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HAMILTON, IL 62341

Real Estate Market Report  ·  Hancock County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
13
⇩ 31.6% vs 19 last year
Pending
2
15% pending ratio
Median Price
$161,450
⇧ 24.9% vs $129,250 last year
Average Price
$191,517
⇧ 44.6% vs $132,447 last year
Days on Market
77
⇧ 35.1% vs 57 days last year

Market Context

Population: 3,453  ·  Density: 28.6/mi²  ·  Median household income: $55,815

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

Market Analysis

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

The HAMILTON, IL real estate market (62341) currently shows 13 active listings, with 2 pending sales. Homes are averaging 77 days on the market before going under contract.

Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 77 days on market compared to 57 days last year.

The median listing price has risen 24.9% year-over-year, from $129,250 to $161,450.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 13 this year vs 19 last year
  • Days on market: 77 now vs 57 last year

Median & Average Pricing

Year over Year
  • Median: $161,450 (+24.9% YoY)
  • Average: $191,517 (+44.6% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.3 miles — 130 listings ($24,566,600 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62341Hamilton, IL 623410.0 mi13$2,489,721$161,450$191,517
62354Nauvoo, IL 623546.7 mi7$1,447,719$197,000$206,817
62321Carthage, IL 6232110.6 mi16$2,370,560$135,500$148,160
62358Niota, IL 6235811.3 mi2$447,900$223,950$223,950
63430Alexandria, MO 6343012.6 mi3$373,350$124,450$124,450
62380West Point, IL 6238014.0 mi1$109,900$109,900$109,900
52627Fort Madison, IA 5262716.4 mi70$10,888,150$149,000$155,545
52658Wever, IA 5265819.4 mi4$1,706,000$487,000$426,500
62374Tennessee, IL 6237420.8 mi1$489,000$489,000$489,000
63465Revere, MO 6346521.3 mi1$735,000$735,000$735,000
62351Mendon, IL 6235121.6 mi3$673,500$160,000$224,500
63445Kahoka, MO 6344521.9 mi8$2,765,800$314,450$345,725
61454Lomax, IL 6145422.3 mi1$70,000$70,000$70,000

Frequently Asked Questions

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

As of January 2026, there are 13 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 $161,450 as of January 2026, a 24.9% increase from $129,250 the prior year.

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

Homes in HAMILTON, IL 62341 spend an average of 77 days on the market before going under contract, compared to 57 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 January 2026, HAMILTON, IL 62341 is currently a Balanced Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 77 days on market compared to 57 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 $3,229 compared to a typical 5% commission on the median listing price of $161,450. 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.