$5,938 Closing Credit*
$500,000
3,077 SqFt
4 Beds
•2 Full Baths, 1 Partial
Listing Office: Keller Williams Realty Madison
Is Hampton Cove, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Hampton Cove was a Seller's Market.
Key Takeaway
Hampton Cove is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Hampton Cove, AL
How much do homes in Hampton Cove, AL cost?
Median Sold Price
$605,250
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$76,250(+14.4%)
Key Takeaway
Homes in Hampton Cove have sold for 14.4% more than they did a year ago.
Summary: The median home sold price in Hampton Cove was $605,250 in November 2024, up 14.4% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $400K | $315K | -21.3% |
| 3 Bedrooms | $397.5K | $470K | +18.2% |
| 4 Bedrooms | $517.5K | $602K | +16.3% |
| 5+ Bedrooms | $605K | $743.5K | +22.9% |
Summary: Hampton Cove housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 21.3%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 16.3%, and 5+ bedroom homes increased by 22.9%.
Housing Supply in Hampton Cove, AL
How many homes are available in Hampton Cove, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 33 | 32 | -3.0% |
Summary: The Hampton Cove real estate market had 32 homes for sale in November 2024, a 3.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 17 | 18 | +5.9% |
| 5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The Hampton Cove housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Hampton Cove, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Hampton Cove in November 2024, up by 66.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Hampton Cove, AL
We’re sorry, we don't have information for this market at the moment
