Hampton, Virginia Information
The Mid-Atlantic city of Hampton, Virginia is sits on the south east end Virginia’s peninsula and is home to an estimated 135,000 people, based on the most recent US Census Report. This Hampton Roads community is one of seven foremost cities in Virginia. The city of Hampton is one of America’s oldest cities having been established over 400 years ago. This thriving city is a modern technology mecca build on a foundation of classic American history and old-fashioned values. The city sprawls 51.41 square miles and with an estimated 2,673.2 people per square mile respectively.
Hampton, Virginia Details
In 1958, the National Aeronautics and Space Administration (NASA) trained the first group of astronauts for their journey into space here. The Langley Airforce base and Langley NASA are a driving force in space and aeronautical aviation and based in this seaside community.
The local parks, beaches and recreational options are endless. Fishing, hunting and nature trails are plentiful. Bethel Park is a local favorite and set on Langley Air Force Base. There are many outdoor options to enjoy at Bethal Park and features baseball fields, fishing, volleyball and hiking trails. Buckroe Beach Park is ideal destination for the beachcomber. Set along the Chesapeake Bay the beach spans approximately three quarters of a mile and is a favorite summer destination for the locals and vacationers alike.
The coastal region is a popular vacation destination is a draw for tourists throughout the summer and year-round. Beachside rentals, bed and breakfasts and variety of local hotels are available to suit any travelers need. The Magnolia House is a popular B&B as well as a popular wedding destination.
There is a rich food culture in this coastal market. Foodies and oenophiles have much to enjoy. The farm to table movement is in full swing with local farmers markets active such as Dean & Don’s Farm Market, to a variety of seaside restaurants and downtown gems such as Park Lane Tavern, The Barking Dog and The Deadrise. For those interested in the brewery scene local craftsman at Bull Island Brewing Company and St. George Brewing Company are building the brewery culture in this seaside Virginia town.
The city is rich in arts and culture. The Arts and Cultural District is a hub of collaborative artists, museums, theaters and musicians. The city is focused on developing the local artisan culture and providing financial incentives for bringing new business to the community. Charles H. Taylor Art Center, 670 Gallery and Elixir Sensory Art Gallery are establishing the community as a mecca for fine art and culture. Local businesses like Barrel-Art are cultivating a niche for custom furniture design.
Hampton Coliseum is the area’s largest concert and event venue and his home to local high school and college graduations, home shows and music concerts. The annual Hampton Jazz Festival, which was established in 1968, is hosted at the arena each year. The venue brings in national and international entertainment year-round.
Economic development is strong in both commercial and residential real estate in this medium-sized city. Neighborhoods like Fox Hill, Raleigh Terrace and Pine Chapel Village all have their own charm and nuances to suit any lifestyle and personality. The area is diverse in culture with varying ethnicities including Hispanic and African American.
The home value index is an estimated $153,453 per Zillow.com. As of March 31, 2018, the anticipated sales growth in the residential retail market is 1.5% over the next 12 months. The median listing price per home is $174,900 (February 28, 2018) and $160,300 is the median sale price (February 28, 2018).
Median gross rental rates as of 2016 was $1,032. Overall the market has 60,146 units in July of the same year. The average rent for a two-bedroom, two-bath rental, is approximately $1,195 per month. (February 28, 2018)
To learn more about a comprehensive market analysis of your rental property please call us today.
Hampton Property Management
Our property management team specializes in residential areas throughout Hampton, VA. We offer multiple services to take your rental property and convert it into reliable income. We have a thorough screening process that helps to identify the right tenants for your property. Our team works hard to keep both parties happy through effective communication, bullet proof lease agreements, and timely monthly rent collection. We offer maintenance services to enhance the property and ensure that it will retain or increase in value. We oversee everything, allowing you to sit back and relax and know that your property and your tenants are in good hands.
Contact us today if you are ready to receive a comprehensive analysis of your rental property and to inquire about our Hampton area property management services.
Outstanding work ethic and an exceptional attention to detail.
Bryant C., Satisfied Client
Keyrenter in Hampton Roads is by far the best property management service. Management is prompt, professional and genuinely caring. There has never been an issue and management stays on top of things! I recommend Keyrenter HR for any renting needs you may have!
Candice T., Satisfied Client
The easiest and most smooth process. I still can’t believe how smooth things went but Rodney has taken care of everything for us during the whole process from beginning to end. As a property manager should. He found the right tenants to move in and we haven’t had any problems. I would easily recommend Keyrenters to anybody.
Galen B., Satisfied Client
Rodney Fentress is awesome. Great owner/landlord. We love our home, it's a really nice house. Had a maintenance problem that was handled promptly. We recommend this company.
Tahesha C., Satisfied Tenant
Keyrenters tenant placement service is designed to provide landlords with a solution to the most difficult problem, finding a good tenant. Our leasing agents will not only locate good tenants, we use a thorough screening process and can even negotiate fair lease agreements.
Maintenance & Inspections
Our maintenance and inspection services are designed to keep the value of your property intact. We offer a full service options to provide our clients with only the best service possible. We will handle all of the difficult problems related to caring for the property and tenants.
Do you hate collecting monthly checks? Keyrenter provides accounting services to make sure you are paid on time, and your tenants are upholding lease agreement. We can assist with a variety of accounting options from monthly billing to taxes and other financial needs.
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