Is Hampton, MN 55031 a buyer’s or seller’s market?
Hampton is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Hampton housing market right now
In the three months ending August 31, 2026, 0% of homes in Hampton, MN 55031 sold above their list price, the typical home went under contract in 24 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 40%, homes sold more slowly (20 days then) and the median sale price rose 45% to $607,237. Overall, Hampton is less competitive than a year ago, which gives buyers more room.
Within Dakota County, homes here sell faster than in 50% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Saint Paul 55120 (55% sold over asking) and South Saint Paul 55075 (51% sold over asking) are even more competitive.
Run the numbers for 55031
Nearby markets
Burnsville 55306Seller’s market $187 /sq ftBurnsville 55337Seller’s market $180 /sq ftFarmington 55024Seller’s market $192 /sq ftHastings 55033Seller’s market $187 /sq ft Browse all markets →Towns like Hampton nearby
Find towns like Hampton in other states →Where Hampton is
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Questions about Hampton real estate
Is Hampton a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Hampton, MN 55031 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Hampton?
The typical home went under contract in 24 days in the latest three months.
Do homes in Hampton sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.3% of the list price.
What are property taxes in Hampton?
About 0.98% of a home’s value a year in Dakota County, or roughly $3,920 on a $400,000 home.
What is the median home price in Hampton?
The median sale price was $607,237 in the three months ending August 31, 2026, about $192 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology