New Downward Trend in Contracts for Hamel Real Estate Market

The Hamel market saw zero homes go under contract and failed to break out of a new downward trend. Along with that, total home sales fell to one over the last 30 days. Potential buyers should note that prices went up in Hamel, with the median for this period rising from $186,000 to $240,450. In spite of contracts trending lower, there is only one month of inventory available, which signals that Hamel is a still definite seller's market.

Trying to find a home in Hamel that offers more bedrooms? Then check out these listings that provide the most bedrooms in the area:

$149K  

Get started right now by checking out Hamel homes for sale or reviewing Hamel real estate trends.

Demographic facts for Hamel:

  • The median value of all homes in the area is $117,500.
  • The area gets an average of 101 rainy days each year. (U.S. average: 100)
  • The unemployment rate for this area is 8.7%.
  • The student-to-teacher ratio is 18.2:1. (15.3:1 = national average)

Data reported through 10/12/2016

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