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HAMILTON, IL 62341

Real Estate Market Report  ·  Hancock County
Seller's Market
April 2026  ·  Source: Realtor.com

Market Analysis

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

The HAMILTON, IL real estate market (62341) currently shows 16 active listings, with 2 pending sales. Homes are averaging 39 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 selling faster, averaging 39 days on market compared to 120 days last year.

The median listing price has risen 6.3% year-over-year, from $119,850 to $127,450.

Whether you are buying or selling in HAMILTON, 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: 3,453  ·  Density: 28.6/mi²  ·  Median household income: $55,815

Typical home value: $111,745  ·  Homeownership: 75.9%

Market Overview

Active Listings
16
⇩ 15.8% vs 19 last year
Pending
2
13% pending ratio
Median Price
$127,450
⇧ 6.3% vs $119,850 last year
Average Price
$169,336
⇧ 27.4% vs $132,916 last year
Days on Market
39
⇩ 67.5% vs 120 days last year

Price Per Square Foot

Median $/sqft
$90
⇩ 5.3% vs $95/sqft last year
Median Home Size
1,416 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 16 this year vs 19 last year
  • Days on market: 39 now vs 120 last year

Median & Average Pricing

Year over Year
  • Median: $127,450 (+6.3% YoY)
  • Average: $169,336 (+27.4% 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 22.3 miles — 68 listings ($13,720,181 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62341Hamilton, IL 623410.0 mi11$2,342,582$179,500$212,962
62354Nauvoo, IL 623546.7 mi7$1,441,615$210,500$205,945
62321Carthage, IL 6232110.6 mi16$2,108,096$133,450$131,756
62358Niota, IL 6235811.3 mi1$223,950$223,950$223,950
63430Alexandria, MO 6343012.6 mi3$350,700$116,900$116,900
62330Dallas City, IL 6233014.0 mi12$1,872,096$99,250$156,008
52619Argyle, IA 5261915.3 mi1$439,900$439,900$439,900
62349Loraine, IL 6234918.6 mi1$289,900$289,900$289,900
52658Wever, IA 5265819.4 mi3$1,598,250$515,250$532,750
62374Tennessee, IL 6237420.8 mi1$449,000$449,000$449,000
52624Denmark, IA 5262421.4 mi1$125,000$125,000$125,000
52625Donnellson, IA 5262521.7 mi9$2,329,092$172,000$258,788
61454Lomax, IL 6145422.3 mi2$150,000$75,000$75,000

Frequently Asked Questions

How many homes are for sale in HAMILTON, IL 62341?

As of April 2026, there are 16 active listings in HAMILTON, IL (zip code 62341), compared to 19 the prior year.

What is the median home price in HAMILTON, IL 62341?

The median listing price in HAMILTON, IL 62341 is $127,450 as of April 2026, a 6.3% increase from $119,850 the prior year.

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

Homes in HAMILTON, IL 62341 spend an average of 39 days on the market before going under contract, compared to 120 days the prior year.

Is it a seller's or buyer's market in HAMILTON, IL 62341?

Based on current inventory and days-on-market data as of April 2026, HAMILTON, IL 62341 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 39 days on market compared to 120 days last year.

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

With SELL123.com's maximum 3% commission, sellers in HAMILTON, IL 62341 save an estimated $2,549 compared to a typical 5% commission on the median listing price of $127,450. 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.