Market Overview
Home Prices in Lake Hamilton, FL
The median home value in Lake Hamilton, FL is $292,329 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.6% compared to a year ago and down 2.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lake Hamilton are priced29% below average. Lake Hamilton is part of the Lakeland-Winter Haven, FL metro area.
Over the past five years, Lake Hamilton home values have risen by approximately25.1%, reflecting strong long-term appreciation in this market.
Price History
Lake Hamilton Home Price Trend
City Comparison
Lake Hamilton vs. National Median
At $292,329, homes in Lake Hamilton cost 29% below the national median of $410,000. This makes Lake Hamilton a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Lake Hamilton?
20% Down Payment
$58,466
on $292,329
Monthly P&I
$1,525/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,937/mo
incl. taxes & insurance
Income Needed
$77,480
gross annual (30% rule)
10% Down Option
$29,233
+ PMI applies
Loan Amount (20% dn)
$233,863
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Lake Hamilton, FL?
The median home value in Lake Hamilton is $292,329 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.6% year-over-year.
How much have home prices changed in Lake Hamilton?
Over the past year, home values in Lake Hamilton have decreased by 2.6%. Over five years, prices have risen approximately 25.1%.
How much do I need to earn to buy a home in Lake Hamilton?
To comfortably afford the median home price of $292,329 with a 20% down payment ($58,466) at today's rates (6.8%), you'd need a gross annual income of approximately $77,480. This assumes keeping total housing costs at or below 30% of gross income.
How does Lake Hamilton compare to the national average home price?
The national median home value is approximately $410,000. At $292,329, homes in Lake Hamilton are 29% below the national average.
What metro area is Lake Hamilton part of?
Lake Hamilton is part of the Lakeland-Winter Haven, FL metropolitan area. Home prices and market conditions can vary across the broader metro region.