$2,791 Closing Credit*
$235,000
1,200 SqFt
3 Beds
•1 Full Bath
Joanie Hynes, 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 November 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 November 2023
+$23,250(+6.1%)
Key Takeaway
Homes in Hampstead have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in Hampstead was $404,000 in November 2024, up 6.1% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $225K | $259.9K | +15.5% |
| 3 Bedrooms | $354.9K | $375K | +5.7% |
| 4 Bedrooms | $500K | $531K | +6.2% |
| 5+ Bedrooms | $552K | $667.5K | +20.9% |
Summary: Hampstead housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.5%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 20.9%.
Median Sold Price Compared To Nearby Cities
| Upperco | $427K | $571.8K | +33.9% |
| Hampstead | $380.7K | $404K | +6.1% |
Housing Supply in Hampstead, MD
How many homes are available in Hampstead, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 41 | 36 | -12.2% |
Summary: The Hampstead real estate market had 36 homes for sale in November 2024, a 12.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 7 | +75.0% |
| 3 Bedrooms | 22 | 16 | -27.3% |
| 4 Bedrooms | 13 | 12 | -7.7% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Hampstead housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 75%, 3 bedroom homes decreased by 27.3%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 13 | -13.3% |
Asking Price vs. Sold Price
6 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 may be able to get a good deal. 46.2% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Hampstead in November 2024, down by 13.3% month-over-month. Of the 13 sold homes, 46% were sold under asking, 15% were sold at asking, and 38% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 27 Days | 17 Days | -36.6% |
Summary: Homes in Hampstead had an average of 17 days on market in Nov 2024, down by 36.6% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
4 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 November 2024, 13 homes were sold in Hampstead; 69% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
