Hamel, IL

Balanced market-20.0% YoY

Housing market overview · Updated weekly

$240,000median sale price

Homes sold

1

Last 12 weeks

Days on market

23

Average pace

Active listings

3

3.0 months supply

Sale-to-list

96.0%

Below asking

The Hamel housing market is currently classified as a balanced market with a median sale price of $240,000. Prices have fallen 20.0% compared to last year, with homes spending an average of 23 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Hamel

There are currently 3 homes listed for sale in Hamel, Il. The median listing price is $340K.

Active listings

3

Homes on market

Median list price

$340K

Avg. days on market

23

Days until sale

New this week

1

Newly listed

Price drops:66.7%of listings
Sale-to-list:96.0%

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Frequently asked questions

What is the average home price in Hamel?

The median home sale price in Hamel is $240,000, down 20.0% from last year.

How long do homes stay on market in Hamel?

Homes typically spend 23 days on market before going under contract.

Is Hamel a buyer's or seller's market?

With 3.0 months of supply, Hamel is currently a balanced market.

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