Is Hamel, IL 62046 a buyer’s or seller’s market?
Hamel is a seller’s market. With about 0.6 months of supply and 20% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply0.6Under 4 months = seller’s market
Sold above original list20%Share of sales, last 3 months
Median sale-to-list99.3%Sold price ÷ list price
Median days on market45Listing to accepted offer
Median price per sq ft$150▼ −7.3% vs. last year
Run the numbers for 62046
Nearby markets
Alhambra 62001Seller’s market $118 /sq ftAlton 62002Seller’s market $107 /sq ftBethalto 62010Seller’s market $141 /sq ftCollinsville 62234Seller’s market $127 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology