BOLD REALTY MARKET REPORT

Hampton, VA

Single-Family Homes

TOM MILAN 757-777-7577



Hampton, VA

Tue Oct 19 2021
This week the median list price for Hampton, VA is $239,999 with the market action index hovering around 55. This is less than last month's market action index of 56. Inventory has decreased to 257. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Hampton, VA

Tue Oct 19 2021
This week the median list price for Hampton, VA is $239,999 with the market action index hovering around 55. This is less than last month's market action index of 56. Inventory has decreased to 257. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Hampton market.
Median List Price $239,999
Median Price of New Listings $232,500
Per Square Foot $153
Average Days on Market 45
Median Days on Market 28
Price Decreased 29%
Price Increased 7%
Relisted 12%
Inventory 257
Median Rent $2,150
Market Action 55
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
$364,999 2,550 0.25 - 0.5 acre 4 3 36 13 11 21
$265,000 1,725 8,000 - 10,000 sqft 3 2 59 9 10 24
$215,000 1,398 6,500 - 8,000 sqft 3 2 65 14 12 35
$164,900 1,008 6,500 - 8,000 sqft 3 1 66 14 10 28