Hampton city, VA

Hampton city presents an income-versus-exit tension. At Zillow’s June 2026 county observation, the median home value was $283,477 and median asking rent was $1,692 per month, producing the supplied 7.16% gross yield before costs. Income-oriented buyers have reason to test leaseability and property expenses; buyers relying on resale or low carrying costs warrant caution because this gross screen does not establish net return.

Market rent is distinct from HUD Fair Market Rent: the HUD two-bedroom FMR is $1,713 per month, a payment standard rather than an asking-rent estimate. Zillow asking rent is 98.8% of that standard, but FMR cannot replace market rent in yield work. The effective property-tax rate is 0.95%, with reported median annual tax of $2,327; neither figure supplies insurance or maintenance cost. Separately, FHFA’s 2025 repeat-transaction HPI rose 5.58% annually. Its direction agrees with Zillow’s positive value movement, but the methods and vintages differ and cannot be combined into one appreciation rate.

Demand and competition evidence is mixed rather than conclusive. Realtor.com’s MLS listing-market evidence reports 381 active listings, with inventory higher than a year earlier; median marketing time was 35 days and 21.8% of listings carried price reductions. These are visible supply, marketing-time and seller-concession measures, not closed-sale prices or proof of buyer demand. Annual QCEW workplace data show covered employment and covered-worker wages increased; Trade, transportation, and utilities is the largest disclosed private supersector, not the full county economy. Tax-return households were net outbound, and inbound mover average AGI was lower than outbound. Investors represented 7.94% of 1,890 purchases, a minority of recorded buying.

The dominant reported hazard is inland flood, and the modeled climate-loss ratio is 0.09% of building value per year; it is a county-level expected-loss measure, not a parcel loss estimate. The record does not publish vacancy, operating expenses, insurance premiums, property condition, closed-sale comparables, or building-level flood exposure. Those gaps prevent a net-yield conclusion, validation of an exit price, and a site-specific resilience assessment. Next checks are lease and expense histories, tax bills, insurance quotes, flood-zone and elevation records, and closed-sale comparables.