The housing in 23606 Newport News, VA is a great place to purchase a home. The median value for homes in this area is $304,400, which is slightly lower than the national median of $338,100. In addition, the 1 year appreciation rate of 12.39% for houses in this area is higher than the national average of 8.27%. This means that investing in real estate here can be very lucrative. With such promising prospects and moderate prices, 23606 Newport News, VA is an excellent place to consider when looking for a new home.
The median home cost in Newport News (zip 23606) is $304,400. Home appreciation the last 10 years has been 50.6%. Home Appreciation in Newport News (zip 23606) is up 16.3%.
Average Age of Homes
- The median age of Newport News (zip 23606) real estate is 37 years old
The Rental Market in Newport News (zip 23606)
- Renters make up 46.3% of the Newport News (zip 23606) population
- 2.2% of houses and apartments in Newport News (zip 23606), 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.