How much is a home worth in ZIP code 23663?

The typical home in 23663 is worth $237,862, based on the Zillow Home Value Index.

Are home values rising in 23663?

Home values in 23663 are up 0.3% over the past year, and up 6.9% a year over five years.

What is the typical rent in 23663?

A typical home in 23663 rents for about $1,706 a month, a gross rental yield of 8.6%.

What is the property tax rate in 23663?

The effective property tax rate in 23663 is 0.9% — roughly $2,183 a year on a typical home.

ZIP code 23663 has a population of 14,656 and a median household income of $54,336.

HousingHandbookReference data

…

U.S. ZIP Code · VA23663

Hampton city · Virginia Beach-Chesapeake-Norfolk, VA-NC

Typical home value

$237,862^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +0.3%
5-year / yr: +6.9%
10-year / yr: +7.1%

Relative price

vs U.S.: -16.3%
vs metro: -32.5%
vs state: -27.5%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 23663 is worth $237,862 — 32.5% below the Virginia Beach-Chesapeake-Norfolk, VA-NC median. Over the past year, values have risen 0.3%. Homes here rent for a typical $1,706 a month — a 8.6% gross rental yield. The effective property tax rate is 0.9%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,706^[2]
Gross yield: 8.6%^[2]
Cap rate: 5.2%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.9%^[3]
Typical annual tax: $2,183^[3]

#Climate risk

FEMA National Risk Index ratings for Hampton city. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Low^[4]
Riverine flood: Relatively Low
Coastal flood: Relatively Moderate
Wildfire: Very Low
Drought: No Rating
Heat wave: Relatively Low
Hurricane: Relatively Moderate
Tornado: Relatively Low
Earthquake: Relatively Low
Winter weather: Relatively Low

#Who lives here

Population: 14,656^[3]
Median household income: $54,336^[3]

#Migration

Household moves in and out of Hampton city over a year, from IRS tax-return data.

Net migration: -186^[5]
Moved in: 6,725
Moved out: 6,911

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 5
Elementary: 2
Middle: 1
High: 1

Phoebus High
High · Grades 9–12 · Hampton City Public Schools
1,417 students
Francis W. Jones Magnet Middle
Middle · Grades 6–8 · Hampton City Public Schools
597 students
Jane H. Bryan Elementary
Elementary · Grades PK–5 · Hampton City Public Schools
349 students
Mary T. Christian Elementary
Elementary · Grades PK–5 · Hampton City Public Schools
302 students
Moton Early Childhood Center
Prekindergarten · Grades PK · Hampton City Public Schools
224 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield8.6%

Net yield (after ~40% expenses)5.2%

Annual rent$20,466

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,203

Loan principal$190,289

Down payment$47,572

Total interest paid$242,704

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio0.93

Monthly cost to own$1,583

Monthly rent$1,706

Owning is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 90th percentile^[1]
Rental yield: 94th percentile^[2]
Property tax: 81st percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

8th for highest rental yield in VAView list →

Frequently asked

How much is a home worth in ZIP code 23663?: The typical home in 23663 is worth $237,862, based on the Zillow Home Value Index.
Are home values rising in 23663?: Home values in 23663 are up 0.3% over the past year, and up 6.9% a year over five years.
What is the typical rent in 23663?: A typical home in 23663 rents for about $1,706 a month, a gross rental yield of 8.6%.
What is the property tax rate in 23663?: The effective property tax rate in 23663 is 0.9% — roughly $2,183 a year on a typical home.
Who lives in 23663?: ZIP code 23663 has a population of 14,656 and a median household income of $54,336.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

23704 vs 23663 →
Portsmouth, VA
Typical home
$236,496
Gross yield
8.1%
27935 vs 23663 →
NC
Typical home
$240,425
Gross yield
—
27946
NC
Typical home
$241,718
Gross yield
—
23661
Hampton, VA
Typical home
$242,092
Gross yield
7.5%
23605
Newport News, VA
Typical home
$228,651
Gross yield
7.9%
23839
Dendron, VA
Typical home
$227,471
Gross yield
—

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#Jump to section

U.S. ZIP Code · VA23663

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