Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With a population of 1,281, 620 total housing units (homes and apartments), and a median house value of $71,206, 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.
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 20.36% over the last ten years, which is an average annual home appreciation rate of 1.87%, 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.
Over the last year, Hampton appreciation rates have trailed the rest of the nation. In the last twelve months, Hampton's appreciation rate has been 2.16%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Hampton were at 0.57%, which equates to an annual appreciation rate of 2.31%.
Notably, Hampton's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Arkansas, our data show that Hampton's latest annual appreciation rate is higher than 50% of the other cities and towns in Arkansas.
|$812,001 - $1,082,000||0.0|
|$541,001 - $812,000||1.0|
|$433,001 - $541,000||0.6|
|$325,001 - $433,000||2.1|
|$216,001 - $325,000||6.3|
|$109,001 - $216,000||13.8|
|$54,001 - $109,000||39.0|
|$0 - $54,000||37.2|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2017 Q2 - 2017 Q3
Last 12 Months:
2016 Q3 - 2017 Q3
Last 2 Years:
2015 Q3 - 2017 Q3
Last 5 Years:
2012 Q3 - 2017 Q3
Last 10 Years:
2007 Q3 - 2017 Q3
2000 Q1 - 2017 Q3
|* 10 is highest|
|AGE OF Hampton HOMES|
|2000 or Newer||8.2|
|1970 - 1999||52.5|
|1940 - 1969||31.7|
|1939 or Older||7.6|
|TYPE OF Hampton HOMES|
|Small Apt. Buildings||2.2|
|SIZE OF Hampton HOMES|
|5 or more bedrooms||0.00|