The story of this market
The typical home in Newport News (city), Virginia sells for about $311,458, or $192 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 29 days to sell, which is fast. Over the long run, values in this county have grown 150% since 2000. Last year 22 of 29 neighborhoods saw prices rise, so the story isn't the same street to street. HUD's fair market rent for a two-bedroom is $1,667 a month.
HUD sets the fair market rent for a 2-bedroom at $1,667 a month. FEMA's National Risk Index rates overall hazard risk here as Very Low.
Price climate
Every year of price change, 2000–2025
0%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2005 (+21.3%). Worst: 2011 (-6%). Hover to read a year.
Monthly price momentum
Home values since 2015
+2.6%
VA · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$2,298
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
0%
2025 change
FHFA repeat-sales index, median of 29 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
15
Very Low
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $31,722,152.
Newport News (city), Virginia
The Newport News housing market shows modest growth with a 3.2% year-over-year increase in median sale prices. Market activity remains steady, supported by ongoing federal investment and local housing relief initiatives.
1 distress filing(s) on the ARED verified county foreclosure ledger. Key-figure check: median price corroborated by the published ten-year series (2026) (within 12.5%).
Select a city to expand its ZIP intel reports beneath · 1 city · 8 ZIP reports
Median prices moved up 1.4% year over year.
Homes spend a median of 36 days on market with 0.2 months of supply — a fast-moving market.
1% of listings have cut prices · homes sell at 54.35% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
Owned and leased federal assets with active or excess status, per the General Services Administration's Real Estate Across the United States inventory (read 2026-09-25). A federal footprint read on this county — not a market valuation, and never an attribute of any individual property or tenant.
Deterministic aggregate of 8 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Each property observation weighs one in its ZIP's deterministic roll-up — property-level records (taxes, scores, permits) never roll individually. Latest property research run Sep 14, 2026.
researched Sep 29
researched Sep 29
researched Sep 30
researched Oct 1
researched Oct 4
researched Oct 4
researched Sep 19
researched Sep 29
| 23601 | Newport News | $312,500 | $189 | +5.9% | 26 | 98.5% | 8% | 2.5 | 549 | $1,340 | researched Sep 29 |
| 23602 | Newport News | $325,000 | $185 | +4.2% | 38 | 98.5% | 12% | 2.1 | 101 | $1,511 | researched Sep 29 |
| 23603 | Newport News | $337,000 | $189 | +2.3% | 26 | — | — | — | 13 | $1,444 | researched Sep 30 |
| 23604 | Newport News | $318,000 | $185 | +5.9% | 26 | 99% | 22% | 3.2 | 1,040 | $1,901 | researched Oct 1 |
| 23605 | Newport News | $237,450 | $192 | -7.9% | 25 | — | — | — | 17 | $1,222 | researched Oct 4 |
| 23606 | Newport News | $318,000 | $205 | -6.3% | 28 | 98.5% | 28% | 3.2 | 45 | $1,377 | researched Oct 4 |
| 23607 | Newport News | $249,000 | $144 | 0% | 65 | — | — | — | 97 | $1,176 | researched Sep 19 |
| 23608 | Newport News | $333,000 | $195 | +4.3% | 26 | 99% | — | — | 151 | $1,265 | researched Sep 29 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
The city is actively participating in the update of the Hampton Roads Regional Hazard Mitigation Plan to address regional climate and environmental risks.
Newport News is seeing significant investment, including a $450 million federal investment in sailor quality-of-service improvements and ongoing development at the Newport News Opportunity Center.
The city provides income-based housing assistance through the ResidentFirst Housing Relief Grant Program, though residents are required to maintain real estate tax payments during application review.
The local economy is heavily influenced by federal and military investments, with recent initiatives focusing on aviation technology and public sector workforce development.
The city is actively engaged in disparity studies and community-focused development projects like the Newport News Opportunity Center.
- Busch Gardens Williamsburg4.413.8 mi
- Great Wolf Lodge | Williamsburg4.323 mi
- Water Country USA4.415.1 mi
- Apex Entertainment Virginia Beach4.525.2 mi
- Dave & Buster's4.128.9 mi
- Hampton Coliseum4.46.2 mi
- Veterans United Home Loans Amphitheater at Virginia Beach4.430 mi
- Topgolf Virginia Beach4.423.7 mi
- Norfolk Scope Arena4.419.1 mi
- Golden Corral Buffet & Grill425.8 mi
- Busch Gardens Williamsburg4.413.8 mi
- Colonial Williamsburg4.617.6 mi
- Water Country USA4.415.1 mi
- Virginia Zoo4.518.1 mi
- Jamestown Settlement4.719.6 mi
- Colonial Williamsburg4.617.6 mi
- Jamestown Settlement4.719.6 mi
- Virginia Living Museum4.71.2 mi
- Chrysler Museum of Art4.818.8 mi
- Nauticus4.719.2 mi
- Norfolk Botanical Garden4.819.8 mi
- Buckroe Beach and Park4.610.6 mi
- Chippokes State Park4.715.6 mi
- Newport News Park4.78.3 mi
- Ocean View Beach Park4.515.3 mi
- VIG Portsmouth3.416.1 mi
- The Surry Seafood Co.4.319.4 mi
- Cavalier Golf & Yacht Club4.729.9 mi
- Hampton Yacht Club4.68.5 mi
- Tidewater Yacht Marina4.719.5 mi
- Kingsmill Resort4.414.3 mi
- Golden Horseshoe Golf Club4.517.6 mi
- Sleepy Hole Golf Course4.617 mi
- Riverfront Golf Club4.414.4 mi
- Sewells Point Golf Course4.315.3 mi
- Patrick Henry Mall4.22.1 mi
- Navy Exchange Main4.513.4 mi
- Harris Teeter4.318.3 mi
- Chesapeake Square3.718.3 mi
- Harris Teeter4.416.2 mi
- Norfolk International Airport4.320.2 mi
- Newport News/Williamsburg International Airport4.43.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
Data retrieved from U.S. Census Bureau QuickFacts.