with average daytime temperatures ranging from the high 20s to low 30s Fahrenheit (around -2 to 0°C). Snowfall is common.
Hamilton’s location on Lake Ontario means the town experiences milder temperatures compared to more inland areas.
Healthcare and Hospitals
The cost of healthcare is three percent higher compared to the rest of Canada. Some hospitals and urgent care centers around Hamilton are
- Hamilton General Hospital
- St. Joseph’s Healthcare Hamilton
- McMaster Children’s Hospital
- McMaster Family Practice Urgent Care
- Primacy – Hamilton Mountain Urgent Care
What Are the Top Things to Do in Hamilton
Hamilton, Ontario, offers a diverse range of attractions and activities. Some of the top things to do are:
- Royal Botanical Gardens: Explore the stunning Royal Botanical Gardens, featuring a variety of themed gardens, nature trails, and plant collections.
- Dundurn Castle: Visit Dundurn Castle, a National Historic Site, and explore the 40-room mansion, beautifully landscaped grounds, and historical exhibits.
- Art Gallery of Hamilton: Immerse yourself in art at the Art Gallery of Hamilton, which houses an impressive collection of Canadian and European art.
- African Lion Safari: Experience a safari adventure at the African Lion Safari, where you can see a variety of exotic animals up close.
- Hamilton Waterfront: Enjoy the scenic Hamilton Waterfront, offering walking and cycling trails, parks, and beautiful views of Lake Ontario.
- Hamilton Museum of Steam and Technology: Discover Hamilton’s industrial history at the Museum of Steam and Technology, showcasing steam engines and machinery.
- Bruce Trail: Hike a portion of the Bruce Trail, Canada’s oldest and longest footpath, which runs through the Niagara Escarpment and offers breathtaking views.
How Can I Find the Best Homes in Hamilton?
If you want to find the best homes for sale in Hamilton, work with Steve Augustine and Your Home Sold Guaranteed Realty Elite - The Augustine Team, the best realtor in Hamilton. With an in-depth understanding of Hamilton’s housing dynamics, we will skillfully negotiate to get you the best deal.
Our up-to-date listings database allows us to quickly pinpoint great options for you as soon as homes hit the market in Hamilton. In addition, our exclusive VIP Buyer Program provides access to educational resources and our unique buyer guarantees so you can find a home you love with confidence and peace of mind.
People Also Ask
How far is Hamilton, Ontario, from the U.S. border?
Hamilton is less than two hours away from the U.S. border.
Is Hamilton, Ontario, wealthy?
Hamilton is considered one of the wealthiest cities in Canada, with an average household net worth of $770,635.
What language is spoken in Hamilton, Ontario?
There are some French-speaking communities around Ontario, but Hamilton is primarily English-speaking.
Is Toronto or Hamilton closer to Niagara Falls?
Hamilton is slightly closer to Niagara Falls, at 64 kilometers away. Toronto is 67 kilometers away from Niagara Falls.
How many millionaires are in Hamilton, Ontario?
There are about 540 people considered millionaires in Hamilton, Ontario.