Newport News Real Estate Market

Newport News Market

The median sale price for homes in Newport News over the last 12 months is $167,000.


The median mortgage debt is $76,786.

Additional Statistics for Single Family Homes and Condos in Newport News, VA
$168,620
Median Listing Price
74
Median Days on Market
1068
Active Listings
26.5%
Distressed Listings
(foreclosures and short sales)
Newport News, VA Price Trends - Sold vs. Listed
The median list price in May for single family homes in Newport News was $178,000. The list prices dropped by -1.05% from the previous month.

The price per square foot for listings in this area is $108.

The median sale price in January for single family homes was $165,000. The sale prices increased by 4.1% from the previous month.

The price per square foot for sales in this area is $98.

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Newport News, VA Market Inventory Trends

The number of active listings in Newport News increased by 2.8% from the previous month.

The median number of days active properties have been listed is 72. This is significantly shorter than the national average.

The number of sales in January dropped by 87.1% from the previous month.

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Newport News, VA Property Ownership

The percent of owner occupied properties in Newport News is 15.12% below the national average.

The percent of rental properties in Newport News is 25.31% above the national average which is typical for urban areas.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.