From July through September of 2018, there were three homes sold, with a median sale price of $115,000 - a 2.7% decrease over the $118,250 median sale price for the same period of the previous year. There were two homes sold in Hamel in the third quarter of 2017.
The median sales tax in Hamel for the most recent year with available data, 2017, was $3,647.30, approximately 3.2% of the median home sale price for the third quarter of 2018.
The following table compares Hamel to other Madison County cities with similar median sales prices in the third quarter of 2018:
| City | July - Sept. 2018 Home Sales | July - Sept. 2017 Home Sales | % change (Total Home Sales) | July - Sept. 2018 Median Sales Price | July - Sept. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Lakeview Acres | 1 | 2 | -50% | $147,000 | $153,500 | -4.2% |
| Godfrey | 77 | 73 | 5.5% | $145,500 | $114,000 | 27.6% |
| Grantfork | 3 | 1 | 200% | $124,000 | $68,500 | 81% |
| Brooks | 1 | 0 | - | $122,000 | $0 | - |
| Bethalto | 48 | 56 | -14.3% | $118,750 | $119,450 | -0.6% |
| Hamel | 3 | 2 | 50% | $115,000 | $118,250 | -2.7% |
| Collinsville | 108 | 109 | -0.9% | $113,500 | $118,500 | -4.2% |
| Rosewood Heights | 16 | 12 | 33.3% | $102,250 | $93,561.63 | 9.3% |
| Pontoon Beach | 15 | 14 | 7.1% | $97,400 | $77,000 | 26.5% |
| Cedar Park | 2 | 2 | 0% | $95,500 | $77,750 | 22.8% |
| Mitchell | 6 | 6 | 0% | $89,000 | $69,500 | 28.1% |
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