Home prices
The median home price in Hamlet is $71,000. This is approximately $18,300 (20%) lower in comparison to nearby areas.Compared to the United States as a whole it is roughly $146,500 (67%) lower, and compared to the city of Chicago is about $187,000 (72%) lower.
Rents
In Hamlet the median monthly rent is $704. This is is very similar in comparison to other places in this area.It is roughly $358 (33%) lower in comparison to the entire nation, and it is about $408 (36%) lower compared to the city of Chicago.
Nearby places
Koontz Lake
Koontz Lake is roughly 5 miles northeast of Hamlet. Housing prices there are significantly more expensive. The median home in Koontz Lake is valued at $106,900, which is $35,900 (33%) higher than Hamlet. Rent there is a bit more expensive. In Koontz Lake the median rent is $753 per month, which is $49 (6%) higher than Hamlet.
Knox
Knox is approximately 6 miles south from Hamlet. Its real estate prices are somewhat more expensive. The median home in Knox costs $83,300, which works out to $12,300 (14%) higher than Hamlet. Rent there is somewhat less expensive. Knox's median rent is $626 a month, which comes out to $78 (12%) lower than Hamlet.
Walkerton
Walkerton is approximately 7 miles northeast of Hamlet. Real estate prices there are a bit more expensive. The median home in Walkerton costs $98,800, which comes out to $27,800 (28%) higher than Hamlet. Its rents are similar. The median rent in Walkerton is $704 a month, which is very similar to Hamlet.
Kingsford Heights
Kingsford Heights is roughly 8 miles northwest of Hamlet. Real estate prices there are a bit less expensive. The median home price in Kingsford Heights is $63,900, which works out to $7,100 (11%) lower than Hamlet. Rents there are similar. In Kingsford Heights the median monthly rent is $729, which works out to $25 (3%) higher than Hamlet.
Plymouth
Plymouth is approximately 11 miles east from Hamlet. The housing prices there are a bit more expensive. The median home value in Plymouth is $93,600, which is $22,600 (24%) higher than Hamlet. The rent there is similar. In Plymouth the median monthly rent is $696, which is $8 (1%) lower than Hamlet.