Is New Hampton, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing New Hampton is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, New Hampton was a Neutral Market.

Key Takeaway

New Hampton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in New Hampton, NY

How much do homes in New Hampton, NY cost?

Median Sold Price

$520,000

$188/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$62,500(+13.7%)

Key Takeaway

Homes in New Hampton have sold for 13.7% more than they did a month ago.

Summary: The median home sold price in New Hampton was $520,000 in October 2024, up 13.7% from last month, and the median price per square foot was $188.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $457.5K$390K
-14.8%
4 -$520K
N/A
5+ -$610K
N/A

Summary: New Hampton housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 14.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

New Hampton
+13.7%
Slate Hill
-68.1%

Housing Supply in New Hampton, NY

How many homes are available in New Hampton, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
14140.0%

Summary: The New Hampton real estate market had 14 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 43
-25.0%
4 67
+16.7%
5+ 33
0.0%

Summary: The New Hampton 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 remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in New Hampton, 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 New Hampton in October 2024, up by 150.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.

Days on Market for New Hampton, NY

How long does it take to sell a home in New Hampton, NY?

Average Sale Time

Sep 2024Oct 2024CHANGE
4 Days39 Days+775.6%

Summary: Homes in New Hampton had an average of 39 days on market in Oct 2024, up by 775.6% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in New Hampton has remained consistent over time.

Summary: During October 2024, 5 homes were sold in New Hampton; 20% of homes were sold within 30 days, 80% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 21 Days Ago

Newest Listings in New Hampton, NY

Nearby Markets to New Hampton, NY

What housing markets are near New Hampton, NY?