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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hampton is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Hampton has remained a Seller's Market.

Key Takeaway

Hampton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Hampton, GA

How much do homes in Hampton, GA cost?

Median Sold Price

$324,923

$149/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$3,468(-1.1%)

Key Takeaway

Homes in Hampton have sold for 1.1% less than they did a year ago.

Summary: The median home sold price in Hampton was $324,923 in October 2024, down 1.1% from last year, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $182K$192K
+5.5%
3 $270K$261.8K
-3.0%
4 $329.9K$335K
+1.5%
5+ $417.5K$390K
-6.6%

Summary: Hampton 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 increased by 5.5%, 3 bedroom homes decreased by 3%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes decreased by 6.6%.

Housing Supply in Hampton, GA

How many homes are available in Hampton, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
371422+13.7%

Summary: The Hampton real estate market had 422 homes for sale in October 2024, a 13.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 814
+75.0%
3 129145
+12.4%
4 135167
+23.7%
5+ 9896
-2.0%

Summary: The Hampton housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 75%, 3 bedroom homes increased by 12.4%, 4 bedroom homes increased by 23.7%, and 5+ bedroom homes decreased by 2%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5092+84.0%

Asking Price vs. Sold Price

38 Homes Were Sold
Under Asking

27 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hampton, you may be able to get a good deal. 46.3% of homes here sold below asking price last month.

Summary: A total of 92 homes were sold or pending in Hampton in October 2024, up by 84.0% month-over-month. Of the 82 sold homes, 46% were sold under asking, 33% were sold at asking, and 21% 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

Oct 2023Oct 2024CHANGE
32 Days41 Days+25.4%

Summary: Homes in Hampton had an average of 41 days on market in Oct 2024, up by 25.4% compared to last year.

Breakdown of Home Sale Times

47 Homes Were Sold
Under 30 Days

35 Homes Were Sold
In 30 - 90 Days

10 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 October 2024, 92 homes were sold in Hampton; 51% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 11% 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

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