$208 Closing Credit*
$17,500
1,400 SqFt
2 Beds
•1 Full Bath
Teresa Camarato, Listing Office: PROPERTY WITH TLC, LLC
Is Hamilton County, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Hamilton County has remained a Seller's Market.
Key Takeaway
Hamilton County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hamilton County, IL
How much do homes in Hamilton County, IL cost?
Median Sold Price
$119,250
$91/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,500(+4.8%)
Key Takeaway
Homes in Hamilton County have sold for 4.8% more than they did a year ago.
Summary: The median home sold price in Hamilton County was $119,250 in November 2024, up 4.8% from last year, and the median price per square foot was $91.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $75K | - | N/A |
| 2 Bedrooms | $60K | $76K | +26.7% |
| 3 Bedrooms | $115K | $119.2K | +3.7% |
| 4 Bedrooms | $205K | $231.5K | +12.9% |
| 5+ Bedrooms | $195K | $175K | -10.3% |
Summary: Hamilton County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 26.7%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes decreased by 10.3%.
Median Sold Price Compared To Nearby Counties
| Saline County | $80K | $85K | +6.3% |
| Hamilton County | $113.7K | $119.2K | +4.8% |
| Franklin County | $89.6K | $90.6K | +1.2% |
Housing Supply in Hamilton County, IL
How many homes are available in Hamilton County, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 15 | -6.3% |
Summary: The Hamilton County real estate market had 15 homes for sale in November 2024, a 6.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 11 | 11 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Hamilton County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hamilton County, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Hamilton County in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Hamilton County, IL
How long does it take to sell a home in Hamilton County, IL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 61 Days | 58 Days | -4.6% |
Summary: Homes in Hamilton County had an average of 58 days on market in Nov 2024, down by 4.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Hamilton County has remained consistent over time.
Summary: During November 2024, 4 homes were sold in Hamilton County; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.