Hampton, MI housing market
The typical Hampton home is worth about $238,000, up 8.5% in a year, 11% below the Michigan typical home.
Home values, sales, trends and how Hampton compares with the towns next door — updated as new data is published.
Hampton at a glance
Typical home value, 2016–2026
Show as a table
| January | Hampton | Michigan |
|---|---|---|
| 2017 | $139,000 | $144,000 |
| 2018 | $148,000 | $155,000 |
| 2019 | $152,000 | $165,000 |
| 2020 | $167,000 | $175,000 |
| 2021 | $178,000 | $194,000 |
| 2022 | $193,000 | $217,000 |
| 2023 | $198,000 | $230,000 |
| 2024 | $209,000 | $241,000 |
| 2025 | $218,000 | $253,000 |
| 2026 | $230,000 | $262,000 |
| August 2026 | $238,000 | $266,000 |
4 new homes permitted in 2025
Builders were permitted 4 new homes in Hampton in 2025, all single-family houses, worth about $1.9 million to build. That's 0.4 per 1,000 residents, slower than across Michigan (2.3). Over the past 10 years, Hampton has permitted 42 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Hampton gained 43 residents while 120 new homes were permitted: about 0.4 new residents per new home. Building outpaced population growth, which usually means smaller households or homes used part of the year. Across Michigan: 1.2 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 2 | 2 | 0 | $600,000 |
| 2025 | 4 | 4 | 0 | $1.9 million |
| 2024 | 2 | 2 | 0 | $515,000 |
| 2023 | 9 | 9 | 0 | $2.2 million |
| 2022 | 9 | 9 | 0 | $2.1 million |
| 2021 | 9 | 9 | 0 | $1.9 million |
| 2020 | 3 | 3 | 0 | $683,000 |
| 2019 | 1 | 1 | 0 | $300,000 |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 3 | 3 | 0 | $457,000 |
| 2016 | 2 | 2 | 0 | $237,000 |
| 2015 | 99 | 1 | 98 | $7.3 million |
| 2014 | 1 | 1 | 0 | $127,000 |
| 2013 | 2 | 2 | 0 | $292,000 |
| 2012 | 3 | 3 | 0 | $526,000 |
| 2011 | 4 | 4 | 0 | $680,000 |
| 2010 | 5 | 5 | 0 | $863,000 |
| 2009 | 4 | 4 | 0 | $651,000 |
| 2008 | 5 | 5 | 0 | $813,000 |
| 2007 | 6 | 6 | 0 | $1.2 million |
| 2006 | 4 | 4 | 0 | $837,000 |
| 2005 | 36 | 36 | 0 | $5 million |
| 2004 | 30 | 30 | 0 | $4.9 million |
| 2003 | 46 | 46 | 0 | $6.3 million |
| 2002 | 43 | 43 | 0 | $5.7 million |
| 2001 | 43 | 41 | 2 | $4.1 million |
| 2000 | 32 | 32 | 0 | $3.9 million |
How Hampton ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Hampton and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Hampton | $238K | +8.5% | $990 | 4 | $51,728 |
| Bay City | $128K | +5.2% | $1,010 | 0 | $49,420 |
| Merritt | — | −0.3%† | $1,110 | 0 | $88,750 |
| Portsmouth | $201K | +6.5% | $990 | 2 | $79,310 |
| Essexville | $166K | +5% | $990 | 0 | $75,341 |
| Bangor | $215K | +5.8% | $1,070 | 2 | $60,661 |
† FHFA price index change, where Zillow has no home value for the town.
4.6 years of income
The typical Hampton home costs about 4.6 years of the town's median household income, more than across Michigan (3.7 years).
How Hampton ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $990
HUD's Fair Market Rent for a two-bedroom in Hampton is $990 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Hampton pay a median of $858, so moving in tends to cost more than staying put. A two-bedroom takes about 23% of the town's median household income.
Studio $780 · 4 bedrooms $1,460
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (48708, 48732, 48747; Bay City, MI MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.