$2,849 Closing Credit*
$239,900
1,200 SqFt
2 Beds
•2 Full Baths
Michael J Schiff, Listing Office: EXP Realty, LLC
Is Hampstead, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Hampstead has remained a Seller's Market.
Key Takeaway
Hampstead is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hampstead, MD
How much do homes in Hampstead, MD cost?
Median Sold Price
$404,000
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$22,500(+5.9%)
Key Takeaway
Homes in Hampstead have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in Hampstead was $404,000 in December 2024, up 5.9% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $225K | $245K | +8.9% |
| 3 Bedrooms | $357.9K | $380K | +6.2% |
| 4 Bedrooms | $500K | $535.5K | +7.1% |
| 5+ Bedrooms | $563.5K | $680K | +20.7% |
Summary: Hampstead housing prices by bedroom type for December 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 increased by 6.2%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 20.7%.
Median Sold Price Compared To Nearby Cities
| Upperco | $427K | $595K | +39.3% |
| Hampstead | $381.5K | $404K | +5.9% |
Housing Supply in Hampstead, MD
How many homes are available in Hampstead, MD?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 35 | 30 | -14.3% |
Summary: The Hampstead real estate market had 30 homes for sale in December 2024, a 14.3% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 16 | 13 | -18.8% |
| 4 Bedrooms | 12 | 8 | -33.3% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Hampstead housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 18.8%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 14 | 10 | -28.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hampstead, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Hampstead in December 2024, down by 28.6% month-over-month. Of the 10 sold homes, 30% were sold under asking, 20% were sold at asking, and 50% were sold over asking.
Days on Market for Hampstead, MD
How long does it take to sell a home in Hampstead, MD?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 25 Days | 20 Days | -21.1% |
Summary: Homes in Hampstead had an average of 20 days on market in Dec 2024, down by 21.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hampstead are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 10 homes were sold in Hampstead; 70% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
