Data as of February 2026. Source: Realtor.com.
The HAMEL, MN real estate market (55340) currently shows 81 active listings, with 38 pending sales. Homes are averaging 61 days on the market before going under contract.
Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 61 days on market compared to 28 days last year.
The median listing price has risen 11.9% year-over-year, from $820,052 to $917,536.
Whether you are buying or selling in HAMEL, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 9,414 · Density: 102.0/mi² · Median household income: $169,762
Typical home value: $591,297 · Homeownership: 92.0%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 55340 | Hamel, MN 55340 | 0.0 mi | 75 | $89,542,125 | $1,000,380 | $1,193,895 |
| 55357 | Loretto, MN 55357 | 4.4 mi | 7 | $7,757,806 | $899,900 | $1,108,258 |
| 55356 | Long Lake, MN 55356 | 5.7 mi | 27 | $47,930,724 | $649,900 | $1,775,212 |
| 55374 | Rogers, MN 55374 | 6.9 mi | 116 | $62,411,596 | $494,568 | $538,031 |
| 55369 | Osseo, MN 55369 | 7.1 mi | 120 | $69,355,680 | $569,900 | $577,964 |
| 55442 | Minneapolis, MN 55442 | 7.5 mi | 31 | $14,890,230 | $439,800 | $480,330 |
| 55391 | Wayzata, MN 55391 | 8.3 mi | 88 | $238,939,008 | $2,222,500 | $2,715,216 |
| 55428 | Minneapolis, MN 55428 | 9.5 mi | 53 | $15,292,567 | $305,000 | $288,539 |
| 55445 | Minneapolis, MN 55445 | 10.0 mi | 28 | $7,634,200 | $239,900 | $272,650 |
| 55376 | Saint Michael, MN 55376 | 10.7 mi | 107 | $54,000,439 | $499,910 | $504,677 |
| 55427 | Minneapolis, MN 55427 | 10.7 mi | 48 | $19,920,144 | $324,999 | $415,003 |
| 55316 | Champlin, MN 55316 | 11.0 mi | 32 | $12,719,712 | $378,950 | $397,491 |
| 55328 | Delano, MN 55328 | 11.9 mi | 68 | $50,289,400 | $500,000 | $739,550 |
As of February 2026, there are 81 active listings in HAMEL, MN (zip code 55340), compared to 91 the prior year.
The median listing price in HAMEL, MN 55340 is $917,536 as of February 2026, a 11.9% increase from $820,052 the prior year.
Homes in HAMEL, MN 55340 spend an average of 61 days on the market before going under contract, compared to 28 days the prior year.
Based on current inventory and days-on-market data as of February 2026, HAMEL, MN 55340 is currently a Balanced Market. Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 61 days on market compared to 28 days last year.
With SELL123.com's maximum 3% commission, sellers in HAMEL, MN 55340 save an estimated $18,351 compared to a typical 5% commission on the median listing price of $917,536. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.