Is Hampton Township, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hampton Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Hampton Township, IL

How much do homes in Hampton Township, IL cost?

Median Sold Price

$140,000

$108/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$3,500(-2.4%)

Key Takeaway

Homes in Hampton Township have sold for 2.4% less than they did a year ago.

Summary: The median home sold price in Hampton Township was $140,000 in October 2024, down 2.4% from last year, and the median price per square foot was $108.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $78K$24.2K
-68.9%
2 $99.9K$108K
+8.1%
3 $162.4K$162.4K
0.0%
4 $163.5K$255.2K
+56.1%
5+ $255K$219K
-14.1%

Summary: Hampton Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 68.9%, 2 bedroom homes increased by 8.1%, 3 bedroom homes did not change, 4 bedroom homes increased by 56.1%, and 5+ bedroom homes decreased by 14.1%.

Median Sold Price Compared To Nearby Cities

East Moline
+10.4%
Hampton Township
-2.4%
Silvis
-4.1%

Housing Supply in Hampton Township, IL

How many homes are available in Hampton Township, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5864+10.3%

Summary: The Hampton Township real estate market had 64 homes for sale in October 2024, a 10.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 1921
+10.5%
3 2220
-9.1%
4 1417
+21.4%
5+ 35
+66.7%

Summary: The Hampton Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 10.5%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1715-11.8%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hampton Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Hampton Township in October 2024, down by 11.8% month-over-month. Of the 15 sold homes, 67% were sold under asking, 20% were sold at asking, and 13% were sold over asking.

Days on Market for Hampton Township, IL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
13 Days58 Days+341.3%

Summary: Homes in Hampton Township had an average of 58 days on market in Oct 2024, up by 341.3% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 15 homes were sold in Hampton Township; 60% of homes were sold within 30 days, 27% 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 Hampton Township, IL

Nearby Markets to Hampton Township, IL

What housing markets are near Hampton Township, IL?