Hampton, VA Home Values & Market Trends
Real estate market trends reflect that there have been 2,413 transactions over the past year in Hampton. The median value for residential home transactions that occurred over the previous year is $248,090.65. The number of current listings in Hampton is 131, and the percentage of properties for sale in the city is 131.00%. Hampton, VA currently has 47 properties in foreclosure, 17 bank owned properties, 30 properties headed for auction, and 131 properties for sale.
Hampton, VA Real Estate Market Overview
Zip | Median Est. Value | Zip | Median Est. Value |
---|---|---|---|
23669 | $ 295,467 $ 164/sqft | 23664 | $ 302,827 $ 179/sqft |
23669 | $ 295,467 $ 164/sqft | 23664 | $ 302,827 $ 179/sqft |
23666 | $ 299,949 $ 180/sqft | 23665 | $ -- $ -- |
23666 | $ 299,949 $ 180/sqft | 23630 | $ -- $ -- |
23663 | $ 207,500 $ 172/sqft | 23667 | $ -- $ -- |
23663 | $ 207,500 $ 172/sqft | 23665 | $ -- $ -- |
23661 | $ 272,735 $ 154/sqft | 23630 | $ -- $ -- |
23661 | $ 272,735 $ 154/sqft | 23667 | $ -- $ -- |
Housing Market Summary for Hampton, VA
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $284.9K | $254.4K | -10.70% |
Median Sold Price | $240K | $254.4K | 5.99% |
Homes For Sale | 115 | 144 | 25.22% |
Homes Sold | 813 | 1,253 | 54.12% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Hampton, VA
Browse Homes in Hampton, VA
Hampton home values range from $24,082 to $3,341,082. The median estimated value of a home in Hampton is $248,090.65. The median list price of a home is 285,000, and the total count of properties in the city is 43,932.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Hampton, VA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 16 zips within Hampton, VA; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Hampton, VA ranges from the highest value of $402,527 in 23661 to the lowest value of $113,207 in 23666. Bank owned homes and properties account for 0.04% of properties in Hampton, VA. There are 16 zips within Hampton, VA; 23666 containing 6 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions23666 has 9 auction properties, the highest number of properties going to auction in a single zip in the state of Hampton, VA. Auction homes and other auction properties account for 0.07% of all properties in Hampton, VA. There are 16 zips within Hampton, VA; of those zips, the median estimated home value for homes going to auction ranges from $445,000 in 23664 to the lowest value of $125,811 in 23664.
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Guide for Hampton, VA
The Chesapeake real estate market has seen steady growth in property values, increasing by 7% over 11 months.
The property market in Virginia Beach, VA, has generally seen an increase in property values, per square foot values, and sold prices from 2022 to 2023. Factors such as economic growth and societal changes may contribute to this upward trend.
Virginia Foreclosure Laws
Learn how to secure a house mortgage even with a low credit score.