The housing market in Hampton, IL is thriving. According to the data, the median value of a house in Hampton is $153,700, which is significantly lower than the US median value of $338,100. In the past year, the US median appreciation rate was 8.27%, while Hampton's appreciation rate was 6.99%. This indicates that although house prices in Hampton are still relatively low compared to national averages, they have grown steadily over the past year and are likely to continue to do so in the future.
The median home cost in Hampton is $153,700. Home appreciation the last 10 years has been 34.4%. Home Appreciation in Hampton is up 8.3%.
Average Age of Homes
- The median age of Hampton real estate is 44 years old
The Rental Market in Hampton
- Renters make up 14.3% of the Hampton population
- 0.9% 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.