Here are some potential advantages and disadvantages of home ownership in the village of Hampton, Illinois:

Advantages:
- Home values in Hampton have been appreciating steadily, meaning that owning a home in this area could potentially lead to a good return on investment.
- Hampton is known for its excellent schools, which could make it an attractive location for families.
- The village has a small, tight-knit community that could be welcoming for homeowners who value a strong sense of community.
- Compared to larger cities in Illinois, the cost of living in Hampton is relatively low, which could make it easier for homeowners to manage expenses.

Disadvantages:
- Since Hampton is a small village, there are limitations in terms of shopping, dining, and entertainment options. Homeowners who value having a variety of amenities nearby may find the village limiting.
- Property taxes in Rock Island County are among the highest in Illinois, which could make owning a home in Hampton relatively expensive.
- The village is located relatively far from major highways or public transportation options, which could limit job opportunities for homeowners who have to commute.

Of course, these are general advantages and disadvantages, and what is considered a pro or a con can vary greatly depending on personal circumstances and preferences. It is important to do more research and weigh the factors that are most important to an individual when making a decision about home ownership.