Is Hampton Township, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hampton Township is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Hampton Township, IL

How much do homes in Hampton Township, IL cost?

Median Sold Price

$155,000

$107/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$27,100(+21.2%)

Key Takeaway

Homes in Hampton Township have sold for 21.2% more than they did a year ago.

Summary: The median home sold price in Hampton Township was $155,000 in April 2024, up 21.2% from last year, and the median price per square foot was $107.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $42K$73K
+73.8%
2 $90K$98K
+8.9%
3 $135K$170K
+25.9%
4 $184K$165K
-10.3%
5+ $305K$255K
-16.4%

Summary: Hampton Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 73.8%, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 25.9%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes decreased by 16.4%.

Median Sold Price Compared To Nearby Cities

Silvis
+27.9%
Hampton Township
+21.2%
East Moline
+14.2%

Housing Supply in Hampton Township, IL

How many homes are available in Hampton Township, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4144+7.3%

Summary: The Hampton Township real estate market had 44 homes for sale in April 2024, a 7.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 914
+55.6%
3 2219
-13.6%
4 55
0.0%
5+ 55
0.0%

Summary: The Hampton Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 55.6%, 3 bedroom homes decreased by 13.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
109-10.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hampton Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Hampton Township in April 2024, down by 10.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 22% were sold at asking, and 11% were sold over asking.

Days on Market for Hampton Township, IL

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

Average Sale Time

Apr 2023Apr 2024CHANGE
34 Days41 Days+17.4%

Summary: Homes in Hampton Township had an average of 41 days on market in Apr 2024, up by 17.4% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 9 homes were sold in Hampton Township; 78% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 22% 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 5 Days Ago

Newest Listings in Hampton Township, IL

Nearby Markets to Hampton Township, IL

What housing markets are near Hampton Township, IL?