Is Hampshire, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hampshire is a seller's market

Buyer's
Market

Difference Since May 2021

Since last year, Hampshire has remained a Seller's Market.

Key Takeaway

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

How much do homes in Hampshire, IL cost?

Median Sold Price

$255,000

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$5,500(+2.2%)

Key Takeaway

Homes in Hampshire have sold for 2.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 --
N/A
2 $169K$195K
+15.4%
3 $232.2K$245K
+5.5%
4 $312.5K$354.5K
+13.4%
5+ $345K$350K
+1.4%

Median Sold Price Compared To Nearby Cities

Huntley
+19.1%
Pingree Grove
+11.1%
Rutland Township
+10.7%
Hampshire Township
+9.0%
Hampshire
+2.2%

How many homes are available in Hampshire, IL?

Number of Homes For Sale

Apr 2022May 2022%
4543-4.4%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 00
0.0%
2 78
+14.3%
3 2319
-17.4%
4 1415
+7.1%
5+ 11
0.0%

Number of Homes Sold

Apr 2022May 2022%
1019+90.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hampshire, you could pay more than the asking price. 57.9% of homes here sold above asking price last month.

Average Sale Time

May 2021May 2022%
7 Days16 Days+140.6%

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Hampshire, IL

Hampshire, IL has 43 homes for sale to choose from. The inventory of homes for sale in Hampshire, IL between April 2022 and May 2022 decreased by 4.4%. Listings spent 16 days on the market in May 2022, and had a median list price of $255,000 during the same period. Real estate listing prices changed between April 2022 and May 2022: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties prices increased by 15.4%, the cost of 3 bedrooms properties went up by 5.5%, 4 bedrooms properties became 13.4% more expensive, prices of 5 bedrooms properties went up by 1.4%. Housing inventory have changed in this real estate market: volume of 1 bedroom homes stayed the same, 2 bedrooms homes became 14.3% more available, number of 3 bedrooms homes decreased by 17.4%, 4 bedrooms homes inventory increased by 7.1%, volume of 5 bedrooms homes stayed the same. Over 11 listings were sold over their listed price in May 2022 in Hampshire, IL. In the same period over 4 listings were sold below the listed price and 4 listings were sold for the listed price.

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