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HAMBURG, IL 62045

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The HAMBURG, IL real estate market (62045) currently shows 3 active listings, with 2 pending sales. Homes are averaging 307 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 307 days on market compared to 203 days last year.

The median listing price has fallen 53.4% year-over-year, from $149,900 to $69,900.

Whether you are buying or selling in HAMBURG, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 520  ·  Density: 5.2/mi²  ·  Median household income: $66,875

Typical home value: $131,270  ·  Homeownership: 99.3%

Market Overview

Active Listings
3
⇩ 50% vs 6 last year
Pending
2
67% pending ratio
Median Price
$69,900
⇩ 53.4% vs $149,900 last year
Average Price
$69,900
⇩ 77.7% vs $313,725 last year
Days on Market
307
⇧ 51.2% vs 203 days last year

Price Per Square Foot

Median $/sqft
$87
⇩ 10.3% vs $97/sqft last year
Median Home Size
800 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 6 last year
  • Days on market: 307 now vs 203 last year

Median & Average Pricing

Year over Year
  • Median: $69,900 (-53.4% YoY)
  • Average: $69,900 (-77.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 23.5 miles — 132 listings ($41,232,004 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62045Hamburg, IL 620450.0 mi3$333,126$90,225$111,042
63330Annada, MO 633304.4 mi4$447,868$100,000$111,967
62065Michael, IL 620654.8 mi1$55,000$55,000$55,000
62047Hardin, IL 6204710.1 mi6$716,100$120,000$119,350
63336Clarksville, MO 6333613.2 mi9$5,675,904$251,750$630,656
62031Fieldon, IL 6203114.0 mi1$62,000$62,000$62,000
62016Carrollton, IL 6201615.9 mi17$2,501,040$150,475$147,120
63344Eolia, MO 6334416.3 mi4$1,953,432$544,175$488,358
63389Winfield, MO 6338918.5 mi22$7,787,296$273,750$353,968
62037Grafton, IL 6203721.9 mi12$6,719,172$349,000$559,931
63369Old Monroe, MO 6336922.8 mi3$1,912,350$637,450$637,450
62052Jerseyville, IL 6205223.3 mi38$6,840,608$154,475$180,016
63377Silex, MO 6337723.5 mi12$6,228,108$499,900$519,009

Frequently Asked Questions

How many homes are for sale in HAMBURG, IL 62045?

As of March 2026, there are 3 active listings in HAMBURG, IL (zip code 62045), compared to 6 the prior year.

What is the median home price in HAMBURG, IL 62045?

The median listing price in HAMBURG, IL 62045 is $69,900 as of March 2026, a 53.4% decrease from $149,900 the prior year.

How long do homes stay on the market in HAMBURG, IL?

Homes in HAMBURG, IL 62045 spend an average of 307 days on the market before going under contract, compared to 203 days the prior year.

Is it a seller's or buyer's market in HAMBURG, IL 62045?

Based on current inventory and days-on-market data as of March 2026, HAMBURG, IL 62045 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 307 days on market compared to 203 days last year.

How much can I save on real estate commission in HAMBURG, IL?

With SELL123.com's maximum 3% commission, sellers in HAMBURG, IL 62045 save an estimated $1,398 compared to a typical 5% commission on the median listing price of $69,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.