Is Hampton Township, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hampton Township is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Hampton Township was a Seller's Market.

Key Takeaway

Hampton Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Hampton Township, NJ

How much do homes in Hampton Township, NJ cost?

Median Sold Price

$385,000

$255/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$55,000(-12.5%)

Key Takeaway

Homes in Hampton Township have sold for 12.5% less than they did a year ago.

Summary: The median home sold price in Hampton Township was $385,000 in October 2024, down 12.5% from last year, and the median price per square foot was $255.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $210K$300K
+42.9%
2 $292.5K$340K
+16.2%
3 $367.5K$373K
+1.5%
4 $563.5K$637.5K
+13.1%
5+ $465K$690K
+48.4%

Summary: Hampton Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 42.9%, 2 bedroom homes increased by 16.2%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 13.1%, and 5+ bedroom homes increased by 48.4%.

Median Sold Price Compared To Nearby Cities

Frankford Township
+26.4%
Stillwater Township
+13.5%
Fredon Township
-1.0%
Lafayette
-4.5%
Hampton Township
-12.5%

Housing Supply in Hampton Township, NJ

How many homes are available in Hampton Township, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4744-6.4%

Summary: The Hampton Township real estate market had 44 homes for sale in October 2024, a 6.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1312
-7.7%
3 1918
-5.3%
4 1110
-9.1%
5+ 33
0.0%

Summary: The Hampton Township 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 7.7%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
135-61.5%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

3 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. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Hampton Township in October 2024, down by 61.5% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.

Days on Market for Hampton Township, NJ

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Hampton Township, NJ

Nearby Markets to Hampton Township, NJ

What housing markets are near Hampton Township, NJ?