Is Hampshire, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hampshire is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, Hampshire has remained a Neutral Market.

Key Takeaway

Hampshire 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 Hampshire, TN

How much do homes in Hampshire, TN cost?

Median Sold Price

$350,000

$307/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$230,000(-39.7%)

Key Takeaway

Homes in Hampshire have sold for 39.7% less than they did a month ago.

Summary: The median home sold price in Hampshire was $350,000 in May 2024, down 39.7% from last month, and the median price per square foot was $307.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 -$350K
N/A
3 $580K-
N/A
4 --
N/A
5+ --
N/A

Summary: Hampshire housing prices by bedroom type for May 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Hampshire, TN

How many homes are available in Hampshire, TN?

Number of Homes For Sale

Apr 2024May 2024CHANGE
770.0%

Summary: The Hampshire real estate market had 7 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 22
0.0%
3 33
0.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Hampshire housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hampshire, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Hampshire in May 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Hampshire, TN

How long does it take to sell a home in Hampshire, TN?

Average Sale Time

Apr 2024May 2024CHANGE
2 Days22 Days+1000.0%

Summary: Homes in Hampshire had an average of 22 days on market in May 2024, up by 1000% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 Hampshire are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 1 homes were sold in Hampshire; 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 1 Day Ago

Newest Listings in Hampshire, TN

Nearby Markets to Hampshire, TN

What housing markets are near Hampshire, TN?