$7,125 Closing Credit*
$600,000
3,654 SqFt
4 Beds
•3 Full Baths, 1 Partial
Listing Office: Re/Max Alliance
Is Hampton Cove, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Hampton Cove was a Seller's Market.
Key Takeaway
Hampton Cove is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hampton Cove, AL
How much do homes in Hampton Cove, AL cost?
Median Sold Price
$601,500
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$74,500(+14.1%)
Key Takeaway
Homes in Hampton Cove have sold for 14.1% more than they did a year ago.
Summary: The median home sold price in Hampton Cove was $601,500 in October 2024, up 14.1% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $400K | $315K | -21.3% |
| 3 Bedrooms | $382.5K | $470K | +22.9% |
| 4 Bedrooms | $519.5K | $601K | +15.7% |
| 5+ Bedrooms | $610K | $722.5K | +18.4% |
Summary: Hampton Cove housing prices by bedroom type for October 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 22.9%, 4 bedroom homes increased by 15.7%, and 5+ bedroom homes increased by 18.4%.
Housing Supply in Hampton Cove, AL
How many homes are available in Hampton Cove, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 34 | -2.9% |
Summary: The Hampton Cove real estate market had 34 homes for sale in October 2024, a 2.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 18 | 18 | 0.0% |
| 5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The Hampton Cove housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 3 | -57.1% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hampton Cove, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Hampton Cove in October 2024, down by 57.1% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% 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
