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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hamptonburgh is a buyer's market

Buyer's
Market

Difference Since February 2023

At the same time last year, Hamptonburgh was a Seller's Market.

Key Takeaway

Hamptonburgh is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Hamptonburgh, NY

How much do homes in Hamptonburgh, NY cost?

Median Sold Price

$533,750

$232/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$27,500(+5.4%)

Key Takeaway

Homes in Hamptonburgh have sold for 5.4% more than they did a year ago.

Summary: The median home sold price in Hamptonburgh was $533,750 in February 2024, up 5.4% from last year, and the median price per square foot was $232.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $457.5K$497.5K
+8.7%
3 $425K$452.5K
+6.5%
4 $563.7K$645K
+14.4%
5+ $647.5K$544.5K
-15.9%

Summary: Hamptonburgh housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.7%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 14.4%, and 5+ bedroom homes decreased by 15.9%.

Median Sold Price Compared To Nearby Cities

Rock Tavern
+7.3%
Blooming Grove
+6.7%
Hamptonburgh
+5.4%
Campbell Hall
+5.0%
Maybrook
0.0%

Housing Supply in Hamptonburgh, NY

How many homes are available in Hamptonburgh, NY?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
2826-7.1%

Summary: The Hamptonburgh real estate market had 26 homes for sale in February 2024, a 7.1% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 44
0.0%
3 24
+100.0%
4 1412
-14.3%
5+ 86
-25.0%

Summary: The Hamptonburgh housing inventory by bedroom type for February 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 100%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hamptonburgh, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Hamptonburgh in February 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Hamptonburgh, NY

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

Average Sale Time

Feb 2023Feb 2024CHANGE
88 Days91 Days+4.2%

Summary: Homes in Hamptonburgh had an average of 91 days on market in Feb 2024, up by 4.2% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Hamptonburgh are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During February 2024, 3 homes were sold in Hamptonburgh; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% 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 28 Days Ago

Newest Listings in Hamptonburgh, NY

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