Hampton, VA Foreclosures
How much do homes sell for in Hampton, VA?
The average home price is currently $329,420.
In Hampton, VA, how many homes are available?
There are currently 6 active home listings available in Hampton.
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 $71,227,064.
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 city that blends coastal living with urban amenities. This vibrant community is ideal for families, offering diverse housing options, excellent schools, and numerous recreational activities. Residents enjoy easy access to waterfront parks, cultural attractions, and a friendly neighborhood atmosphere.
Current Market Conditions in Hampton, VA
The current real estate market in Hampton remains competitive, with a strong demand for homes reflecting steady growth. Property values have shown a moderate increase over the last year, driven by new residents attracted to the area's amenities and schools. Despite rising interest rates, buyers are still eager to invest in this historic location, which promotes a mix of both new builds and charming older homes.
Hampton's market is characterized by a diverse housing stock, appealing to various buyers, including first-time homeowners and retirees seeking to downsize. As inventory remains lower than demand, homes are seeing quicker sales, sometimes with multiple offers. The appeal of Hampton's lifestyle and community has kept the momentum going.
Home Value Estimator For Hampton, VA
There are currently 51,217 real estate properties
in Hampton, VA,
with a median automated valuation model (AVM) price
of $268,856.00. 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 $329,420.00, with the most expensive house
in Hampton, VA, topping out
at $71,227,064.00 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
