23661 — Hampton city, Virginia Market Snapshot

Housing market data for zip code 23661 in Hampton city, Virginia. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

55 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$253,000

Closed sales

Days to Sell

41

Median, listing to close

Homes Sold

55

Closed in 2026

Inventory

62

Sale-to-List

97.9%

New Listings

94

Price/SqFt

$182

Pending Sales

78

Conforming Loan Available

Most homebuyers in 23661 can comfortably use conventional financing. The median home price of $253,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Market Insights

Market Temperature

23661's market is balanced with homes taking an average of 41 days to sell. Buyers have some negotiating room without the pressure of bidding wars.

Sale-to-List Ratio

The average home in 23661 sells for 2.1% below asking price (97.9% sale-to-list), suggesting buyers have negotiating leverage in the current market.

Conforming Loan Feasibility

Most homebuyers in 23661 can comfortably use conventional financing. The median home price of $253,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Loan limits in 23661 are set at the county level.

2026 Loan Limits — Hampton city

Property Units Conforming Limit FHA Limit
1 Unit$832,750$757,850
2 Units$1,066,250$970,200
3 Units$1,288,800$1,172,750
4 Units$1,601,750$1,457,450

Affordability Snapshot — Zip 23661

To purchase the median home at $253,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,088.

Monthly Payment

$2,088

Income Required

$89,503

Principal & Interest

$1,559/mo

Down Payment (5%)

$12,650

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 23661.

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Estimated Monthly Payment

$1,716

Principal & Interest$1,313
Property Tax$253
Insurance$150
Loan Amount$202,400
Total Interest$270,194
Income Required$73,533/yr

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