Hampton, MI—48732
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hampton, MI
As of Oct '25, the median home price in Hampton, MI is $194,000, with a year-over-year change of 2.3%. This indicates that home prices in Hampton, MI are increasing. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $194,000 | 2.3% |
| Single Family | $192,000 | 2.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $203,000 | 5.2% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Hampton, MI
As of July '25, Rentcast reports the average rent in Hampton, MI is $703, with a year-over-year rent change of 24.2%. Per bedroom, the median rent as of July '25 in Hampton, MI is 1-bedrooms: $717, 2-bedrooms: $660. The most common rental property sizes in Hampton, MI are 2-bedroom and 1-bedroom, accounting for 52.2% and 37.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $619 | $703 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $619 | $717 |
| 2 Bed Rent | $660 | $660 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Hampton, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Hampton, MI is 27. This is a increase of 52.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $243,000 | 14.0% |
Listing Count | 26 | -1.0% |
| Listings as % of Homes | 0.3% | -1.0% |
Days on Market | 27 | 52.0% |
Demographics — Hampton, MI
As of the latest ACS Survey released in 2023, Hampton, MI has a population of 11,300, which has remained stable by -0.2% over the past 5 years. Hampton, MI is a moderately popular place for families, as children make up 20.1% of the population. The area has a poorly educated workforce, with 21.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,300 | -0.2% |
% Under 18 | 20.1% | -1.0% |
% Seniors | 24.6% | 34.4% |
% WFH | 6.4% | 88.2% |
% w/ College Degree | 21.1% | -10.6% |
As of the latest ACS Survey released in 2023, Hampton, MI is a predominantly white area, with 90.1% of the population identifying as white. The white population has grown by 0.7% in the last 5 years. The second most common race or ethnicity in Hampton, MI is hispanic, making up 6.8% of the population. Foreign-born residents account for 0.4% of the population in Hampton, MI, and this percentage has decreased by 63.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 90.1% | 0.7% |
% Black | 0.9% | -66.7% |
% Hispanic | 6.8% | 28.3% |
% Asian | 0.4% | -20.0% |
% Foreign Born | 0.4% | -63.6% |
Mortgage and Risk — Hampton, MI
According to HUD data as of 2023, there were 180 mortgage originations in Hampton, MI, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Hampton, MI. Investor activity is low, as 2.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 180 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Hampton, MI
Hampton, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 322 |
Total Units Section 8 | 322 |
% Rentals under Section 8 | 20.1% |
% Occupied Section 8 | 93.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $131 | $619 | $750 |
| 2 Bedroom | $290 | $660 | $950 |
| 3 Bedroom | N/A | N/A | $1,270 |
| 4 Bedroom | N/A | N/A | $1,370 |
Affordability — Hampton, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $194,000 |
| Median Household Income | $53,500 |