Zip 23601 (Newport News, VA) Housing

The housing market in 23601 Newport News, VA is thriving. The median value of homes in the area is $242,700, which is significantly lower than the national median of $338,100. However, the one year appreciation rate for houses in 23601 Newport News is 12.39%, which is higher than the US average of 8.27%. This suggests that there is a growing demand for housing in the area, and that it's an attractive option for potential homebuyers and investors alike.

The median home cost in Newport News (zip 23601) is $242,700. Home appreciation the last 10 years has been 50.6%. Home Appreciation in Newport News (zip 23601) is up 16.3%.

Average Age of Homes

- The median age of Newport News (zip 23601) real estate is 50 years old

The Rental Market in Newport News (zip 23601)

- Renters make up 41.1% of the Newport News (zip 23601) population
- 2.6% of houses and apartments in Newport News (zip 23601), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Newport News, Virginia	United States
	12,618.0	139,647,020.0
	52	42
	$242,700	$338,100
	16.3%	16.6%
	45.1%	57.0%
	50.6%	101.1%
	$11.69	$10.98
	$2,340	$2,690
	48.5%	57.4%
	7.6%	11.2%
	43.9%	31.4%
Vacant Housing
	2.6%	1.9%
	0.4%	0.4%
	0.8%	0.7%
	1.4%	0.4%
	0.0%	3.6%
	2.5%	4.1%
Value of Owner-Occupied Housing
	1.4%	2.6%
	0.2%	2.4%
	0.0%	2.8%
	0.6%	3.9%
	1.1%	4.5%
	11.4%	11.3%
	35.3%	13.0%
	34.3%	20.1%
	9.9%	13.6%
	2.3%	8.3%
	1.1%	9.7%
	1.2%	3.9%
	1.1%	2.2%
	0.1%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.0%	13.6%
	6.0%	13.6%
	8.2%	13.6%
	12.3%	13.2%
	14.6%	14.8%
	8.2%	13.6%
	19.4%	10.0%
	6.3%	4.7%
	6.5%	12.2%

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