House Prices

House Prices & Home Values Hamel, MN 2026


Average Data

average house price$542,566
average size per house2680 ft²
average price per ft²203 $ / ft²

04/05/2026 - The value range (VR) for house prices in Hamel, MN is $208/ sqft to $208/ sqft. An average home with 2680 sqft costs approximately $557,440 to $557,440. Hamel, MN includes 1 ZIP codes and it is located in Hennepin county. The lowest prices are found in ZIP 55340, while the highest are in ZIP 55340. The average price per sqare feet is $203. Our analysis is based on 12 property listings.

Avergage prices by ZIP codes Hamel

55340201 $ / ft²




Historical development of home values in Hamel

Year Estimated value (USD) Change vs. 2025
2010 $251,977 -53.6%
2011 $242,233 -55.4%
2012 $241,581 -55.5%
2013 $250,611 -53.8%
2014 $263,072 -51.5%
2015 $276,574 -49.0%
2016 $291,008 -46.4%
2017 $306,715 -43.5%
2018 $323,672 -40.3%
2019 $338,680 -37.6%
2020 $356,188 -34.4%
2021 $405,125 -25.3%
2022 $472,285 -13.0%
2023 $498,046 -8.2%
2024 $526,859 -2.9%
2025 $542,566 0.0%

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



Example: 100% financing house in Hamel

Loan amount: $542,566

Interest rate: 6.00%

Fixed monthly payment: $3,252.96

Breakdown in the 1st month:
Interest portion: $2,712.83  –  Principal portion: $540.13

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $32,372.71 $6,662.77 $535,903.23
2 $31,961.77 $7,073.72 $528,829.51
3 $31,525.48 $7,510.01 $521,319.50
4 $31,062.28 $7,973.21 $513,346.28
5 $30,570.51 $8,464.98 $504,881.30
6 $30,048.40 $8,987.08 $495,894.22
7 $29,494.10 $9,541.39 $486,352.83
8 $28,905.61 $10,129.88 $476,222.95
9 $28,280.82 $10,754.67 $465,468.28
10 $27,617.50 $11,417.99 $454,050.29
11 $26,913.26 $12,122.23 $441,928.06
12 $26,165.59 $12,869.90 $429,058.16
13 $25,371.80 $13,663.69 $415,394.47
14 $24,529.05 $14,506.44 $400,888.03
15 $23,634.33 $15,401.16 $385,486.87
16 $22,684.42 $16,351.07 $369,135.80
17 $21,675.92 $17,359.57 $351,776.23
18 $20,605.22 $18,430.27 $333,345.96
19 $19,468.48 $19,567.01 $313,778.96
20 $18,261.63 $20,773.86 $293,005.10
21 $16,980.34 $22,055.14 $270,949.95
22 $15,620.03 $23,415.46 $247,534.50
23 $14,175.82 $24,859.67 $222,674.82
24 $12,642.53 $26,392.96 $196,281.86
25 $11,014.67 $28,020.82 $168,261.04
26 $9,286.40 $29,749.08 $138,511.96
27 $7,451.54 $31,583.94 $106,928.01
28 $5,503.52 $33,531.97 $73,396.04
29 $3,435.34 $35,600.15 $37,795.89
30 $1,239.60 $37,795.89 $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, MN


1500 sqft3900 sqft
Ø selling price$368,446$783,784
Ø fast selling$334,950$705,405
Ø high price sale$401,941$862,162

In 2026, houses in Hamel, MN will be offered at an average price of $203 per square foot. A 1,500 sqft home priced at $368,446 is 22.22% more expensive per square foot than a 3,900 sqft home priced at $783,784. Home prices in Hamel, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $542,619. Sellers who can wait longer may achieve a higher price of up to $663,201.


Discover Hamel, MN

Nestled in western Hennepin County, Hamel, MN is a charming community within the city of Medina, Minnesota.
Known for its small-town feel near big-city amenities, Hamel sits about 20 miles northwest of Minneapolis along Highway 55 and County Road 19.
Historic Main Street Hamel and local businesses create a welcoming downtown vibe for residents and visitors.

Things to Do and Local Highlights

One of the region?s signature events is the Hamel Rodeo, drawing crowds every summer with pro rodeo action and family entertainment.
Outdoor lovers enjoy quick access to Baker Park Reserve and Lake Independence for trails, paddling, and picnics.
Local parks like Hamel Legion Park and community programs at Medina Entertainment Center add year-round recreation and live music.

Neighborhoods, Schools, and Real Estate

Hamel, Minnesota offers a blend of newer subdivisions, acreage homes, and hobby farms that appeal to those seeking space and quiet.
Families appreciate access to top-rated schools in the Wayzata Public Schools district, along with nearby private and preschool options.
Home buyers searching for homes for sale in Hamel will find a mix of single-family homes, townhomes, and luxury properties close to golf courses and nature.

Getting Around and Quality of Life

With low-density neighborhoods, strong community spirit, and convenient commutes to Plymouth, Maple Grove, and downtown Minneapolis, Hamel Minnesota delivers a balanced suburban?rural lifestyle.



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 $542,566 for an average home size of 2680 square feet. This corresponds to an average price of roughly $203 per square foot.

What is the average cost per square foot in Hamel?

In 2026, homes in Hamel sell for an average of around $203 per square foot, with a typical range between $208 and $208 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 2680 square feet, with an estimated 2026 value around $542,566.



Locations close to Hamel, MN

Hanover, MN192 $ / ft²
Hector, MN59 $ / ft²
Hopkins, MN168 $ / ft²
Hamburg, MN192 $ / ft²
Green Isle, MN77 $ / ft²
Glencoe, MN100 $ / ft²
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