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Featured local agent — Hampshire, IL
Sarah Mitchell
Compass Real Estate · Hampshire, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Hampshire, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$319,995median sale price
How is the Hampshire, IL housing market right now?
The median home sale price in Hampshire, IL is $319,995, down 15.2% year-over-year. Homes sell in an average of 62 days with 44 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Hampshire a buyer's or seller's market?
Hampshire, IL is currently a seller's market, based on 1.8 months of supply and homes selling in about 62 days. How we determine this →
Homes sold
24
Last 12 weeks
Days on market
62
Average pace
Active listings
44
1.8 months supply
Sale-to-list
99.9%
Below asking
What does the Hampshire housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $319,995 |
| Median list price | $429,990 |
| Year-over-year price change | -15.2% |
| Average days on market | 62 days |
| Active inventory | 44 listings |
| Months of supply | 1.8 months |
| Sale-to-list price ratio | 99.9% |
| Median price per sq ft | $206/sq ft |
| Homes sold (latest month) | 24 |
| New listings (latest month) | 22 |
| Listings with a price cut | 18.2% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Hampshire by property type?
How the Hampshire, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $433,495 | $227/sq ft | 10 | 39 days |
| Condo / Co-op | $235,000 | $180/sq ft | 1 | 42 days |
| Townhouse | $293,750 | $189/sq ft | 14 | 73 days |
Source: Redfin · Updated monthly
The Hampshire housing market is currently classified as a seller's market with a median sale price of $319,995. Prices have fallen 15.2% compared to last year, with homes spending an average of 62 days on market, indicating 1.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.9x provides context for how home values compare to local earning capacity.
Homes for sale in Hampshire
There are currently 44 homes listed for sale in Hampshire, Illinois. The median listing price is $430K.
Active listings
44
Homes on market
Median list price
$430K
Avg. days on market
62
Days until sale
New this week
22
Newly listed
Who lives in Hampshire?
Population
8,351
Median income
$107,774/yr
Median age
37.4 years
Owner-occupied
79.8%
College grads
27.3%
Avg commute
28.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Hampshire?
Zillow home value
$420,105
Price-to-income
3.9x
Source: Zillow Research
What is it like to live in Hampshire?
Hampshire is a community of approximately 8K residents with a median age of 37.4 years.The median household income is $107,774, which reflects a relatively affluent area with strong earning potential. 27.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 79.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 28.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Hampshire offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Hampshire?
6 schools tracked · 4,354 students
The largest public schools serving Hampshire, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Hampshire High School
Grades 9-12 · 1,955 students
Hampshire Middle School
Grades 6-8 · 809 students
Gary D Wright Elem Sch
Grades PK-5 · 701 students
Hampshire Elem School
Grades K-5 · 452 students
Big Timber Elementary School
Grades K-5 · 437 students
NIA D/HH HS Prgrm
Grade range n/a
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Hampshire, IL?
Want a head-to-head view? Compare Hampshire side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Hampshire?
The median home sale price in Hampshire is $319,995, down 15.2% from last year.
How long do homes stay on market in Hampshire?
Homes typically spend 62 days on market before going under contract.
What is the median income in Hampshire?
The median household income is $107,774 per year.
Is Hampshire a buyer's or seller's market?
With 1.8 months of supply, Hampshire is currently a seller's market.
What is the Zillow home value estimate for Hampshire?
The Zillow Home Value Index (ZHVI) for Hampshire is $420,105, representing the typical home value in the area.
What is the median condo price in Hampshire?
The median condo/co-op sale price in Hampshire, IL is $235,000, compared to $433,495 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Hampshire?
The median single-family home price in Hampshire, IL is $433,495 (about $227 per square foot).
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