Hampton, VA

Population: 136,699
Average annual home appreciation rate: 6.86%
Total of homes for sale in this market: 950
Median home price: $195,524
Median Rent: $1,120 per room
Home price range: 42.69% of homes are between $100,001 – $200,000
Median sales price: NO DATA
Number of homes: 180
Median foreclosure sales price: NO DATA
Foreclosure discount: NO DATA
Most common home type: 65.57% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 12.11%
Number of renters: 41.86%
Number of owner occupied: 58.14%
Number people living below poverty level: 14.86%
Unemployment rate: 6.50%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Hampton area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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