Is Hampstead, MD a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Hampstead is a seller's market


Difference Since January 2023

At the same time last year, Hampstead was a Buyer's Market.

Key Takeaway

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

Housing Prices in Hampstead, MD

How much do homes in Hampstead, MD cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since January 2023


Key Takeaway

Homes in Hampstead have sold for 25.2% more than they did a year ago.

Summary: The median home sold price in Hampstead was $380,750 in January 2024, up 25.2% from last year, and the median price per square foot was $202.

Median Sold Price By Bedroom Count

# BEDSJan 2023Jan 2024CHANGE
1 --
2 $209.9K$225K
3 $307.5K$352K
4 $457.5K$480K
5+ $515K$563.5K

Summary: Hampstead housing prices by bedroom type for January 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.2%, 3 bedroom homes increased by 14.5%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 9.4%.

Housing Supply in Hampstead, MD

How many homes are available in Hampstead, MD?

Number of Homes For Sale

Dec 2023Jan 2024CHANGE

Summary: The Hampstead real estate market had 32 homes for sale in January 2024, a 3.2% increase compared to December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 00
2 33
3 1313
4 1314
5+ 22

Summary: The Hampstead housing inventory by bedroom type for January 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Dec 2023Jan 2024CHANGE

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hampstead, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Hampstead in January 2024, down by 14.3% month-over-month. Of the 6 sold homes, 17% were sold under asking, 33% were sold at asking, and 50% were sold over asking.

Days on Market for Hampstead, MD

How long does it take to sell a home in Hampstead, MD?

Average Sale Time

Jan 2023Jan 2024CHANGE
27 Days15 Days-42.0%

Summary: Homes in Hampstead had an average of 15 days on market in Jan 2024, down by 42% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During January 2024, 6 homes were sold in Hampstead; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

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