The housing market in Hampton, MD is thriving. The median value of houses in the area is $582,000, which is significantly higher than the US House Median Value of $338,100. In addition, the one year appreciation rate of houses in Hampton, MD is 8.79%, which is slightly above the national average of 8.27%. This increase in value suggests that investing in real estate in this area could yield an excellent return on investment over time. With these factors considered, it's no wonder why more and more people are choosing to invest and relocate to Hampton, MD.
The median home cost in Hampton is $582,000. Home appreciation the last 10 years has been 51.5%. Home Appreciation in Hampton is up 9.1%.
Average Age of Homes
- The median age of Hampton real estate is 55 years old
The Rental Market in Hampton
- Renters make up 3.1% of the Hampton population
- 0.0% of houses and apartments in Hampton, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.