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Hamel, IL
Full City Profile · Illinois · Madison County County
3.8
/5.0
B+
Good
1,004
Population
844/sq mi density
$105,313
Median Income
$39,353 per capita
$231,900
Home Value
$274,718 Zillow
$940
Median Rent
26.2% income on rent
58°F
Avg Temperature
293 sunny days/yr
369
Violent Crime/100K
615 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$105,313 median income, 0.3% unemployment
A+
Affordability
5.0 / 5.0
$231,900 home value, $940/mo rent
F
Safety
1.0 / 5.0
369 violent crimes/100K
A
Education
4.1 / 5.0
38.4% bachelor's degree or higher
Housing Overview
Median Home Value
$231,900
18% below
US avg: $281,900
Median Rent
$940/mo
19% below
US avg: $1,163/mo
Homeownership Rate
79.3%
21% above US avg (65.4%)
Total Housing Units
382
Median year built: 1978
Home Value by Source
Census Median
$231,900
Zillow (ZHVI)
$274,718
Median Sale Price
$240,000
Median List Price
$340,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
79.3%
Owner-Occupied
20.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent:
$940/mo
Market Indicators (Redfin)
Median Days on Market
23 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
66.7%
of listings with price reduction
Price Per Sq Ft
$122
Active Inventory
3
homes for sale
Affordability & Housing Stock
Rent Burden
26.2%
of renters spending 30%+ of income on housing
15% below US avg (31.0%)
Median Year Built
1978
Average age of housing stock: 48 years
Homeownership Rate
79.3%
Complete Housing Data
Home Values
| Census Median Value | $231,900 |
| Zillow Home Value (ZHVI) | $274,718 |
| Median Sale Price | $240,000 |
| Median List Price | $340,000 |
| Price Per Sq Ft | $122 |
Rent
| Census Median Rent | $940 |
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
| Days on Market | 23 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 66.7% |
| Homes Sold | 1 |
| Active Inventory | 3 |
| Price Per Sq Ft | $122 |
Ownership & Stock
| Owner-Occupied | 79.3% |
| Renter-Occupied | 20.7% |
| Homeownership Rate | 79.3% |
| Total Housing Units | 382 |
| Median Year Built | 1978 |
| Rent Burden | 26.2% |