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Hampton City, VA housing market

Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$279,270+2.5% YoY · prices are rising
Market right nowBuyer's marketMore homes for sale than last year, 28% have cut their price
Income needed to buy, per year$60,540About 0.9× the local median income ($68,468): affordable for a typical household
Days on market44 daysAbout the same pace as a year ago
Next 12 months+2.3%Zillow expects prices to rise slightly

The typical home in Hampton City, VA is worth $279,270, up 2.5% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $270,421, so the area is 3.3% overvalued. It is a buyer's market: homes take about 44 days to sell, listings are up 16% from a year ago, 28% of listings have had a price cut. Zillow expects prices to rise about 2.3% over the next year. A household needs about $60,540 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $68,468. Typical rent is $1,691 a month, or $2,067 for a house. In the latest IRS figures, 421 more people moved out than in.

Home value over time

$0K$50K$100K$150K$200K$250K19801990200020102020
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.

Prices and affordability

Typical home value$279,270
Change in 1 year+2.5%
Overvalued %+3.3%
Show 7 more
Fair home value$270,421
Change in 5 years+28.1%
Zillow forecast, next 12 months+2.3%
Home value to income4.1×
Monthly mortgage payment (20% down)$1,513
Income needed to afford it$60,540
Property tax rate0.95%

Rent and investing

Typical rent$1,691
Typical rent for houses$2,067
Price-to-rent ratio13.8×
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HUD Fair Market Rent, 2 bedrooms$1,667
Gross rental yield7.27%
Cap rate (estimate)4.72%

Market activity

Listings vs a year ago+16.3%
Days on market44
Listings with a price cut28.5%
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Homes for sale399
Pending sales per 100 listings3
Asking price per sq ft$197

People and jobs

Median household income$68,468
Population change (1 year)−0.1%
Unemployment rate6.3%
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Population137,315
Income adjusted for cost of living$69,937
Net moves in (IRS)−421
Cost of living (US = 100)97.9

Schools, risk and environment

School rating (1 to 10)4.5
FEMA hazard risk score (0 to 100)61.7
Unhealthy air days a year1
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Flood risk score80.4
Wildfire risk score24.3
Walkability (1 to 20)11.4
Road, rail and air noise54 dB

Questions people ask

Is Hampton City, VA overvalued?
Home prices in Hampton City, VA are slightly above what local incomes have historically supported: fair value is about $270,421, so the area is 3.3% overvalued.
Is Hampton City, VA a buyer's or seller's market?
Hampton City, VA is a buyer's market: homes take about 44 days to sell, listings are up 16% from a year ago, 28% of listings have had a price cut.
Are home prices going down in Hampton City, VA?
Home values in Hampton City, VA are up 2.5% over the last year. Zillow's forecast for the next 12 months is +2.3%.
How much do you need to earn to buy a home in Hampton City, VA?
A household needs about $60,540 a year to afford the typical home in Hampton City, VA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $68,468.

Nearby and similar counties

ZIP codes in Hampton City (open on the map)

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