Hampton Homes and Real Estate
Hampton is located on the southeast end of the Virginia Peninsula, bordering the Chesapeake Bay to the north and the Atlantic Ocean to the east. It’s part of the Hampton Roads metropolitan area, which encompasses six other cities – Norfolk, Chesapeake, Newport News, Portsmouth, Suffolk and Virginia Beach. Hampton is one of the oldest cities in the United States and is the sixth most populous city in Virginia, with approximately 145,579 residents. The city covers a total area of approximately 136 square miles according to the United States Census Bureau, with over fifty-one square miles of land and about eighty-four square miles of water.
Buying a Home in Hampton
From unique flat and townhouse-style condominiums to beach cottages overlooking the bay, buyers have a number of options. Bizjournals, a national business news source, recently rated the Hampton Roads area as America’s least stressful metro area based on factors such as air quality, employment, crime levels and income growth. The city of Hampton is a large part of this, with access to all the metro area’s offerings. Additionally this is the best buyers market in some time with good interest rates and many sellers assisting with closing costs.
First Time Homebuyers
If you're considering buying your first home, contact us for a free, no-obligation homebuyer consultation. We'll walk you through the steps you need to take to get into your new home, including getting pre-qualified and searching for homes that fit your needs. Our agents have a great deal of experience working with first time homebuyers and can help make the process easy and fun. They will connect you with our mortgage team who will help you get prequalified, and will help you explore the various options available in Hampton, including traditional homes, townhouses, and even new construction homes.
Homes in Hampton
The city of Hampton offers residents many different environments. These vary from quiet retreats away from the bustle of town to homes in the heart of the city’s action. The Hampton community is also adjacent to York County, Poquoson, Norfolk, Newport News, Portsmouth, Northampton County and the Chesapeake Bay. Hampton is mainly a suburban area with a hint of city life. Because the area has such diverse communities within it, there are a wide range of neighborhoods. Some popular Hampton communities include: Aberdeen Gardens, Bethel Park, Briarfield Terrace, Buckroe, Buckroe Beach, Elizabeth estates, Farmington, Fox Hill, Grandview, Grist Mill, Hampton Woods, Howe Farms, Magnolia, Michael’s Woods, Northampton, Farmington, Phoebus, Pine Chapel, Pine Grove, Riverdale, Sinclair Farms, Tidemill Farms, Wythe and Westview Lakes. There are multi-family homes, single-family homes, homes for rent, new construction homes, foreclosures, town homes, condos, waterfront homes, apartments and vacant land for sale. The most recent report show that the median price for a home in Hampton is $189,900.
Because Hampton is home to major industries such as NASA and high-tech firms, seafood processing, military and tourism, the city’s real estate market has maintained a certain amount of cushion over the years. Recent reports suggest there have been over 16,000 listings this year alone in the Hampton Roads area. This state of progression is most likely due to the wide array of business and industrial enterprises, residential and retail areas, historical sites and miles of waterfront and beaches. Because Hampton is a continuously vibrant place to work and play with unique culture, the real estate market should remain on the same steady path.
New Homes and New Construction in Hampton
In Hampton, one can also build their own home in a number of selected areas. If the decision is made to customize, they have the option to build on vacant land or in an existing new construction neighborhood in Hampton. Choosing this option allows a buyer to tailor a floor plan, so one can meet their personal or family’s needs – all while designing their dream home at an affordable price. When building a personalized home, there is often a high level of flexibility in the building process to ensure these dream homes meet their owners' expectations. Using an agent in this process will help in many ways. An agent can assist by directing buyers to newly built homes that specifically match their criteria. They can also recommend builders based on their reputation and experience in delivering a high-quality and reasonably priced product. A buyer with an agent will likely have more favor when negotiating. Additionally, agents can help buyers choose between hundreds of design and upgrade options and can recommend those which will add value to a home when it comes time to sell.
Selling in Hampton
When it comes time to sell a home in the Hampton community, residents can rest assured that there will always be interested buyers. Besides having suburban and city appeal, the area’s economy is typically stimulated by tourism, agribusiness and military sectors locally.
Living in Hampton
Hampton is full of activities and entertainment for all ages that welcome visitors and charm its residents. Downtown there are shops, restaurants, pubs, cobblestone streets, galleries, museums, and parks. There are also two public beaches in the city – Buckroe Beach and Grandview Beach. The Hampton Coliseum, located in the middle of the city, is also a big draw to the area. One of the city’s current schools, Hampton High School, is now technically the oldest public school in the United States, as it can trace its roots to the Syms-Eaton Academy – established in 1634. The city currently runs thirty-seven public schools – both primary and secondary and is home to three private school and two colleges.
Hampton City Profile
|Population Density||1050 Persons per sq mi|