Current Price

$265,066

1 Month Forecast

â–² $278,758

1-Year Forecast *

â–² $291,369

5-Year Forecast *

â–² $339,099

"Is it a good time to buy homes in Hamel?" "Does investing in real estate in Hamel (Illinois State, Madison County) worth it?" According to our live Forecast System, buying a house in Hamel is a acceptable short-term (1-year) investment*. The Hamel average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Hamel" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Hamel in Illinois State, Madison County. If you are looking for homes for sale with good flipping profit, Hamel can be a profitable property investment option. The median price of an average house in Hamel was 265,066 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Hamel" area is 339,099 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +27.93% meaning that investing 100000 USD today may yield a profit of 27,930 USD by 2031.

Current Median Listing Price: 265,066 USD Median Listing Price Per Square Foot: 147 USD

Hamel Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Hamel (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Hamel Price Target

Hamel median home price target in 12 months: $291,369* (upside of 9.9%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $273,127 $277,639 $273,127 $277,639
2024 $251,981 $265,066 $251,981 $265,066
2023 $235,814 $251,571 $235,814 $251,571
2022 $217,504 $235,605 $217,504 $235,605
2021 $195,269 $214,619 $195,269 $214,619
2020 $173,017 $192,529 $173,017 $192,529
2019 $169,134 $171,030 $168,888 $171,030
2018 $162,873 $168,296 $161,766 $168,296
2017 $155,751 $162,741 $155,751 $162,741
2016 $151,442 $155,708 $151,442 $155,708
2015 $148,486 $151,365 $148,246 $151,365
2014 $145,860 $148,853 $145,860 $149,002
2013 $142,552 $145,888 $142,552 $145,888
2012 $140,357 $142,482 $140,357 $143,558

Questions & Answers about the Hamel Housing Market Forecast

How much does an average home cost in Hamel today?

The value of an average home (the listing price) in Hamel is $265,066 USD.

What is the average price per square foot in Hamel?

According to Walletinvestor the median price per square foot in Hamel is 147 USD.

Will the median listing price of homes in Hamel grow / rise / go up?

Yes. The Hamel home prices may rise from 265,066 USD to 291,369 USD in one year.

Is it profitable to invest in Hamel homes?

Yes. The long-term profit potential is +9.92% in one year.

Will Hamel house prices fall / drop?

No. See above.

What is the predicted price of a Hamel home in 2030?

The predicted home sales price of a Hamel home in 2030 in Hamel is 325,144 USD.

What is the predicted price of a Hamel home in 2035?

The predicted home sales price of a Hamel home in 2035 in Hamel is 394,647 USD.

Will real estate prices decrease in Hamel?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Hamel is the 19326. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in Madison, Hamel decreased, looking at the past 12 months.

According to Walletinvestor's Hamel real estate market research, home values will increase in the next 12 months.

Median home values decreased by 3.574% to 265,066 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 9.253% in 2021
  • 11.193% in 2022
  • 8.543% in 2023
  • 9.803% in 2024
  • 10.613% in 2025
  • 9.803% in 2026

Based on our Hamel real estate market research and report the predicted sales prices will increase by 157.562% in the next 10 years.

Over the last 12 months, the value of homes in Hamel fluctuated: increasing 4 times .

Hamel (Illinois) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Hamel Housing Market Forecast with Real Estate Prices for 2025
August 2025 278758 252555 304961
September 2025 279881 264208 295555
October 2025 281009 259091 302928
November 2025 282142 257596 306688
December 2025 283279 262883 303675
Hamel Housing Market Forecast with Real Estate Prices for 2026
January 2026 284421 256263 312579
February 2026 285567 263864 307270
March 2026 286718 267221 306215
April 2026 287874 271177 304570
May 2026 289034 261576 316492
June 2026 290199 271046 309352
July 2026 291369 272138 310599
August 2026 292543 274698 310388
September 2026 293722 274043 313401
October 2026 294906 267775 322037
November 2026 296094 267669 324520
December 2026 297129 270684 323573
Hamel Housing Market Forecast with Real Estate Prices for 2027
January 2027 296921 280293 313548
February 2027 296815 273664 319967
March 2027 296724 279514 313934
April 2027 297402 272122 322681
May 2027 297666 272364 322967
June 2027 298865 275255 322476
July 2027 300070 272163 327976
August 2027 301279 276574 325984
September 2027 302494 272849 332138
October 2027 303713 282149 325276
November 2027 304937 281762 328112
December 2027 306166 275856 336476
Hamel Housing Market Forecast with Real Estate Prices for 2028
January 2028 307400 285575 329225
February 2028 308274 290086 326462
March 2028 308244 287900 328588
April 2028 308372 285244 331499
May 2028 308874 287253 330495
June 2028 309490 293396 325583
July 2028 310611 282966 338255
August 2028 311863 296270 327456
September 2028 313120 297151 329089
October 2028 314297 284125 344470
November 2028 315398 294267 336530
December 2028 316669 290069 343270
Hamel Housing Market Forecast with Real Estate Prices for 2029
January 2029 317946 291238 344653
February 2029 319227 289220 349235
March 2029 320514 304488 336540
April 2029 321806 290590 353021
May 2029 323103 303717 342489
June 2029 324405 300723 348086
July 2029 325144 295231 355058
August 2029 325630 298928 352332
September 2029 326251 295910 356592
October 2029 327042 297609 356476
November 2029 328361 302748 353973
December 2029 329684 301001 358366
Hamel Housing Market Forecast with Real Estate Prices for 2030
January 2030 331013 310159 351867
February 2030 332347 315065 349629
March 2030 333686 309995 357378
April 2030 335031 310909 359154
May 2030 336382 304762 368001
June 2030 337737 319162 356313
July 2030 339099 318414 359784
August 2030 340465 306759 374171
September 2030 341838 317225 366450
October 2030 343215 322279 364151
November 2030 344599 327024 362173
December 2030 345988 319692 372283
Hamel Housing Market Forecast with Real Estate Prices for 2031
January 2031 347382 314728 380036
February 2031 348782 315648 381916
March 2031 350188 324624 375752
April 2031 351411 327164 375659
May 2031 351165 327988 374342
June 2031 351040 327521 374560
July 2031 350933 319349 382517
August 2031 351734 333795 369672
September 2031 352046 317546 386547
October 2031 353465 327662 379268
November 2031 354890 326144 383636
December 2031 356320 322826 389814
Hamel Housing Market Forecast with Real Estate Prices for 2032
January 2032 357756 325200 390312
February 2032 359198 336569 381828
March 2032 360646 330712 390579
April 2032 362099 340011 384187
May 2032 363559 329384 397733
June 2032 364592 345634 383551
July 2032 364557 330289 398825

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.