The housing in 55031 Hampton, MN has a median value of $397,000. This is significantly higher than the US house median value of $338,100. Despite this, the 1 year appreciation rate in Hampton is slightly lower than the national average at 6.66%, compared to 8.27% nationally. This still indicates that housing values are increasing in Hampton at a steady and positive rate.
The median home cost in Hampton (zip 55031) is $397,000. Home appreciation the last 10 years has been 94.0%. Home Appreciation in Hampton (zip 55031) is up 12.2%.
Average Age of Homes
- The median age of Hampton (zip 55031) real estate is 27 years old
The Rental Market in Hampton (zip 55031)
- Renters make up 14.7% of the Hampton (zip 55031) population
- 1.7% of houses and apartments in Hampton (zip 55031), 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.