$2,909 Closing Credit¹
Jennifer Draper, Listing Office: King City Property Brokers
Hamilton County Housing Market Report December 2024•Hamilton County, Illinois
Housing Prices in Hamilton County, IL
How much do homes in Hamilton County, IL cost?
Housing Market Conditions
Is Hamilton County, IL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Hamilton County is a Seller's Market
Difference Since December 2023
Since last year, Hamilton County has remained a Seller's Market.
Insight
Hamilton County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$120,000$91/SqFt
+$5,000
+4.3%
Based on all homes sold in the last 12 months
Insight
Homes in Hamilton County have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in Hamilton County was $120,000 in December 2024, up 4.3% from last year, and the median price per square foot was $91.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Franklin County | $85.1K | $93K | +9.2% |
| Saline County | $80K | $85K | +6.3% |
| Hamilton County | $115K | $120K | +4.3% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 22 Bedrooms | $60K | $78K | +30.0% |
| 33 Bedrooms | $113.7K | $132.5K | +16.5% |
| 11 Bedroom | $75K | - | N/A |
| 44 Bedrooms | $246K | $213.2K | -13.3% |
| 55+ Bedrooms | $185K | - | N/A |
Summary: Hamilton County housing price by bedroom type for December 2024, compared to the previous year. The home price for 2 bedroom homes increased by +30.0%. The home price for 3 bedroom homes increased by +16.5%. The home price for 1 bedroom homes did not change. The home price for 4 bedroom homes decreased by -13.3%. The home price for 5 bedroom homes did not change.
Housing supply in Hamilton County, IL
How many homes are available in Hamilton County, IL?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 14Last MonthDec 2024 | ||
| 162 months agoNov 2024 | -12.5 % Change MoMNov – Dec |
Summary: The Hamilton County real estate market had 14 homes for sale in Dec 2024, a 12.5 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 3Last MonthDec 2024 | ||
| 42 months agoNov 2024 | -25.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 22 Bedrooms | 3 | 3 | 0.0% |
| 33 Bedrooms | 11 | 9 | -18.2% |
| 11 Bedroom | 0 | 0 | 0.0% |
| 44 Bedrooms | 1 | 1 | 0.0% |
| 55+ Bedrooms | 1 | 1 | 0.0% |
Summary: Hamilton County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -18.2%. The inventory for 1 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Hamilton County, IL cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price3 Homes
Insight
If you're buying a home in Hamilton County, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Hamilton County in December 2024, down by 25.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 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?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days1 Home
Over 90 Days0 Home
Insight
Many homes in Hamilton County are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 3 homes were sold in Hamilton County; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 33 DaysThis YearDec 2024 | ||
| 79 Days1 year agoDec 2023 | -58.2 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Hamilton County had an average listing age of 33 days in Dec 2024, down by 58.2% compared to the previous year.
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Newest Listings in Hamilton County, IL
What homes are available in Hamilton County, IL?
$1,603 Closing Credit¹
Hope Williams, Listing Office: Keller Williams Pinnacle - MTV
$196 Closing Credit¹
Teresa Camarato, Listing Office: PROPERTY WITH TLC, LLC
$772 Closing Credit¹
Hope Williams, Listing Office: Keller Williams Pinnacle - MTV
Lynette Ing, Listing Office: MCCOLLUM REAL ESTATE
$1,247 Closing Credit¹
Hope Williams, Listing Office: Keller Williams Pinnacle - MTV
$296 Closing Credit¹
Paula Arpasi, Listing Office: Homefinders Realty
$1,069 Closing Credit¹
Brittany Grove, Listing Office: REALTY 618 LLC
$1,186 Closing Credit¹
Christopher Hall, Listing Office: C J REALTY
Hope Williams, Listing Office: Keller Williams Pinnacle - MTV
Angela Darnell, Listing Office: VIP Realty
Hope Williams, Listing Office: Keller Williams Pinnacle - MTV
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MLS Disclaimers and Copyright
Based on information from RMLS Alliance, for the period 01/01/2023 - 01/01/2025
Listings courtesy of RMLS Alliance as distributed by MLS GRID.All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2025 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 4:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.