Is Hampton, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Hampton has remained a Seller's Market.
Key Takeaway
Hampton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hampton, GA
How much do homes in Hampton, GA cost?
Median Sold Price
$324,966
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Hampton have sold for 4.3% less than they did a year ago.
Summary: The median home sold price in Hampton was $324,966 in April 2024, down 4.3% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $177K | $175K | -1.1% |
| 3 Bedrooms | $268.7K | $265K | -1.4% |
| 4 Bedrooms | $344K | $329.9K | -4.1% |
| 5+ Bedrooms | $430K | $420K | -2.3% |
Summary: Hampton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.1%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes decreased by 2.3%.
Housing Supply in Hampton, GA
How many homes are available in Hampton, GA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 314 | 354 | +12.7% |
Summary: The Hampton real estate market had 354 homes for sale in April 2024, a 12.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 96 | 110 | +14.6% |
| 4 Bedrooms | 130 | 155 | +19.2% |
| 5+ Bedrooms | 80 | 80 | 0.0% |
Summary: The Hampton housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 19.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 56 | 65 | +16.1% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hampton, you may be able to get a good deal. 49.1% of homes here sold below asking price last month.
Summary: A total of 65 homes were sold or pending in Hampton in April 2024, up by 16.1% month-over-month. Of the 55 sold homes, 49% were sold under asking, 24% were sold at asking, and 27% were sold over asking.
Days on Market for Hampton, GA
How long does it take to sell a home in Hampton, GA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 41 Days | 51 Days | +23.8% |
Summary: Homes in Hampton had an average of 51 days on market in Apr 2024, up by 23.8% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
30 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Hampton has remained consistent over time.
Summary: During April 2024, 65 homes were sold in Hampton; 38% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
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