Hampton, AR
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Hampton, AR Real Estate Data


Hampton Housing Market Information

With 1,281 people, 620 houses or apartments, and a median cost of homes of $70,944, house prices in Hampton are solidly below the national average.

Single-family detached homes are the single most common housing type in Hampton, accounting for 75.99% of the city's housing units. Other types of housing that are prevalent in Hampton include mobile homes or trailers ( 15.83%), row houses and other attached homes ( 3.14%), and a few large apartment complexes or high rise apartments ( 2.86%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Hampton. Owner-occupied housing accounts for 66.92% of Hampton's homes, and 62.76% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Hampton built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Hampton built between 1940-1969 ( 31.65%). A lesser amount of the housing stock also hails from between 2000 and later ( 8.19%). There's also some housing in Hampton built before 1939 ( 7.64%).

Vacant housing appears to be an issue in Hampton. Fully 15.42% of the housing stock is classified as vacant. Left unchecked, vacant Hampton homes and apartments can be a drag on the real estate market, holding Hampton real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Hampton Home Appreciation Rates

In the last 10 years, Hampton has experienced some of the highest home appreciation rates of any community in the nation. Hampton real estate appreciated 24.83% over the last ten years, which is an average annual home appreciation rate of 2.24%, putting Hampton in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Hampton definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Hampton's appreciation rate, at 3.83%, has been at or slightly above the national average. In the latest quarter, Hampton's appreciation rate has been 0.93%, which annualizes to a rate of 3.77%.

Relative to Arkansas, our data show that Hampton's latest annual appreciation rate is higher than 70% of the other cities and towns in Arkansas.

Average Home Values

 

Median Home Value:
$70,944

Hampton, AR HOME PRICES

Value Range
> $1,078,000 0.0
$808,001 - $1,078,000 0.0
$539,001 - $808,000 1.0
$431,001 - $539,000 0.6
$323,001 - $431,000 2.1
$216,001 - $323,000 6.3
$108,001 - $216,000 13.8
$54,001 - $108,000 39.0
$0 - $54,000 37.2

Low for AR
Very Low for Nation

Value Relative to Nation Value Relative to State
94.7497949138638 78.5211267605634

Number Of Homes And Apartments:
620

Rent & Ownership

 

Average Market Rent:
$879 / per month

Homeownership Rate

Homeownership
Owners 66.92
Renters 33.08
Vacant 15.42

Housing Market Details

 

Age of Homes

AGE OF Hampton HOMES
2000 or Newer 8.2
1970 - 1999 52.5
1940 - 1969 31.7
1939 or Older 7.6

Types of Homes

TYPE OF Hampton HOMES
Single-Family 76.0
Townhomes 3.1
Small Apt. Buildings 2.2
Apt. Complexes 2.9
Mobile Homes 15.8
Other 0.0

Home Size

SIZE OF Hampton HOMES
No Bedroom 0.00
1 Bedroom 6.82
2 Bedrooms 30.42
3 Bedrooms 56.07
4 Bedrooms 6.68
5 or more bedrooms 0.00

Hampton Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
AR*
Compared To
America*
Latest Quarter:
2016 Q3 - 2016 Q4
Last 12 Months:
2015 Q4 - 2016 Q4
Last 2 Years:
2014 Q4 - 2016 Q4
Last 5 Years:
2011 Q4 - 2016 Q4
Last 10 Years:
2006 Q4 - 2016 Q4
Since 2000:
2000 Q1 - 2016 Q4
56.03% 2.61% 9 7
* 10 is highest

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Zip Codes in Hampton, AR