BOLD REALTY MARKET REPORT

Hampton, VA

Single-Family Homes

TOM MILAN 757-777-7577



Hampton, VA

Thu Jan 21 2021
This week the median list price for Hampton, VA is $219,000 with the market action index hovering around 50. This is less than last month's market action index of 51. Inventory has held steady at or around 231. Click here to stay informed with the Hampton market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Hampton, VA

Thu Jan 21 2021
This week the median list price for Hampton, VA is $219,000 with the market action index hovering around 50. This is less than last month's market action index of 51. Inventory has held steady at or around 231. Click here to stay informed with the Hampton market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Hampton market.
Median List Price $219,000
Per Square Foot $135
Days on Market 70
Price Decreased 23%
Price Increased 5%
Relisted 7%
Inventory 231
Median Rent $1,200
Most Expensive $934,900
Least Expensive $65,000
Market Action 50
Strong Seller's Market

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$350,000 2,592 0.25 - 0.5 acre 4 3 34 7 6 111
$240,000 1,761 8,000 - 10,000 sqft 3 2 49 9 9 53
$199,900 1,411 8,000 - 10,000 sqft 3 2 62 11 11 45
$130,000 1,057 6,500 - 8,000 sqft 3 1 67 8 12 69