Is Hampton, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$325,786
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Hampton have sold for 5.1% less than they did a year ago.
Summary: The median home sold price in Hampton was $325,786 in March 2024, down 5.1% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $110K | - | N/A |
| 2 Bedrooms | $179K | $175K | -2.2% |
| 3 Bedrooms | $275K | $265K | -3.6% |
| 4 Bedrooms | $343.4K | $330K | -3.9% |
| 5+ Bedrooms | $430K | $415K | -3.5% |
Summary: Hampton housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.2%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes decreased by 3.5%.
Housing Supply in Hampton, GA
How many homes are available in Hampton, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 291 | 342 | +17.5% |
Summary: The Hampton real estate market had 342 homes for sale in March 2024, a 17.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 9 | 6 | -33.3% |
| 3 Bedrooms | 94 | 107 | +13.8% |
| 4 Bedrooms | 124 | 141 | +13.7% |
| 5+ Bedrooms | 63 | 86 | +36.5% |
Summary: The Hampton housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 13.8%, 4 bedroom homes increased by 13.7%, and 5+ bedroom homes increased by 36.5%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 49 | 54 | +10.2% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hampton, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 54 homes were sold or pending in Hampton in March 2024, up by 10.2% month-over-month. Of the 49 sold homes, 43% were sold under asking, 33% were sold at asking, and 24% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 39 Days | 51 Days | +30.3% |
Summary: Homes in Hampton had an average of 51 days on market in Mar 2024, up by 30.3% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
20 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hampton are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 54 homes were sold in Hampton; 50% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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