Is Hampton, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Hampton was a Buyer's Market.
Key Takeaway
Hampton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hampton, NJ
How much do homes in Hampton, NJ cost?
Median Sold Price
$520,000
$261/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Hampton have sold for 7.2% more than they did a year ago.
Summary: The median home sold price in Hampton was $520,000 in April 2024, up 7.2% from last year, and the median price per square foot was $261.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $220K | $345K | +56.8% |
| 3 Bedrooms | $375K | $450K | +20.0% |
| 4 Bedrooms | $615K | $638.7K | +3.9% |
| 5+ Bedrooms | $549K | $615K | +12.0% |
Summary: Hampton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 56.8%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 12%.
Median Sold Price Compared To Nearby Cities
| Glen Gardner | $280K | $405K | +44.6% |
| Washington Township | $336.2K | $375K | +11.5% |
| Hampton | $485K | $520K | +7.2% |
| Asbury | $493.5K | $515.1K | +4.4% |
| Bethlehem Township | $549.5K | $559K | +1.7% |
Housing Supply in Hampton, NJ
How many homes are available in Hampton, NJ?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 17 | +30.8% |
Summary: The Hampton real estate market had 17 homes for sale in April 2024, a 30.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 6 | 8 | +33.3% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Hampton housing inventory by bedroom type for April 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 33.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 0 | 3 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Hampton, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Hampton in April 2024, up by 100.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Hampton, NJ
How long does it take to sell a home in Hampton, NJ?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 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 April 2024, 3 homes were sold in Hampton; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
