2022 median home prices hit $360,000 in Hampton Roads amid job growth and infrastructure upgrades.

The Hampton Roads Business magazine highlights significant development projects in Virginia's Hampton Roads region, focusing on economic growth, housing trends, and infrastructure improvements. Median home prices peaked at $360,000 in mid-2022, with strong job growth attracting younger buyers. Key projects include new residential developments and upgrades to local infrastructure, such as the Hampton Roads Bridge-Tunnel and offshore wind initiatives, emphasizing ongoing regional advancements and challenges.

October 26, 2024
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