Hampton, GA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Hampton Neighborhoods Since 2000




Hampton, GA Real Estate Data

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Hampton Housing Market Information

With 7,372 people, 1,843 houses or apartments, and a median cost of homes of $188,720, Hampton real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Hampton, accounting for 77.88% of the city's housing units. Other types of housing that are prevalent in Hampton include mobile homes or trailers ( 13.96%), duplexes, homes converted to apartments or other small apartment buildings ( 3.79%), and a few row houses and other attached homes ( 3.21%).

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 65.17% of Hampton's homes, and 71.69% have either three or four bedrooms, which is average sized relative to America.

Hampton homes and real estate are some of the newest in America. 46.88% of Hampton's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Hampton real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 36.52%), and between 1940-1969 ( 14.11%). There's also some housing in Hampton built before 1939 ( 2.50%).

Vacant housing appears to be an issue in Hampton. Fully 11.56% 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

Hampton's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Hampton during the period has been just -2.10%, which is lower than 80% of US communities.

Appreciation rates are so strong in Hampton that despite a nationwide downturn in the housing market, Hampton real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Hampton appreciation rates continue to be some of the highest in America, at 7.13%, which is higher than appreciation rates in 82.04% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Hampton. Hampton appreciation rates in the latest quarter were at 1.10%, which equates to an annual appreciation rate of 4.47%.

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

Average Home Values

 

Median Home Value:
$188,720

Hampton, GA HOME PRICES

Value Range
> $1,261,000 0.3
$946,001 - $1,261,000 0.9
$630,001 - $946,000 0.0
$504,001 - $630,000 1.1
$378,001 - $504,000 1.1
$252,001 - $378,000 16.1
$126,001 - $252,000 43.7
$63,001 - $126,000 23.3
$0 - $63,000 13.4

Very High for GA
High for Nation

Value Relative to Nation Value Relative to State
35.233798195242 17.9704016913319

Number Of Homes And Apartments:
1,843

Hampton Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
GA*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
-2.06% -0.12% 1 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,482 / per month

Homeownership Rate

Homeownership
Owners 65.17
Renters 34.83
Vacant 11.56

Housing Market Details

 

Age of Homes

AGE OF Hampton HOMES
2000 or Newer 46.9
1970 - 1999 36.5
1940 - 1969 14.1
1939 or Older 2.5

Types of Homes

TYPE OF Hampton HOMES
Single-Family 77.9
Townhomes 3.2
Small Apt. Buildings 3.8
Apt. Complexes 1.2
Mobile Homes 14.0
Other 0.0

Home Size

SIZE OF Hampton HOMES
No Bedroom 0.00
1 Bedroom 2.50
2 Bedrooms 11.13
3 Bedrooms 38.20
4 Bedrooms 33.49
5 or more bedrooms 14.68