Living in Hampton, IL
Hampton, IL, is a cozy village offering a peaceful lifestyle near beautiful natural landscapes. The area is family-friendly with good schools, parks, and convenient access to urban centers. With a strong community spirit and various outdoor activities, it's an ideal place for both families and investors looking for properties in a welcoming environment.
Current Market Conditions in Hampton, IL
The real estate market in Hampton, IL, has shown steady growth, attracting investors seeking properties that offer not only good rental income potential but also long-term appreciation. The demand for homes remains consistent, driven by the area's attractive lifestyle and community-focused environment.
Recent trends indicate a rise in home renovations and investments in residential properties, suggesting a revitalization of the local housing market. Price points are still relatively affordable compared to neighboring cities, making it an appealing option for first-time homebuyers and investors alike.
Home Value Estimator For Hampton, IL
There are currently 866 real estate properties
in Hampton, IL,
with a median automated valuation model (AVM) price
of $186,377.00. 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, IL, 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, IL,
is $211,942.00, with the most expensive house
in Hampton, IL, topping out
at $699,600.00 and the cheapest home
in Hampton, IL,
clocking in at $25,380.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Hampton, IL!
Rent Prices
In Hampton, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Hampton, IL, is on
a rollercoaster ride. The
average rent price in Hampton, IL,
is $1,360.00. Indeed, when looking to rent in
Hampton, IL, you can expect to pay as little
as $610.00 or as much
as $2,600.00,
with the average rent median estimated to
be $1,260.00. The good news is that finding
an affordable and desirable property to rent in Hampton, IL
-- 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.
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