Is Hampton, VA 23661 a buyer’s or seller’s market?
Hampton is a seller’s market. With about 2.4 months of supply and 31% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 65% of U.S. ZIP codes, and #167 of 358 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Hampton housing market right now
In the three months ending August 31, 2026, 31% of homes in Hampton, VA 23661 sold above their list price, the typical home went under contract in 33 days and there were 2.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 91 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 36%, homes sold faster (36 days then) and the median sale price fell 4% to $263,386. Overall, Hampton is less competitive than a year ago, which gives buyers more room.
Within Hampton city, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Hampton ranks #167 of 358 VA ZIP codes with enough sales (score 62 out of 100).
Nearby, buyers who want less competition could look at Hampton 23664 (20% sold over asking) or Hampton 23663 (26% sold over asking), while Hampton 23669 (41% sold over asking) and Hampton 23666 (36% sold over asking) are even more competitive.
Run the numbers for 23661
Nearby markets
Hampton 23663Seller’s market $191 /sq ftHampton 23664Seller’s market $216 /sq ftHampton 23666Seller’s market $194 /sq ftHampton 23669Seller’s market $187 /sq ft Browse all markets →Towns like Hampton nearby
Find towns like Hampton in other states →Where Hampton is
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Questions about Hampton real estate
Is Hampton a buyer’s or seller’s market?
A seller’s market: there were 2.4 months of supply in Hampton, VA 23661 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Hampton?
The typical home went under contract in 33 days in the latest three months.
Do homes in Hampton sell over asking?
31% of homes sold above their original list price, and the typical sale closed at 98.7% of the list price.
What are property taxes in Hampton?
About 0.95% of a home’s value a year in Hampton city, or roughly $3,800 on a $400,000 home.
What is the median home price in Hampton?
The median sale price was $263,386 in the three months ending August 31, 2026, about $197 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology