The median value of housing in 23604 Newport News, VA is $277,300, which is lower than the US median house value of $338,100. However, the one-year appreciation rate for housing in this area was 12.39%, higher than the US appreciation rate of 8.27%. This indicates that investing in housing in 23604 Newport News, VA can be a good option for potential homeowners and investors alike as it offers higher returns as compared to the US market overall.
The median home cost in Newport News (zip 23604) is $277,300. Home appreciation the last 10 years has been 50.6%. Home Appreciation in Newport News (zip 23604) is up 16.3%.
Average Age of Homes
- The median age of Newport News (zip 23604) real estate is 13 years old
The Rental Market in Newport News (zip 23604)
- Renters make up 85.4% of the Newport News (zip 23604) population
- 5.2% of houses and apartments in Newport News (zip 23604), 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.