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HAMEL, IL 62046

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The HAMEL, IL real estate market (62046) currently shows 3 active listings, with 2 pending sales. Homes are averaging 27 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 27 days on market compared to 2 days last year.

The median listing price has risen 23.6% year-over-year, from $275,000 to $340,000.

Whether you are buying or selling in HAMEL, 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: 919  ·  Density: 333.8/mi²  ·  Median household income: $83,906

Typical home value: $206,863  ·  Homeownership: 76.5%

Market Overview

Active Listings
3
⇧ 200% vs 1 last year
Pending
2
67% pending ratio
Median Price
$340,000
⇧ 23.6% vs $275,000 last year
Average Price
$340,000
⇧ 23.6% vs $275,000 last year
Days on Market
27
⇧ 1250% vs 2 days last year

Price Per Square Foot

Median $/sqft
$170
⇧ 22.3% vs $139/sqft last year
Median Home Size
2,002 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 1 last year
  • Days on market: 27 now vs 2 last year

Median & Average Pricing

Year over Year
  • Median: $340,000 (+23.6% YoY)
  • Average: $340,000 (+23.6% 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 14.9 miles — 196 listings ($67,528,890 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62046Hamel, IL 620460.0 mi4$1,360,000$344,900$340,000
62001Alhambra, IL 620015.3 mi3$1,236,000$412,000$412,000
62058Livingston, IL 620586.9 mi3$504,750$168,250$168,250
62067Moro, IL 620678.2 mi11$2,953,610$211,250$268,510
62074New Douglas, IL 620749.8 mi1$31,756$31,756$31,756
62034Glen Carbon, IL 6203411.4 mi46$21,658,594$447,000$470,839
62084Roxana, IL 6208412.3 mi2$162,366$69,900$81,183
62095Wood River, IL 6209512.6 mi18$2,928,618$129,975$162,701
62294Troy, IL 6229412.9 mi44$20,658,968$490,500$469,522
62018Cottage Hills, IL 6201813.1 mi3$217,449$73,750$72,483
62281Saint Jacob, IL 6228113.2 mi10$4,974,500$489,350$497,450
62249Highland, IL 6224913.4 mi33$8,346,921$228,750$252,937
62069Mount Olive, IL 6206914.9 mi18$2,495,358$122,450$138,631

Frequently Asked Questions

How many homes are for sale in HAMEL, IL 62046?

As of March 2026, there are 3 active listings in HAMEL, IL (zip code 62046), compared to 1 the prior year.

What is the median home price in HAMEL, IL 62046?

The median listing price in HAMEL, IL 62046 is $340,000 as of March 2026, a 23.6% increase from $275,000 the prior year.

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

Homes in HAMEL, IL 62046 spend an average of 27 days on the market before going under contract, compared to 2 days the prior year.

Is it a seller's or buyer's market in HAMEL, IL 62046?

Based on current inventory and days-on-market data as of March 2026, HAMEL, IL 62046 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 27 days on market compared to 2 days last year.

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

With SELL123.com's maximum 3% commission, sellers in HAMEL, IL 62046 save an estimated $6,800 compared to a typical 5% commission on the median listing price of $340,000. 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.