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Hampton, VA Real Estate


According to census data in the year 2000 there were 57,311 housing units in Hampton. This represents a 6.9% growth from 53,623 in 1990.

Of those housing units, 57,195 were located in either urbanized areas or urban clusters, and 116 were located in what is classified as a rural area.

Homeownership rate in Hampton is about 58.6%. Hampton's vacancy rate, including seasonal lodging, is about 6%. Average household size is 2.49 people.

The majority of houses, apartments or condos in Hampton were built after 1969.

Statistics

Housing Size

Housing Units by Size
Studio Type1.70%
One Bedroom9.60%
Two Bedrooms28.40%
Three Bedrooms41.60%
Four Bedrooms16.40%
Five Bedrooms or more2.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.55
Median year structure was built1966
Median Value of occupied units$91,100
Median Price asked for vacant units$63,700

Rented Homes, Apartments and Condos

Average Household Size2.4
Median year structure was built1973
Median Monthly Rent asked for vacant units$481

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage11%
Home Equity Loan7.10%
Simple Mortgage57.50%
Debt Free24%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs20.4%