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North Tidewater News

Tuesday, December 24, 2024

Hampton home prices rise in the fourth quarter of 2017

Realestate1

The median sale price of a home sold in the fourth quarter of 2017 in Hampton rose by $9,450 while total sales increased by 5%, according to BlockShopper.com.

From October through December of 2017, there were 636 homes sold, with a median sale price of $144,450 - a 7% increase over the $135,000 median sale price for the same period of the previous year. There were 606 homes sold in Hampton in the fourth quarter of 2016.

The median sales tax in Hampton for the most recent year with available data, 2016, was $1,950, approximately 1.4% of the median home sale price for the fourth quarter of 2017.

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