Local news- Press Release
☷ Hampton Virginia - Hampton named one of the 15 most affordable beach towns in the nation
Hampton , state Virginia ( By Press Release office)
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May 6 , 2022 - Home prices in the city may be climbing , but Hampton remains one of the nation’s most affordable beach towns , according to a study of more than 200 localities .
That assessment is courtesy of
, an online destination for consumer - focused financial information and advice . The study looks at more than the average home sale price – it takes into account property taxes , home size , and monthly housing costs .
This is the fifth year in a row that the city has made the list . This year , Hampton tied with Melbourne , Florida , for 12th place . In 2017 , Hampton was 23rd . Gulf Coast cities dominate the list . Hampton is the only Virginia city on the list .
Nationally , the S&P CoreLogic Case - Shiller US National Home Price Index , which tracks the purchase prices of single - family homes , says that prices rose 19 . 2% in the one - year period ending in January 2022 .
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