Is New Hampton, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing New Hampton is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, New Hampton was a Seller's Market.

Key Takeaway

New Hampton is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in New Hampton, NY

How much do homes in New Hampton, NY cost?

Median Sold Price

$457,500

$331/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

-$7,500(-1.6%)

Key Takeaway

Homes in New Hampton have sold for 1.6% less than they did a month ago.

Summary: The median home sold price in New Hampton was $457,500 in September 2024, down 1.6% from last month, and the median price per square foot was $331.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 --
N/A
3 $465K$457.5K
-1.6%
4 $522.5K-
N/A
5+ $580K-
N/A

Summary: New Hampton housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 1.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Slate Hill
+28.9%
New Hampton
-1.6%

Housing Supply in New Hampton, NY

How many homes are available in New Hampton, NY?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1914-26.3%

Summary: The New Hampton real estate market had 14 homes for sale in September 2024, a 26.3% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 11
0.0%
3 85
-37.5%
4 55
0.0%
5+ 53
-40.0%

Summary: The New Hampton housing inventory by bedroom type for September 2024 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 37.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
72-71.4%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in New Hampton, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in New Hampton in September 2024, down by 71.4% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for New Hampton, NY

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

Average Sale Time

Aug 2024Sep 2024CHANGE
31 Days4 Days-85.7%

Summary: Homes in New Hampton had an average of 4 days on market in Sep 2024, down by 85.7% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 2 homes were sold in New Hampton; 100% 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 8 Days Ago

Newest Listings in New Hampton, NY

Nearby Markets to New Hampton, NY

What housing markets are near New Hampton, NY?