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Newport News Market Trends

Today, November 30, 2009

Median Sales Price in Newport News

Embed Info
1 yr 5 yr Max
Newport News median sales prices
Number of sold homes in Newport News
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$111,814-22.4%$124,500$144,000$100,026
3 bedrooms$182,000-3.5%$186,450$188,600$140,000
4 bedrooms$245,0000.0%$235,000$245,000$195,550
All properties$182,890-1.7%$184,950$186,100$143,000
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Newport News Summary

The median sales price for homes in Newport News VA for Aug 09 to Oct 09 was $182,890. This represents a decline of 1.1%, or $2,060, compared to the prior quarter and a decrease of 1.7% compared to the prior year. Sales prices have appreciated 27.9% over the last 5 years in Newport News.

The average listing price for Newport News homes for sale on Trulia was $234,076 for the week ending Nov 25, which represents a decline of 0.4%, or $999, compared to the prior week and an increase of 6.2%, or $13,588, compared to the week ending Nov 04. Average price per square foot for Newport News VA was $117, a decrease of 8.6% compared to the same period last year. Popular neighborhoods in Newport News include Kiln Creek, Hilton, Epes, Deer Park, Riverside, and Nelson.

 

Average Listing Price in Newport News

Embed Info
1 yr 5 yr Max
Newport News average property price
Newport News – number of properties
No. BedroomsWeek ending
Nov 25
w-o-wWeek ending
Nov 18
Week ending
Nov 11
Week ending
Nov 4
1 bedroom$100,577-0.9%$101,501$102,244$101,253
2 bedrooms$148,633+1.0%$147,151$145,017$144,598
3 bedrooms$227,781-0.5%$229,035$227,937$198,503
4 bedrooms$268,383-0.1%$268,519$269,509$273,945
All properties$234,076-0.4%$235,075$233,902$220,488
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Average Price Per Sqft for Homes in Newport News

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1 yr 5 yr Max
Newport News average price per square foot
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$97-17.1%$105$117$101
3 bedrooms$123-9.6%$124$136$98
4 bedrooms$114-3.4%$114$118$101
All properties$117-8.6%$121$128$97
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Popular Neighborhoods in Newport News

Neighborhoods Week ending
Nov 25
w-o-w Week ending
Nov 18
Week ending
Nov 11
Kiln Creek 1 — 1 2
Hilton 2 +2 4 4
Epes 3 +5 8 3
Deer Park 4 +1 5 10
Riverside 5 +2 7 26
Nelson 6 -4 2 5
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Homes for Sale in Newport News

367B Deputy Lane, Newport News VA
367B Deputy…
$120,000
3 br  1 ½ ba
172 Pine Bluff Drive, Newport News VA
172 Pine B…
$282,000
3 br  2 ½ ba
709 Terrace Drive, Newport News VA
709 Terrace…
$256,000
4 br  2 ½ ba
367 Deputy Lane, Newport News VA
367 Deputy…
$120,000
3 br  1 ½ ba
219 Lyon Drive, Newport News VA
219 Lyon Dr…
$299,000
5 br  2 ½ ba
242 Misty Point Lane, Newport News VA
242 Misty…
$219,900
3 br  2 ½ ba
View all Newport News Homes for Sale
 
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Neighborhoods

Kiln Creek

Hilton

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  • Bland
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Nearby Cities

Cities
Median
sales price
Average
listing price
Hampton
$185,000
$243,618
Seaford
$130,000
$543,429
Yorktown
$319,000
$401,380
Norfolk
$174,000
$299,800
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Advice

Recent Q&A in Newport News, VA

Q: How does the 8,000 tax credit for new home buyers work, who is entitled to it and hoe does one get it? 4 answers
Q: We would like to sell a 2/2.5 two story condo to move in June 2010. How soon should we put it up for sale? 3 answers
Q: Need a home. Moving from Denver to Newport News, Viriginia 9 answers
Q: Hi! Can anyone direct me to a map which shows the neighborhoods within the Newport News police precincts? 2 answers
Q: My home will be auctioned tomorrow 05/28/09 in newport news, va How long will I have to vacate the property? Be the first to answer

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Newport News Stats & Trends

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Our real estate market trends page gives you a valuable overview of the Newport News real estate market. Find Newport News properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Newport News average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Newport News housing statistics are available for each Newport News, VA neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.