Is Hampton, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hampton is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Hampton has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Hampton, TN

How much do homes in Hampton, TN cost?

Median Sold Price

$258,950

$180/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$29,450(-10.2%)

Key Takeaway

Homes in Hampton have sold for 10.2% less than they did a month ago.

Summary: The median home sold price in Hampton was $258,950 in November 2024, down 10.2% from last month, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $365K$83K
-77.3%
3 $248.4K$434.9K
+75.0%
4 $239.9K-
N/A
5+ --
N/A

Summary: Hampton housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 77.3%, 3 bedroom homes increased by 75%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Hampton, TN

How many homes are available in Hampton, TN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
10100.0%

Summary: The Hampton real estate market had 10 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 33
0.0%
3 55
0.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Hampton 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hampton, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Hampton in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Hampton, TN

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

Average Sale Time

Oct 2024Nov 2024CHANGE
83 Days56 Days-33.1%

Summary: Homes in Hampton had an average of 56 days on market in Nov 2024, down by 33.1% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 Hampton are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Hampton; 50% of homes were sold within 30 days, 50% 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 23 Days Ago

Newest Listings in Hampton, TN

Nearby Markets to Hampton, TN

What housing markets are near Hampton, TN?