$4,251 Closing Credit*
$358,000
1,152 SqFt
3 Beds
•2 Full Baths
Darrell Lewis, Listing Office: DIYFLATFEE.COM
Is Hampton, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 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
$250,000
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$89,000(+55.3%)
Key Takeaway
Homes in Hampton have sold for 55.3% more than they did a year ago.
Summary: The median home sold price in Hampton was $250,000 in October 2024, up 55.3% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $180K | $106.2K | -41.0% |
| 2 Bedrooms | $120K | $163K | +35.8% |
| 3 Bedrooms | $185K | $283K | +53.0% |
| 4 Bedrooms | $245K | $288.5K | +17.8% |
| 5+ Bedrooms | $240K | - | N/A |
Summary: Hampton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 41%, 2 bedroom homes increased by 35.8%, 3 bedroom homes increased by 53%, 4 bedroom homes increased by 17.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Hampton | $161K | $250K | +55.3% |
| Butler | $434.5K | $385K | -11.4% |
Housing Supply in Hampton, TN
How many homes are available in Hampton, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 13 | +8.3% |
Summary: The Hampton real estate market had 13 homes for sale in October 2024, a 8.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 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 increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hampton, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Hampton in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% 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 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 60 Days | 83 Days | +37.7% |
Summary: Homes in Hampton had an average of 83 days on market in Oct 2024, up by 37.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Hampton has remained consistent over time.
Summary: During October 2024, 4 homes were sold in Hampton; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.