Hampton Real Estate Market Report: July 2024
In July 2024, the median sale price in Hampton was $363,000, down 48.1% from a year earlier.
- Median Sales Price
- $363,000
- -48.1% vs. July 2023
- Homes for Sale
- 8
- +0% vs. July 2023
- Months Supply
- 4.4
- +4.8% vs. July 2023
- Balanced market
- Days on Market
- 79
- +41.1% vs. July 2023
- Closed Sales
- 1
- +0% vs. July 2023
- Percent of Original List Received
- 99.2%
- +11.7 pts vs. July 2023
What this means
The median sale price has decreased by 48% from last year to $363,000, and a similar trend in price per square foot suggests this is a real move in values rather than a change in the mix of homes selling.
Homes are selling 23 days longer than last year, averaging 79 days on market, and sellers are receiving 99.2% of their original asking price.
The area is currently a balanced market with 4.4 months of supply. Active inventory is holding steady at 8 homes for sale.
In a balanced market, neither side has a steep advantage, making careful pricing for sellers and steady negotiation for buyers the key to success.
Common questions about the Hampton market
Is Hampton a buyer's or seller's market?
Hampton was a balanced market in July 2024, with 4.4 months of supply. Under about 3 months generally favors sellers, 3 to 6 months is considered balanced, and over 6 months favors buyers. There were 8 homes for sale.
How fast are homes selling in Hampton?
Homes that sold in July 2024 spent an average of 79 days on market, 23 days slower than a year earlier. Sellers received 99.2% of their original list price on average.
Are home prices going up in Hampton?
No. The median sale price fell 48.1% year over year to $363,000. Price per square foot moved in the same direction (from $248 to $161), which suggests a real change in values rather than a shift in the mix of homes sold.
Market trends in Hampton
| Month | Median sale price | Closed sales | Days on market | Months supply |
|---|---|---|---|---|
| July 2023 | $700,000 | 1 | 56 | 4.2 |
| September 2023 | $637,500 | 2 | 14 | 5.3 |
| October 2023 | $325,250 | 4 | 27 | 5.3 |
| November 2023 | $625,000 | 1 | 47 | 6 |
| March 2024 | $355,000 | 1 | 7 | 6 |
| May 2024 | $370,000 | 1 | 54 | 4 |
| June 2024 | $380,750 | 2 | 11 | 4.7 |
| July 2024 | $363,000 | 1 | 79 | 4.4 |
More to explore
Data: NorthstarMLS Local Market Update via 10K Research, published September 4, 2026.
Report published .
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