Is Hamptonburgh, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hamptonburgh is a seller's market

Buyer's
Market

Difference Since August 2022

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

Key Takeaway

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

Housing Prices

How much do homes in Hamptonburgh, NY cost?

Median Sold Price

$523,750

$222/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2022

+$63,750(+13.9%)

Key Takeaway

Homes in Hamptonburgh have sold for 13.9% more than they did a year ago.

Summary: The median home sold price in Hamptonburgh was $523,750 in August 2023, up 13.9% from last year, and the median price per square foot was $222.

Median Sold Price By Bedroom Count

# BEDSAug 2022Aug 2023CHANGE
1 --
N/A
2 $435K$487.5K
+12.1%
3 $430K$460K
+7.0%
4 $550K$605K
+10.0%
5+ $615K$633.7K
+3.0%

Summary: Hamptonburgh housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.1%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 3%.

Median Sold Price Compared To Nearby Cities

Hamptonburgh
+13.9%
Campbell Hall
+12.5%
Maybrook
+10.5%
Blooming Grove
+9.8%
Rock Tavern
-2.4%

Housing Supply

How many homes are available in Hamptonburgh, NY?

Number of Homes For Sale

Jul 2023Aug 2023CHANGE
3637+2.8%

Summary: The Hamptonburgh real estate market had 37 homes for sale in August 2023, a 2.8% increase compared to July 2023.

Homes For Sale By Bedroom Count

# BEDSJul 2023Aug 2023CHANGE
1 00
0.0%
2 44
0.0%
3 84
-50.0%
4 1923
+21.1%
5+ 56
+20.0%

Summary: The Hamptonburgh housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 21.1%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Jul 2023Aug 2023CHANGE
48+100.0%

Asking Price vs. Sold Price

5 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 Hamptonburgh, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Hamptonburgh in August 2023, up by 100.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.

Days on Market

How long does it take to sell a home in Hamptonburgh, NY?

Average Sale Time

Aug 2022Aug 2023CHANGE
46 Days78 Days+68.8%

Summary: Homes in Hamptonburgh had an average of 78 days on market in Aug 2023, up by 68.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Hamptonburgh has remained consistent over time.

Summary: During August 2023, 8 homes were sold in Hamptonburgh; 13% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 13% 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 25 Days Ago

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Nearby Markets

What housing markets are near Hamptonburgh, NY?