$5,225 Closing Credit*
$440,000
1,260 SqFt
3 Beds
•3 Full Baths
CINTIA M VALLADARES HERNANDEZ, Listing Office: EXP Realty, LLC
Is Hampden, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Hampden was a Neutral Market.
Key Takeaway
Hampden is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hampden, MD
How much do homes in Hampden, MD cost?
Median Sold Price
$331,500
$245/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$6,500(+2.0%)
Key Takeaway
Homes in Hampden have sold for 2% more than they did a year ago.
Summary: The median home sold price in Hampden was $331,500 in October 2024, up 2% from last year, and the median price per square foot was $245.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $295K | N/A |
| 2 Bedrooms | $279.7K | $284.9K | +1.9% |
| 3 Bedrooms | $337.5K | $371.8K | +10.2% |
| 4 Bedrooms | $373.5K | $411K | +10.0% |
| 5+ Bedrooms | $472.5K | $600K | +27.0% |
Summary: Hampden 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 1.9%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 27%.
Housing Supply in Hampden, MD
How many homes are available in Hampden, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 37 | 36 | -2.7% |
Summary: The Hampden real estate market had 36 homes for sale in October 2024, a 2.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 16 | 12 | -25.0% |
| 3 Bedrooms | 17 | 19 | +11.8% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Hampden housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 9 | -40.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hampden, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Hampden in October 2024, down by 40.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 11% were sold at asking, and 56% were sold over asking.
Days on Market for Hampden, MD
How long does it take to sell a home in Hampden, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 10 Days | -65.9% |
Summary: Homes in Hampden had an average of 10 days on market in Oct 2024, down by 65.9% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hampden are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in Hampden; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
