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Broadway Street in Hamilton, IllinoisPhoto: Barry Gilfry from Cornpatch, Iowa · CC BY-SA 2.0
Housing in Hamilton

44 homes sold in Hamilton in the last year, at a typical $93K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Hamilton homes are listed.

Homes sold
44
June 2025 to May 2026
Typical sale price
$93K
median, weighted by sales
Price per square foot
$75
Illinois $193
Paid vs. asking
93.5%
7% sold over asking
For sale now
10
May 2026 · 3 sold that month
What sold · last 12 months

Houses are 98% of Hamilton’s sales, at a typical $94K

44 homes sold in the year to May 2026.

Houses$94K

typical sale · 43 sold in 12 months

Per square foot
$76IL $180
Days to sell
99
Sold over asking
7%
Listings with a price cut
25%
Fewer sales

Multi-family (2–4 units): 1 sold, typical $50K

Too few sales in 12 months for reliable figures.

11 years of sales

More homes sell than most years, for less than in 2016

44 sales in the last year, against 42 in 2025 and a low of 22 in 2019. The typical sale went from $107K in 2016 to $93K.

Homes soldTypical sale price
012253750$50K$100K$150K$200K2015: 41 sold, typical $89K’152016: 28 sold, typical $107K2017: 29 sold, typical $92K’172018: 28 sold, typical $94K2019: 22 sold, typical $87K’192020: 41 sold, typical $96K2021: 31 sold, typical $102K’212022: 28 sold, typical $86K2023: 26 sold, typical $106K’232024: 26 sold, typical $110K2025: 42 sold, typical $96K’25Last 12 months: 44 sold, typical $93KNow

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

What your budget buys

What $150K buys in Hamilton

Houseat $76 a sq ft
The same money in Illinoisat $180 a sq ft

Is this asking price fair?

Check a listing against what Hamilton 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.

What the sales history says · 11 years of sales

Bidding wars in Hamilton are back to pre-pandemic levels, but a quarter fewer homes come up for sale

We read every month of Hamilton’s home sales since 2015 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 44 sales.

If you’re buying in Hamilton

  • Shop in August. It brings about 4 new listings a month, close to the busiest month, with fewer bidding wars (4% over asking).
  • Offer under asking. Buyers paid 93.5% of the list price on average; 7% paid over.
  • You’ll usually have time. Only 33% of homes go under contract within two weeks; the typical one takes 100 days.
Best time to buy

Summer brings the homes; fall brings the bidding wars

July has the most new listings (about 4 a month), but October is the most competitive: 15% of October sales close over asking. August has the least competition (4%).

New listings a monthShare sold over asking
01.32.53.857%13%20%Sweet spotJan: 3 new listings a month, 15% sold over asking, 358 days to sellJFeb: 2 new listings a month, 7% sold over asking, 243 days to sellFMar: 3 new listings a month, 8% sold over asking, 273 days to sellMApr: 3 new listings a month, 5% sold over asking, 196 days to sellAMay: 4 new listings a month, 12% sold over asking, 205 days to sellMJun: 3 new listings a month, 9% sold over asking, 192 days to sellJJul: 4 new listings a month, 8% sold over asking, 145 days to sellJAug: 4 new listings a month, 4% sold over asking, 113 days to sellASep: 2 new listings a month, 9% sold over asking, 220 days to sellSOct: 3 new listings a month, 15% sold over asking, 333 days to sellONov: 2 new listings a month, 7% sold over asking, 155 days to sellNDec: 2 new listings a month, 4% sold over asking, 180 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and calmer than Illinois

Hamilton now2017–192021 peakIL now
Sold over askingShare of sales that closed above the list price7%10%6%37%
Gone within two weeksShare of homes under contract within 14 days33%0%0%46%
Listings with a price cutShare of homes for sale that cut their price25%——19%
Price paid vs. askingAverage sale price ÷ list price93.5%94.8%91.9%99.2%
Days to sellMedian days from listing to contract10023240149
Supply

14 homes for sale on a typical day

That’s 1.8 times the 2023 low (7), 27% fewer than in 2017–19 and well under 2016’s 29.

2015: 26 for sale’152016: 29 for sale2017: 17 for sale2018: 21 for sale’182019: 18 for sale2020: 14 for sale2021: 9 for sale’212022: 9 for sale2023: 7 for sale2024: 11 for sale’242025: 17 for saleLast 12 months: 14 for saleNow
Room to negotiate

1 in 4 listings has cut its price

25% in the last year, against — in 2017–19 and 19% across Illinois.

2022: 12%’222023: 28%2024: 27%2025: 22%’25Last 12 months: 25%Now

Source: Redfin Data Center, city market tracker, January 2015 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Hamilton home costs about $651 a month

Mortgage
Property tax
Insurance
Rent

Price: Hamilton’s typical sale, last 12 months. Property tax at Hamilton’s 2.1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Hamilton is affordable on local pay is on Cost of living.

Before you buy in Hamilton

Six things worth knowing

4

New listings in July

The month with the most choice. December has the fewest, about 2.

Best time to buy
2.1%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $93K home, about $1,980 a year.

Taxes vs. neighbors
B+

Schools

The schools grade for Hamilton, from test results, graduation and how much students grow.

Schools in Hamilton
25 min

Typical commute

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

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.

Nearby markets · last 12 months

Keokuk and Warsaw sell for less a square foot; Canton for far more

The busier markets within 25 miles of Hamilton, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Keokuk146$98K$6016%80
Fort Madison140$106K$768%74
Hamilton44$93K$757%100
Canton32$145K$10313%60
Carthage28$125K$784%162
Warsaw24$120K$6817%124

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Hamilton, free

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

Questions about buying a home in Hamilton

What do homes sell for in Hamilton, IL?

44 homes sold in the year to May 2026 at a typical $93K, $75 a square foot.

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

A seller’s market: 10 homes were for sale in May 2026 and 3 sold, about 3.3 months of supply. Buyers paid 93.5% of asking on average, and 25% of listings cut their price.

When is the best time to buy in Hamilton?

July brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Hamilton?

About 2.1% of a home’s value a year. On a $93K home that’s near $1,980.

Where can I see homes for sale in Hamilton?

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

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).