Is New Hampton, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, New Hampton was a Buyer's Market.
Housing Prices in New Hampton, NY
How much do homes in New Hampton, NY cost?
Median Sold Price
$348,500
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in New Hampton was $348,500 in February 2024, down 20.5% from last year, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $245K | $232.5K | -5.1% |
3 Bedrooms | $360K | $313K | -13.1% |
4 Bedrooms | $440K | $564K | +28.2% |
5+ Bedrooms | $487.5K | - | N/A |
Summary: New Hampton 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 decreased by 5.1%, 3 bedroom homes decreased by 13.1%, 4 bedroom homes increased by 28.2%, and 5+ bedroom homes did not change.
Housing Supply in New Hampton, NY
How many homes are available in New Hampton, NY?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
6 | 8 | +33.3% |
Summary: The New Hampton real estate market had 8 homes for sale in February 2024, a 33.3% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 1 | 2 | +100.0% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The New Hampton 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 increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
0 | 3 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in New Hampton in February 2024, up by 100.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
226 Days | 65 Days | -71.2% |
Summary: Homes in New Hampton had an average of 65 days on market in Feb 2024, down by 71.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 3 homes were sold in New Hampton; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.