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Hamilton, IL Home Values and Rents
The typical home value in Hamilton is $117,694, 528th highest of 696 cities and towns in Illinois. Median rent is $941 a month.
- Typical home value
- $117,694
- 528th of 696 in IL
- Median rent
- $941/mo
- ACS 2020-2024
- Price change, 1 year
- -0.6%
- Sep 2026
- Homeownership
- 67.2%
- IL: 67.1%
Typical home value in Hamilton
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | Hamilton |
|---|---|
| Sep 2026 | $117,694 |
| Dec 2025 | $121,191 |
| Dec 2024 | $117,927 |
| Dec 2023 | $119,878 |
| Dec 2022 | $114,096 |
| Dec 2021 | $118,350 |
| Dec 2020 | $112,317 |
| Dec 2019 | $105,519 |
| Dec 2018 | $94,889 |
| Dec 2017 | $106,183 |
| Dec 2016 | $99,355 |
Over five years, Hamilton prices changed +0.5%.
Source: Zillow Research · Last updated 09/01/2026
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Fair Market Rents, FY2027
HUD rent standard for Hancock County, IL
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $648 | +2.5% |
| 1 bedroom | $772 | -2.4% |
| 2 bedrooms | $930 | +1.5% |
| 3 bedrooms | $1,116 | +0.5% |
| 4 bedrooms | $1,222 | +0.7% |
Frequently asked questions
- What is the typical home value in Hamilton, IL?
- The typical home value in Hamilton is $117,694 (Zillow Home Value Index, Sep 2026). The Illinois median is $263,300.
- How much is rent in Hamilton?
- The median rent in Hamilton is $941 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $930.
- Are home prices going up in Hamilton?
- The typical home value in Hamilton changed -0.6% over one year and +0.5% over five years, as of Sep 2026.
- How does Hamilton compare with the rest of Illinois?
- Hamilton has the 528th highest median home value of 696 cities and towns with 1,000+ residents in Illinois.