Hamel—62046
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hamel
As of Oct '25, the median home price in Hamel is $272,000, with a year-over-year change of 4.5%. This indicates that home prices in Hamel are increasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $272,000 | 4.5% |
| Single Family | $272,000 | 4.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $276,000 | 4.5% |
4 Bed | $297,000 | 4.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Hamel
Hamel lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Hamel
As of Oct '25, Realtor.com reports that the median days on market for a home in Hamel is 71. This is a increase of 36.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $395,000 | 9.0% |
Listing Count | 4 | -15.0% |
| Listings as % of Homes | 0.5% | -15.0% |
Days on Market | 71 | 36.0% |
Demographics — Hamel
As of the latest ACS Survey released in 2023, Hamel has a population of 974, which has increased by 26.7% over the past 5 years. Hamel is a popular place for families, as children make up 30.6% of the population. The area has a moderately educated workforce, with 39.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 974 | 26.7% |
% Under 18 | 30.6% | -4.7% |
% Seniors | 14.3% | 38.8% |
% WFH | 17.3% | 1,230.8% |
% w/ College Degree | 39.1% | 60.2% |
As of the latest ACS Survey released in 2023, Hamel is a predominantly white area, with 95.7% of the population identifying as white. The white population has shrunk by 1.2% in the last 5 years. The second most common race or ethnicity in Hamel is black, making up 1.4% of the population. Foreign-born residents account for 1.1% of the population in Hamel, and this percentage has decreased by 52.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 95.7% | -1.2% |
% Black | 1.4% | ∞% |
% Hispanic | 0.6% | -25.0% |
% Asian | 0.2% | -87.5% |
% Foreign Born | 1.1% | -52.2% |
Mortgage and Risk — Hamel
Hamel lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Hamel
Hamel lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $900 |
| 2 Bedroom | N/A | N/A | $1,110 |
| 3 Bedroom | N/A | N/A | $1,430 |
| 4 Bedroom | N/A | N/A | $1,650 |
Affordability — Hamel
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.4 |
| Median Home Price | $272,000 |
| Median Household Income | $96,800 |