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 Buyer's 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

$506,000

$258/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$191,000(+60.6%)

Key Takeaway

Homes in New Hampton have sold for 60.6% more than they did a month ago.

Summary: The median home sold price in New Hampton was $506,000 in December 2024, up 60.6% from last month, and the median price per square foot was $258.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $315K-
N/A
3 --
N/A
4 -$506K
N/A
5+ --
N/A

Summary: New Hampton housing prices by bedroom type for December 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in New Hampton, NY

How many homes are available in New Hampton, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
87-12.5%

Summary: The New Hampton real estate market had 7 homes for sale in December 2024, a 12.5% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 20
-100.0%
4 45
+25.0%
5+ 12
+100.0%

Summary: The New Hampton 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 decreased by 100%, 3 bedroom homes decreased by 100%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

0 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. 100% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in New Hampton in December 2024, up by 200.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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

Nov 2024Dec 2024CHANGE
59 Days24 Days-59.3%

Summary: Homes in New Hampton had an average of 24 days on market in Dec 2024, down by 59.3% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in New Hampton are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 3 homes were sold in New Hampton; 67% of homes were sold within 30 days, 33% 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 8 Days Ago

Newest Listings in New Hampton, NY

Nearby Markets to New Hampton, NY

What housing markets are near New Hampton, NY?