The story of this market
The typical home in ZIP 23608 sells for about $333,000, or $195 per square foot.
Prices are up +4.3% 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 $1,265 a month.
ZIP 23608 — Newport News
The 23608 housing market is currently competitive with a median sale price of $333,000, reflecting a 4.3% year-over-year increase. While demand remains steady with a 26-day median time on market, investors are cautioned to perform rigorous underwriting due to local economic headwinds. Several metrics, including specific tax rates and detailed demographic breakdowns, were not available at the ZIP level and are omitted.
This ZIP is suited for budget-conscious buyers and investors seeking a lower entry basis, though it requires careful due diligence regarding property-specific conditions.
Median prices moved up 4.3% year over year.
Homes spend a median of 26 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 99% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.5% · poverty 14.5% — a stable, low-distress profile.
ZCTA 23608, Newport News city, Virginia
The rental market in 23608 features a median rent of $1,601 per month, with investors advised to maintain tight underwriting due to vacancy and delinquency considerations.
The area is part of the broader Newport News economy, which is heavily influenced by the defense, shipbuilding, and maritime industries.
Data retrieved from Census Reporter profile for ZCTA 23608.
- Busch Gardens Williamsburg4.48 mi
- Great Wolf Lodge | Williamsburg4.317.1 mi
- Water Country USA4.49.3 mi
- Funplex Trampoline Park.4.78.7 mi
- Hampton Virginia Aquaplex4.111.6 mi
- Hampton Coliseum4.411.9 mi
- Hampton Roads Convention Center4.611.8 mi
- Warhill Sports Complex4.717.3 mi
- Boo Williams Sportsplex4.310.7 mi
- Golden Corral Buffet & Grill413.3 mi
- Busch Gardens Williamsburg4.48 mi
- Colonial Williamsburg4.611.8 mi
- Water Country USA4.49.3 mi
- AMC Hampton Towne Centre 244.49 mi
- Virginia Living Museum4.76.6 mi
- Colonial Williamsburg4.611.8 mi
- Jamestown Settlement4.714.4 mi
- Virginia Living Museum4.76.6 mi
- American Revolution Museum at Yorktown4.85.9 mi
- Historic Jamestowne4.713.8 mi
- Chippokes State Park4.711.7 mi
- Newport News Park4.72.9 mi
- Yorktown Battlefield4.75.6 mi
- Sandy Bottom Nature Park4.68 mi
- City of Newport News Riverview Farm Park4.74.5 mi
- The Surry Seafood Co.4.314.9 mi
- Hampton Yacht Club4.614.1 mi
- Salt Ponds Marina Resort4.315.5 mi
- York River Yacht Haven4.87.7 mi
- MWR Norfolk Naval Sailing Center and Marina4.518.6 mi
- Kingsmill Resort4.48.7 mi
- Golden Horseshoe Golf Club4.511.9 mi
- Kiln Creek Golf Club and Resort4.53.9 mi
- James River Country Club4.67.1 mi
- The Green Course at Golden Horseshoe Golf Club4.511 mi
- Patrick Henry Mall4.23.7 mi
- Harris Teeter4.410.5 mi
- Colonial Williamsburg's Merchants Square4.712.4 mi
- T.J. Maxx4.22 mi
- Kohl's4.22.2 mi
- Norfolk International Airport4.325.9 mi
- Newport News/Williamsburg International Airport4.42.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).