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 November 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

$141,000

$107/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$4,875(-3.3%)

Key Takeaway

Homes in Hampton Township have sold for 3.3% less than they did a year ago.

Summary: The median home sold price in Hampton Township was $141,000 in November 2024, down 3.3% from last year, and the median price per square foot was $107.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $78K$24.2K
-68.9%
2 $103K$110K
+6.8%
3 $170K$159.9K
-5.9%
4 $169.9K$255K
+50.0%
5+ $255K$219K
-14.1%

Summary: Hampton Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 68.9%, 2 bedroom homes increased by 6.8%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 14.1%.

Median Sold Price Compared To Nearby Cities

East Moline
+10.7%
Hampton Township
-3.3%
Silvis
-6.6%

Housing Supply in Hampton Township, IL

How many homes are available in Hampton Township, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6064+6.7%

Summary: The Hampton Township real estate market had 64 homes for sale in November 2024, a 6.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 12
+100.0%
2 2118
-14.3%
3 2027
+35.0%
4 1513
-13.3%
5+ 34
+33.3%

Summary: The Hampton Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 35%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1511-26.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hampton Township, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in Hampton Township in November 2024, down by 26.7% month-over-month. Of the 11 sold homes, 27% were sold under asking, 18% were sold at asking, and 55% 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

Nov 2023Nov 2024CHANGE
21 Days12 Days-42.1%

Summary: Homes in Hampton Township had an average of 12 days on market in Nov 2024, down by 42.1% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 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 November 2024, 11 homes were sold in Hampton Township; 91% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

Newest Listings in Hampton Township, IL

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What housing markets are near Hampton Township, IL?