The housing market in Hampton, VA (23664) is currently very strong. The median value of a home here is $266,000, which is much lower than the US median value of $338,100. This makes purchasing a home in the area very affordable for many buyers. Additionally, the one year house appreciation rate in Hampton is 12.39%, which is higher than the national average of 8.27%. This means that purchasing a home in this area could be a great investment as it will likely increase in value over time.
The median home cost in Hampton (zip 23664) is $266,000. Home appreciation the last 10 years has been 50.6%. Home Appreciation in Hampton (zip 23664) is up 16.3%.
Average Age of Homes
- The median age of Hampton (zip 23664) real estate is 41 years old
The Rental Market in Hampton (zip 23664)
- Renters make up 26.3% of the Hampton (zip 23664) population
- 4.2% of houses and apartments in Hampton (zip 23664), 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.