In October 2018, there were three homes sold, with a median sale price of $198,000 - a 75.6% increase over the $112,750 median sale price for the same period of the previous year. There were three homes sold in Hamel in October 2017, as well.
The median sales tax in Hamel for the most recent year with available data, 2017, was $3,647, approximately 1.8% of the median home sale price for October 2018.
The following table compares Hamel to other Madison County cities with similar median sales prices in October 2018:
| City | Oct. 2018 Home Sales | Oct. 2017 Home Sales | % change (Total Home Sales) | Oct. 2018 Median Sales Price | Oct. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Alhambra | 1 | 3 | -66.7% | $395,000 | $63,000 | 527% |
| Dorsey | 1 | 1 | 0% | $240,000 | $179,900 | 33.4% |
| Glen Carbon | 15 | 15 | 0% | $222,500 | $222,000 | 0.2% |
| Edwardsville | 49 | 31 | 58.1% | $209,600 | $167,500 | 25.1% |
| Maryville | 4 | 9 | -55.6% | $209,250 | $195,000 | 7.3% |
| Hamel | 3 | 3 | 0% | $198,000 | $112,750 | 75.6% |
| Troy | 22 | 26 | -15.4% | $195,500 | $177,700 | 10% |
| Holiday Shores | 7 | 3 | 133.3% | $189,900 | $199,500 | -4.8% |
| Moro | 5 | 1 | 400% | $175,000 | $50,000 | 250% |
| St. Jacob | 2 | 3 | -33.3% | $172,500 | $185,000 | -6.8% |
| Marine | 2 | 2 | 0% | $162,250 | $106,750 | 52% |
Alerts Sign-up