Foreclosure Homes in Hampton, VA 23666

Current Market Conditions in Hampton, VA

Hampton's real estate market is currently experiencing a steady demand, with a balanced supply of homes. The city is known for its affordable pricing compared to other coastal cities in Virginia, making it an appealing destination for first-time homebuyers and investors alike.

There is a growing interest in the area with new developments and renovations, contributing to an upward trend in property values. This continues to attract a mix of military families, professionals, and retirees looking for a vibrant community.

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.