Living in Hampton, KY
Hampton, KY, is a quaint small town that offers a relaxed lifestyle with access to outdoor activities and community events. Its proximity to Kentucky Lake provides ample opportunities for fishing and recreational boating. Residents enjoy a close-knit community atmosphere that emphasizes friendly interactions and local businesses.
Current Market Conditions in Hampton, KY
The real estate market in Hampton, KY, has shown stability over the past few years. Prices for homes remain relatively affordable, attracting first-time buyers and retirees looking for a quiet place to settle down. The availability of homes has kept pace with demand, making it an opportune time for those interested in investing in the area.
Recently, there has been an uptick in interest from outside buyers seeking vacation or rental properties, given Hampton's proximity to recreational areas. This trend is contributing to a positive outlook for future property value increases.
Home Value Estimator For Hampton, KY
There are currently 81 real estate properties
in Hampton, KY,
with a median automated valuation model (AVM) price
of $109,311.00. 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, KY, 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, KY,
is $139,774.00, with the most expensive house
in Hampton, KY, topping out
at $683,714.00 and the cheapest home
in Hampton, KY,
clocking in at $17,000.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Hampton, KY!
Rent Prices
In Hampton, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Hampton, KY, is on
a rollercoaster ride. The
average rent price in Hampton, KY,
is $740.00. Indeed, when looking to rent in
Hampton, KY, you can expect to pay as little
as $500.00 or as much
as $1,200.00,
with the average rent median estimated to
be $740.00. The good news is that finding
an affordable and desirable property to rent in Hampton, KY
-- 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.