Is Hampden South, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hampden South is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Hampden South was a Seller's Market.

Key Takeaway

Hampden South is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Hampden South, CO

How much do homes in Hampden South, CO cost?

Median Sold Price

$584,995

$275/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$54,995(+10.4%)

Key Takeaway

Homes in Hampden South have sold for 10.4% more than they did a year ago.

Summary: The median home sold price in Hampden South was $584,995 in November 2024, up 10.4% from last year, and the median price per square foot was $275.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $216K$219K
+1.4%
2 $342.5K$310K
-9.5%
3 $535K$525K
-1.9%
4 $666.5K$775K
+16.3%
5+ $875K$917.5K
+4.9%

Summary: Hampden South housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.4%, 2 bedroom homes decreased by 9.5%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 16.3%, and 5+ bedroom homes increased by 4.9%.

Housing Supply in Hampden South, CO

How many homes are available in Hampden South, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
126110-12.7%

Summary: The Hampden South real estate market had 110 homes for sale in November 2024, a 12.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1111
0.0%
2 4538
-15.6%
3 2015
-25.0%
4 3430
-11.8%
5+ 1616
0.0%

Summary: The Hampden South 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 15.6%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2915-48.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hampden South, you could pay more than the asking price. 46.7% of homes here sold above asking price last month.

Summary: A total of 15 homes were sold or pending in Hampden South in November 2024, down by 48.3% month-over-month. Of the 15 sold homes, 40% were sold under asking, 13% were sold at asking, and 47% were sold over asking.

Days on Market for Hampden South, CO

How long does it take to sell a home in Hampden South, CO?

Average Sale Time

Nov 2023Nov 2024CHANGE
21 Days47 Days+121.1%

Summary: Homes in Hampden South had an average of 47 days on market in Nov 2024, up by 121.1% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Hampden South are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 15 homes were sold in Hampden South; 47% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Hampden South, CO

Nearby Markets to Hampden South, CO