NASA allocates thirty seconds for actual hatch closure. The maximum required module isolation time is 3 minutes, which includes crew response time, removing any stowage blocking the hatch, and/or disconnecting cable drag-throughs, and closing the hatch.
The ISS Safety Requirements Document SSP 51721, Appendix D.4.9.6.3 Rationale – Volume Isolation (pg 289 of the linked PDF) states:
The integrated assessment allocates 1 minute for crew reaction time
(including items such as waking up, translating to the hatch, and/or
egressing end item apparatus) and 30 seconds for actual hatch closure.
In an emergency situation, the intermodule ventilation valve is closed
automatically to ensure environmental isolation and although the crew
would confirm the valve is closed, it is not considered an impact to
the timeline. Time may also be required to clear the hatch of drag
throughs, etc.