The story of this market
The typical home in ZIP 23601 sells for about $312,500, or $189 per square foot.
Prices are up +5.9% from a year ago, so sellers still have some momentum. Homes take about 26 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,340 a month.
ZIP 23601 — Newport News
The 23601 housing market remains competitive with steady demand and rising prices, driven by the area's central location and stable employment base. While inventory remains tight, the market is showing resilience with consistent year-over-year price growth. Figures for specific metrics like active inventory and price cuts are based on broader Newport News market data where ZIP-specific reports were not available.
This ZIP is well-suited for families, military personnel, and commuters seeking established neighborhoods with central access to the Peninsula's major employment and transit corridors.
Median prices moved up 5.9% year over year.
Homes spend a median of 26 days on market with 2.5 months of supply — a fast-moving market.
8% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.5% · poverty 10.3% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 23601, Newport News City, VA
Crime trends in Newport News are generally monitored at the city level, with the area experiencing typical urban challenges; specific localized data for 23601 is not determinable.
Schools serving the 23601 area are part of the Newport News Public Schools district, which provides a range of educational options; specific school ratings vary by individual campus.
The area is subject to standard coastal Virginia climate risks, including potential for storm surge and wind events; property insurance availability and premiums are influenced by these regional hazard profiles.
Newport News maintains a stable economic base anchored by shipbuilding and defense industries, with ongoing development projects focused on urban revitalization and infrastructure improvements.
Property taxes are assessed by the City of Newport News based on fair market value; specific exemptions and district-level levies are determined by city ordinance.
Residents in 23601 benefit from central access to major regional corridors including I-64, facilitating commutes to employment hubs in Newport News, Hampton, and Norfolk.
The area features access to local parks, community centers, and proximity to the James River waterfront, providing diverse outdoor and leisure opportunities.
The rental market in 23601 is characterized by steady demand from a mix of military personnel, students, and local workers, with moderate vacancy pressure.
The economy is heavily influenced by the defense sector, specifically Huntington Ingalls Industries, alongside healthcare and regional government services.
The area is served by HRT bus routes and provides direct access to I-64, connecting the Peninsula to the broader Hampton Roads region.
Ongoing city-led initiatives focus on the redevelopment of older commercial corridors and the expansion of mixed-use residential projects.
The City of Newport News Assessor's Office conducts periodic reassessments to align property values with current market conditions.
Parcels are subject to city-wide school and utility district levies; no specific MUD/PID districts are prevalent.
Property insurance premiums are reflective of the coastal risk profile, with flood insurance often required for properties in low-lying zones.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Busch Gardens Williamsburg4.416.6 mi
- Water Country USA4.418.1 mi
- Funplex Trampoline Park.4.73.2 mi
- Hampton Virginia Aquaplex4.14.8 mi
- Sky Zone Trampoline Park3.74.3 mi
- Hampton Coliseum4.45.1 mi
- Norfolk Scope Arena4.416.3 mi
- Chartway Arena4.514.2 mi
- Hampton Roads Convention Center4.65 mi
- Chrysler Hall4.516.4 mi
- AMC Hampton Towne Centre 244.43.3 mi
- Virginia Living Museum4.72.4 mi
- Buckroe Beach and Park4.610.1 mi
- Cinemark City Center and XD4.53.4 mi
- Virginia Air & Space Science Center4.57.2 mi
- Virginia Living Museum4.72.4 mi
- Chrysler Museum of Art4.815.9 mi
- Nauticus4.716.3 mi
- USS Wisconsin BB-644.816.3 mi
- American Revolution Museum at Yorktown4.814.2 mi
- Buckroe Beach and Park4.610.1 mi
- Newport News Park4.711.6 mi
- Sandy Bottom Nature Park4.62.7 mi
- Bluebird Gap Farm4.74.8 mi
- City of Newport News Riverview Farm Park4.74.8 mi
- VIG Portsmouth3.413 mi
- Hampton Yacht Club4.67.2 mi
- Tidewater Yacht Marina4.716.6 mi
- Salt Ponds Marina Resort4.310.4 mi
- Bay Point Marina4.517.9 mi
- Riverfront Golf Club4.410.9 mi
- Kiln Creek Golf Club and Resort4.55.7 mi
- Sewells Point Golf Course4.313 mi
- James River Country Club4.62.3 mi
- Newport News Golf Club at Deer Run3.810.4 mi
- Patrick Henry Mall4.25.4 mi
- Navy Exchange Main4.511.1 mi
- T.J. Maxx4.26.9 mi
- Publix Super Market at Bartlett Station4.57.3 mi
- Kohl's4.26.7 mi
- Norfolk International Airport4.318.1 mi
- Naval Air Station Oceana4.329.2 mi
- Newport News/Williamsburg International Airport4.46.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Features beach access, rose gardens, and recreational facilities.
A major regional attraction focusing on native wildlife and science education.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).