Hampton Homes for Sale & Real Estate in Hampton, VA

Updated On: May 19, 2012

Sold Price History in 23605

Homes for Sale in Hampton

Hampton, Virginia Real Estate & Homes for Sale

"From the Sea to the Stars", the city of Hampton, Virginia, welcomes you home! Located in the middle of it all, Hampton is one of the seven major cities that make up the Hampton Roads metropolitan area; the city itself is situated on the southeastern end of the Virginia Peninsula, flanked by the Chesapeake Bay and Hampton Roads. Currently, over 138,000 residents are proud to call this city their home.

As a city surrounded by water, much of the area's economy is dependent upon the city's ports. In fact, the ports at Hampton Roads have been dubbed as the "world's greatest natural harbor", which serves as the rendezvous point for the United States Navy. Many goods are imported and exported through these ports as well. In addition to the economic stability of the area, Hampton's residents take great pride in their community's school district and education system, which is considered one of the best in the region. Higher education is also a high priority for residents and with several colleges located in and around Hampton (including the city's own Hampton University), attaining an undergraduate or post-graduate degree has never been more convenient.

Plenty of parks and recreational sites are available throughout Hampton and Hampton Roads. Two golf courses are at the disposal of residents, while the Chesapeake Bay allows for endless opportunities for residents to go sailing, kayaking, canoeing, fishing and swimming. And let's not forget that Hampton has over 100 additional areas of interest and local attractions that will keep residents and tourists coming back for more, including military museums, art galleries, and even the Virginia Air & Space Center, home of the NASA Langley Research Center. With affordable real estate options, an excellent quality of life and a strong economy and education system, no other community can compare to Hampton, Virginia.

| Hampton, VA City Guide |

Hampton Real Estate Market: Prices of Houses for Sale in Hampton

With an average sales price at approximately $140,000, many future homebuyers will find that the real estate market in Hampton, VA is not only affordable in pricing, but diverse in housing options as well. Whether you're in the market for a single family home in one of Hampton's gated neighborhoods or planned communities, a waterfront property overlooking the bay, an affordably priced townhome or condominium that offers a bevy of community amenities, a golf course home, or just need to be minutes from the Fort Monroe military base, the city of Hampton will have exactly what you need.

Prices for starter homes in Hampton run the gamut of $75,000 to the low $200,000s with prices rising into the mid $700,000s for a home near the bay or golf course. Luxury homes also abound in Hampton with prices ranging from the high $700,000s to over $2 million. Hampton's condo and townhomes market is just as desirable with prices starting from the $80,000s to $400,000. Land parcels are also available for custom development with prices starting as low as $80,000.

Hampton Real Estate Stats and Trends for the week of May 14th, 2012: homes priced around $165,523 compared to $168,675 the previous week, showing a decrease of less than -2%.  For Friday, May 18th, the current national mortgage rate for a 30 year fixed mortgage is 3.73%; the 15 year fixed rate is at 3.03%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.39%, while the 15 year jumbo rate currently is at 3.60%. You can calculate your mortgage rate with our mortgage calculators.  Get local info and homes for sale in Hampton VA. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Hampton to help you find the best home!