Altos Market Data for Realtors

Hampstead, MD

Single-Family Homes

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Hampstead, MD

Thu Mar 28 2024
This week the median list price for Hampstead, MD is $429,000 with the market action index hovering around 48. This is less than last month's market action index of 52. Inventory has increased to 7. Click here to stay informed with the Hampstead market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Hampstead, MD

Thu Mar 28 2024
This week the median list price for Hampstead, MD is $429,000 with the market action index hovering around 48. This is less than last month's market action index of 52. Inventory has increased to 7. Click here to stay informed with the Hampstead market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Hampstead market.
Median List Price $429,000
Median Price of New Listings $0
Per Square Foot $188
Average Days on Market 19
Median Days on Market 21
Price Decreased 29%
Price Increased 14%
Relisted 0%
Inventory 7
Median Rent
Market Action 48
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$689,000 3,600 1 - 2.5 acres 4 3.5 26 0 0 21
$462,450 2,381 0.25 - 0.5 acre 4 2.5 29 0 0 0
$414,000 2,267 0.5 - 1 acre 3 2 104 0 0 17
$297,950 2,083 8,000 - 10,000 sqft 3 2.3 63 0 0 38