Hampton, VA Foreclosures
How much do homes sell for in Hampton, VA?
The average home price is currently $327,303.
What’s the average rental cost in Hampton, VA?
The average rental price in Hampton is $1,443.
What is the most expensive home in Hampton?
The most expensive home sold in Hampton had a price of $71,463,172.
What is currently the cheapest priced home in Hampton, VA?
The cheapest home for sale in Hampton is priced at $10,148.
Living in Hampton, VA
Hampton, VA, is a historic and thriving coastal city known for its beautiful waterfront, rich cultural heritage, and active lifestyle. The city is home to diverse amenities, a variety of educational institutions, and engaging community activities. With easy access to outdoor recreation and a robust economy, Hampton offers something for everyone, making it an attractive place to live.
Current Market Conditions in Hampton, VA
The real estate market in Hampton, VA, has demonstrated resilience in recent months, with steady demand for homes. The average home prices have seen a moderate increase, reflecting both a strong interest from buyers and a limited supply of available properties. The city's appeal due to its rich history and amenities continues to attract new residents, contributing to the overall positive trend in pricing.
Hampton has experienced a noticeable uptick in new construction projects which cater to the growing population. There’s a mix of single-family homes, townhouses, and apartments being developed, providing options for various buyer preferences. Investors have also shown interest in rental properties, confirming the city’s potential for real estate investment.
Home Value Estimator For Hampton, VA
There are currently 51,046 real estate properties
in Hampton, VA,
with a median automated valuation model (AVM) price
of $267,726.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Hampton, VA, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Hampton, VA,
is $327,303.00, with the most expensive house
in Hampton, VA, topping out
at $71,463,172.00 and the cheapest home
in Hampton, VA,
clocking in at $10,148.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Hampton, VA!
Rent Prices
In Hampton, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Hampton, VA, is on
a rollercoaster ride. The
average rent price in Hampton, VA,
is $1,443.00. Indeed, when looking to rent in
Hampton, VA, you can expect to pay as little
as $610.00 or as much
as $4,680.00,
with the average rent median estimated to
be $1,420.00. The good news is that finding
an affordable and desirable property to rent in Hampton, VA
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
