House Prices

House Prices & Home Values Hamel, IL 2026


Average Data

average house price$319,000
average size per house2577 ft²
average price per ft²124 $ / ft²

04/17/2026 - The value range (VR) for house prices in Hamel, IL is $124/ sqft to $124/ sqft. An average home with 2577 sqft costs approximately $319,548 to $319,548. Hamel, IL includes 1 ZIP codes and it is located in Madison county. The lowest prices are found in ZIP 62046, while the highest are in ZIP 62046. The average price per sqare feet is $124. Our analysis is based on 1 property listings.

Avergage prices by ZIP codes Hamel

62046126 $ / ft²




Historical development of home values in Hamel

Year Estimated value (USD) Change vs. 2025
2010 $148,149 -53.6%
2011 $142,420 -55.4%
2012 $142,037 -55.5%
2013 $147,346 -53.8%
2014 $154,673 -51.5%
2015 $162,611 -49.0%
2016 $171,097 -46.4%
2017 $180,332 -43.5%
2018 $190,302 -40.3%
2019 $199,126 -37.6%
2020 $209,419 -34.4%
2021 $238,192 -25.3%
2022 $277,678 -13.0%
2023 $292,825 -8.2%
2024 $309,765 -2.9%
2025 $319,000 0.0%

Graph: estimated home values in Hamel over time (USD)



Example: 100% financing house in Hamel

Loan amount: $319,000

Interest rate: 6.00%

Fixed monthly payment: $1,912.57

Breakdown in the 1st month:
Interest portion: $1,595.00  –  Principal portion: $317.57

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $19,033.44 $3,917.36 $315,082.64
2 $18,791.82 $4,158.97 $310,923.67
3 $18,535.31 $4,415.49 $306,508.18
4 $18,262.97 $4,687.83 $301,820.36
5 $17,973.83 $4,976.96 $296,843.40
6 $17,666.87 $5,283.93 $291,559.47
7 $17,340.96 $5,609.83 $285,949.64
8 $16,994.96 $5,955.83 $279,993.81
9 $16,627.62 $6,323.17 $273,670.64
10 $16,237.62 $6,713.17 $266,957.46
11 $15,823.57 $7,127.23 $259,830.24
12 $15,383.98 $7,566.82 $252,263.42
13 $14,917.27 $8,033.52 $244,229.89
14 $14,421.78 $8,529.01 $235,700.88
15 $13,895.73 $9,055.06 $226,645.81
16 $13,337.23 $9,613.56 $217,032.25
17 $12,744.29 $10,206.50 $206,825.75
18 $12,114.77 $10,836.02 $195,989.73
19 $11,446.43 $11,504.36 $184,485.37
20 $10,736.87 $12,213.93 $172,271.44
21 $9,983.54 $12,967.25 $159,304.19
22 $9,183.75 $13,767.05 $145,537.14
23 $8,334.63 $14,616.17 $130,920.97
24 $7,433.13 $15,517.66 $115,403.31
25 $6,476.04 $16,474.76 $98,928.56
26 $5,459.91 $17,490.88 $81,437.68
27 $4,381.11 $18,569.68 $62,867.99
28 $3,235.78 $19,715.02 $43,152.97
29 $2,019.80 $20,931.00 $22,221.98
30 $728.82 $22,221.98 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Hamel, IL


1500 sqft3900 sqft
Ø selling price$225,061$478,765
Ø fast selling$204,601$430,888
Ø high price sale$245,521$526,641

In 2026, houses in Hamel, IL will be offered at an average price of $124 per square foot. A 1,500 sqft home priced at $225,061 is 23.21% more expensive per square foot than a 3,900 sqft home priced at $478,765. Home prices in Hamel, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $331,452. Sellers who can wait longer may achieve a higher price of up to $405,109.


Explore Hamel, IL

Hamel, IL is a welcoming village in Madison County that blends small-town charm with quick access to big-city amenities.

Location and Access

Conveniently located near the I-55 and I-70 interchange, Hamel offers easy commutes to Edwardsville and downtown St. Louis.
U.S. Route 66 runs through the area, drawing travelers and photographers year-round.

Community and Lifestyle

The community is known for friendly neighborhoods, seasonal festivals, and civic pride centered on its local parks and churches.
Families appreciate access to quality schools in surrounding districts, youth sports programs, and safe streets.

Things to Do

Popular things to do include savoring homestyle meals at local restaurants, exploring farm stands, and cycling scenic country roads.
Outdoor enthusiasts enjoy fishing and picnicking at nearby lakes, with larger recreation hubs minutes away on the Madison County Transit Trails.

Economy and Real Estate

Hamel?s business-friendly environment supports locally owned shops, service providers, and highway-side establishments that benefit from steady traveler traffic.
Real estate ranges from affordable single-family homes to acreage properties, attracting first-time buyers and those seeking room to grow.

Plan Your Visit

Whether you are planning a visit or considering a move, Hamel, Illinois delivers convenience, value, and authentic Midwestern hospitality.



FAQ – Home Values in Hamel

What is the median home value in Hamel in 2026?

In 2026, the typical home value in Hamel is about $319,000 for an average home size of 2577 square feet. This corresponds to an average price of roughly $124 per square foot.

What is the average cost per square foot in Hamel?

In 2026, homes in Hamel sell for an average of around $124 per square foot, with a typical range between $124 and $124 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Hamel is about 2577 square feet, with an estimated 2026 value around $319,000.



Locations close to Hamel, IL

Hardin, IL59 $ / ft²
Hartford, IL62 $ / ft²
Hillsboro, IL91 $ / ft²
Hamburg, IL82 $ / ft²
Greenfield, IL79 $ / ft²
Granite City, IL82 $ / ft²
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