Hampton: Housing & Real Estate
Housing in Hampton centers on a median value of $245,700 (estimated market value runs 12% higher at $275,398), with median rent $1,427 (about the same as Hampton city median $1,427; 1.1× below Virginia median $1,579). Homeownership rate: 56.9%. That's about the same as the Hampton city median ($245,700); 1.6× below the Virginia median ($383,700). Market is warm. Vacancy rate 7.6%. New construction makes up 8.6% of stock. 9 nursing facilities on file. A municipal building code is in effect.
- 3.5× annual income — home value vs. household income (vs Virginia 4.1×).
- 14.3 years to break even renting at the median (vs Virginia 19y).
- 4-BR rent is 1.9× a studio — rent gradient by unit size.
- Median rent 16% below HUD 2-BR FMR — local market vs federal subsidy benchmark.
Home Values & Rent
Median home value $245,700 — 0.6× the Virginia median ($382,500). Median rent $1,427/month. homeownership rate 56.9% — below the U.S. share of ~65%.
| Affordability · Home Price To Income | 3.5× |
|---|---|
| Affordability · Home Affordability | moderate |
| Affordability · Rent Pct Income | 23.2% |
| Affordability · Rent Affordability | affordable |
| Affordability · Pct Severely Rent Burdened | 48.3% |
| Affordability · Poverty Rate | 12.7% |
| Affordability · Property Tax Pct Income | 3.3% |
| Fair Market Rent · Studio rent | $1,492 (at Virginia median) |
| Fair Market Rent · One-bedroom rent | $1,512 (at Virginia median) |
| Fair Market Rent · Two-bedroom rent | $1,713 (at Virginia median) |
| Fair Market Rent · Three-bedroom rent | $2,376 (at Virginia median) |
| Fair Market Rent · Four-bedroom rent | $2,797 (at Virginia median) |
| Fair Market Rent · HUD FMR area | Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area |
| Fair Market Rent · Fiscal year | FY2026 |
| Home Value Estimate | $275,398 |
| Median Home Value | $245,700 (vs Virginia $382,500) |
| Median Rent | $1,427 (vs Virginia $1,714) |
Sources: HUD FMR FY2026 · Census ACS 5-Year 2023, B25077 · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Tenure & Occupancy
Owner-occupied vs renter-occupied housing units, plus vacancy rates.
| Housing Market · Market temperature | warm |
|---|---|
| Housing Market · Vacancy rate | 7.6% |
| Housing Market · New construction (% of stock) | 8.6% |
| Housing Market · Price Appreciation 2Yr | 5.0% |
| Housing Orgs · Total count | 9 |
Sources: IRS BMF NTEE L
Utilities
Electricity, water, and broadband infrastructure serving residents. Broadband percentages reflect the share of premises that can subscribe to service at the listed speed (FCC Form 477).
Facilities (10)
| Broadband · % of premises with 25/3 Mbps broadband | 100.0% (at Virginia median) |
|---|---|
| Broadband · % of premises with 100/20 Mbps broadband | 100.0% (at Virginia median) |
| Broadband · % of premises with 250/25 Mbps broadband | 100.0% (at Virginia median) |
| Broadband · % of premises with 1 Gbps / 100 Mbps broadband | 57.8% (vs Virginia 49.4%) |
| Broadband · Broadband-capable premises | 68,625 |
| Electricity · Electricity rate (¢/kWh) | 14.41¢/kWh |
| Electricity · Customers | 3654481 |
| Electricity · Revenue Millions | $6,524 |
| Electricity · Year | 2024 |
| Mobile Broadband · 3G mobile coverage | 0.000000000 |
| Mobile Broadband · 4G mobile coverage | 1.000000000 (at Virginia median) |
| Mobile Broadband · 5G mobile coverage | 1.000000000 (at Virginia median) |
Sources: FCC BDC Jun 2025 · EIA Annual Retail Sales 2023 · FCC BDC Mobile 2024 · Refreshed 2026-04-12
Charging & Mobility
| Ev Charging · Stations | 16 |
|---|---|
| Ev Charging · Public Stations | 11 |
| Ev Charging · L2 Ports | 49 |
| Ev Charging · Dc Fast Ports | 10 |
Sources: DOE AFDC API
Other
| Homeownership Rate | 56.9% (vs Virginia 64.4%) |
|---|---|
| Median Year Built | 1974 |
Sources: Census ACS 5-Year 2023 · Refreshed 2026-04-12