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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hampton is a neutral's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

Hampton is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Hampton, GA

How much do homes in Hampton, GA cost?

Median Sold Price

$324,881

$147/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$15,720(-4.6%)

Key Takeaway

Homes in Hampton have sold for 4.6% less than they did a year ago.

Summary: The median home sold price in Hampton was $324,881 in May 2024, down 4.6% from last year, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $182K$175K
-3.8%
3 $272K$264K
-2.9%
4 $344K$330K
-4.1%
5+ $405.3K$440.4K
+8.6%

Summary: Hampton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.8%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes increased by 8.6%.

Housing Supply in Hampton, GA

How many homes are available in Hampton, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
343388+13.1%

Summary: The Hampton real estate market had 388 homes for sale in May 2024, a 13.1% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 77
0.0%
3 113127
+12.4%
4 137152
+10.9%
5+ 85101
+18.8%

Summary: The Hampton housing inventory by bedroom type for May 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 12.4%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes increased by 18.8%.

Number of Homes Sold

Apr 2024May 2024CHANGE
6958-15.9%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

23 Homes Were Sold
At Asking

7 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. 43.4% of homes here sold below asking price last month.

Summary: A total of 58 homes were sold or pending in Hampton in May 2024, down by 15.9% month-over-month. Of the 53 sold homes, 43% were sold under asking, 43% were sold at asking, and 13% were sold over asking.

Days on Market for Hampton, GA

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

Average Sale Time

May 2023May 2024CHANGE
33 Days42 Days+27.3%

Summary: Homes in Hampton had an average of 42 days on market in May 2024, up by 27.3% compared to last year.

Breakdown of Home Sale Times

33 Homes Were Sold
Under 30 Days

18 Homes Were Sold
In 30 - 90 Days

7 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 May 2024, 58 homes were sold in Hampton; 57% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 12% 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 12 Days Ago

Newest Listings in Hampton, GA

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