$5,047 Closing Credit*
$425,000
1,829 SqFt
3 Beds
•2 Full Baths
#100478638, Listing Office: RE/MAX Essential
Is Hampstead, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Hampstead was a Seller's Market.
Key Takeaway
Hampstead is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Hampstead, NC
How much do homes in Hampstead, NC cost?
Median Sold Price
$549,900
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$54,900(+11.1%)
Key Takeaway
Homes in Hampstead have sold for 11.1% more than they did a year ago.
Summary: The median home sold price in Hampstead was $549,900 in November 2024, up 11.1% from last year, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $328.7K | N/A |
| 3 Bedrooms | $429.9K | $453.5K | +5.5% |
| 4 Bedrooms | $568K | $600K | +5.6% |
| 5+ Bedrooms | $600K | $622K | +3.7% |
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 did not change, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 3.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Hampstead | $495K | $549.9K | +11.1% |
| Porters Neck | $651.5K | $685K | +5.1% |
Housing Supply in Hampstead, NC
How many homes are available in Hampstead, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 71 | 78 | +9.9% |
Summary: The Hampstead real estate market had 78 homes for sale in November 2024, a 9.9% increase 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 20 | 22 | +10.0% |
| 4 Bedrooms | 39 | 44 | +12.8% |
| 5+ Bedrooms | 11 | 11 | 0.0% |
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 remained the same, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 13 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 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, the same as the previous month. Of the 13 sold homes, 46% were sold under asking, 31% were sold at asking, and 23% were sold over asking.
Days on Market for Hampstead, NC
How long does it take to sell a home in Hampstead, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 52 Days | 44 Days | -14.7% |
Summary: Homes in Hampstead had an average of 44 days on market in Nov 2024, down by 14.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 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; 46% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
