Is Hampton Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hampton Township is a neutral's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

Hampton Township 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 Hampton Township, PA

How much do homes in Hampton Township, PA cost?

Median Sold Price

$370,000

$208/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$18,000(+5.1%)

Key Takeaway

Homes in Hampton Township have sold for 5.1% more than they did a year ago.

Summary: The median home sold price in Hampton Township was $370,000 in February 2024, up 5.1% from last year, and the median price per square foot was $208.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $211.2K$235K
+11.2%
3 $306.5K$294K
-4.1%
4 $485K$490K
+1.0%
5+ $815K$680K
-16.6%

Summary: Hampton Township 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 11.2%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes increased by 1%, and 5+ bedroom homes decreased by 16.6%.

Median Sold Price Compared To Nearby Cities

Hampton Township
+5.1%
Gibsonia
+3.2%
Allison Park
+3.1%
Glenshaw
-2.0%
Indiana Township
-21.0%

Housing Supply in Hampton Township, PA

How many homes are available in Hampton Township, PA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
3240+25.0%

Summary: The Hampton Township real estate market had 40 homes for sale in February 2024, a 25.0% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 1314
+7.7%
4 915
+66.7%
5+ 66
0.0%

Summary: The Hampton Township 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 increased by 25%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

4 Homes Were 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 Hampton Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Hampton Township in February 2024, up by 20.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Hampton Township, PA

How long does it take to sell a home in Hampton Township, PA?

Average Sale Time

Feb 2023Feb 2024CHANGE
62 Days81 Days+29.6%

Summary: Homes in Hampton Township had an average of 81 days on market in Feb 2024, up by 29.6% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 6 homes were sold in Hampton Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 Hampton Township, PA

Nearby Markets to Hampton Township, PA

What housing markets are near Hampton Township, PA?