Is Hampton, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hampton is a neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Hampton 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, GA

How much do homes in Hampton, GA cost?

Median Sold Price

$324,780

$149/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$2,746(-0.8%)

Key Takeaway

Homes in Hampton have sold for 0.8% less than they did a year ago.

Summary: The median home sold price in Hampton was $324,780 in November 2024, down 0.8% from last year, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $179K$195K
+8.9%
3 $270K$264.2K
-2.1%
4 $329.8K$335K
+1.6%
5+ $410K$388.2K
-5.3%

Summary: Hampton 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 increased by 8.9%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes decreased by 5.3%.

Housing Supply in Hampton, GA

How many homes are available in Hampton, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
381378-0.8%

Summary: The Hampton real estate market had 378 homes for sale in November 2024, a 0.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1311
-15.4%
3 130129
-0.8%
4 148149
+0.7%
5+ 9089
-1.1%

Summary: The Hampton 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 15.4%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes decreased by 1.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
8858-34.1%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

22 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hampton, expect to pay close to the asking price. 44.9% of homes here sold near the asking price last month.

Summary: A total of 58 homes were sold or pending in Hampton in November 2024, down by 34.1% month-over-month. Of the 49 sold homes, 29% were sold under asking, 45% were sold at asking, and 27% were sold over asking.

Days on Market for Hampton, GA

How long does it take to sell a home in Hampton, GA?

Average Sale Time

Nov 2023Nov 2024CHANGE
42 Days59 Days+39.9%

Summary: Homes in Hampton had an average of 59 days on market in Nov 2024, up by 39.9% compared to last year.

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

19 Homes Were Sold
In 30 - 90 Days

16 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 58 homes were sold in Hampton; 40% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 28% 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 17 Days Ago

Newest Listings in Hampton, GA

Nearby Markets to Hampton, GA