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Hamel, ILPhoto: TCP04 · CC BY 4.0
Housing in Hamel

15 homes sold in Hamel in the last year, at a typical $282K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, and a shortcut to every site where Hamel homes are listed.

Homes sold
15
June 2025 to May 2026
Typical sale price
$282K
median, weighted by sales
Price per square foot
$160
Illinois $193
Paid vs. asking
97.2%
33% sold over asking
For sale now
2
May 2026 · 1 sold that month
What sold · last 12 months

Houses are 100% of Hamel’s sales, at a typical $282K

15 homes sold in the year to May 2026.

Houses$282K

typical sale · 15 sold in 12 months

Per square foot
$160IL $180
Days to sell
63
Sold over asking
33%
Listings with a price cut
55%
6 years of sales

Fewer homes sell than before 2021, at 1.5 times the 2017 price

15 sales in the last year, against 34 in 2020 and a low of 17 in 2015. The typical sale went from $194K in 2017 to $282K.

Homes soldTypical sale price
012253750$150K$200K$250K$300K2013: 20 sold, typical $150K’132015: 17 sold, typical $159K2017: 22 sold, typical $194K’172019: 20 sold, typical $174K2020: 34 sold, typical $224K’202021: 19 sold, typical $180KLast 12 months: 15 sold, typical $282KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $300K buys in Hamel

Houseat $160 a sq ft
The same money in Illinoisat $180 a sq ft

Is this asking price fair?

Check a listing against what Hamel homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

Rent or buy?

Owning the typical Hamel home costs about $1,905 a month

Mortgage
Property tax
Insurance
Rent

Price: Hamel’s typical sale, last 12 months. Property tax at Hamel’s 1.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Hamel is affordable on local pay is on Cost of living.

Before you buy in Hamel

Four things worth knowing

1.8%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $282K home, about $5,190 a year.

Taxes vs. neighbors
24 min

Typical commute

The average one-way trip to work for people who live in Hamel.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Selling, or renting out?

Post your home to Hamel, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Hamel. People who follow the town see it, and so do people comparing Hamel with their own town. No commission, no listing fee.

Questions about buying a home in Hamel

What do homes sell for in Hamel, IL?

15 homes sold in the year to May 2026 at a typical $282K, $160 a square foot.

Is Hamel a buyer’s or seller’s market?

A seller’s market: 2 homes were for sale in May 2026 and 1 sold, about 2 months of supply. Buyers paid 97.2% of asking on average, and 55% of listings cut their price.

How much are property taxes in Hamel?

About 1.8% of a home’s value a year. On a $282K home that’s near $5,190.

Where can I see homes for sale in Hamel?

Zillow, Redfin, Realtor.com and Homes.com all carry Hamel’s MLS listings; the search links above open each one filtered to Hamel.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).