Real Estate Market Update for Newport News, VA
Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was down 39% from one year earlier, and down 24% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just over 200-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 54%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 210-thousand dollars. The number of units sold increased 86% year-over-year, and increased 86% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Newport News, VA

Area Information for Newport News, VA
  • Population: 181,710
  • Median Age: 35.12 yr
  • Median Commute Time: 23 mins
  • Educational Climate*: 3
  • Sales Tax: 0%
  • Population Density: 2,642/sq mi
  • Population Change Since 2000: 2.04%
  • Closest Airport: Newport News/williamsburg International
  • Closest College: Christopher Newport University
  • Closest Jr. College: Thomas Nelson Community College
  • Median Household Income: $50,112
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $197,000
  • Closest Major Sports Team: Norfolk Tides (aaa)
  • Change Avg. Household Income Since 2000: 40.87%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Newport News, VA
Median Age: 35.12 Married: 32% Number of Households: 71,240 Households with Children: 20,418
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Newport News, VA

      School Name Distance Type Grades School Rating Parent Rating
      Hampton Roads International Montessori School 0.6 mi Private PRESCHOOL-5 0 0
      Newport News & York County Governor's Health Science Academy 0.7 mi Public 9-12 0 0
      Richard T. Yates Elementary School 0.7 mi Public K-5 1 0
      Ethel M. Gildersleeve Middle School 0.9 mi Public 6-8 1 0
      Deer Park Elementary School 1.3 mi Public K-5 5 0
      East End Academy 1.3 mi Private K-12 0 0
      L.f. Palmer Elementary School 1.5 mi Public K-5 1 0
      Enterprise Academy/newport News City 1.6 mi Public 3-12 0 0
      Point Option Alternative School 1.6 mi Public 9-12 0 0
      Hampton Roads Academy 1.6 mi Private PRESCHOOL-12 0 0
      Hidenwood Elementary School 1.6 mi Public K-5 0 0
      Resurrection Lutheran School & Child Care 1.7 mi Private PRESCHOOL-PRESCHOOL 0 0
      Denbigh Baptist Christian School 1.9 mi Private PRESCHOOL-12 0 0
      Watkins Early Childhood Center 1.9 mi Public PRESCHOOL-PRESCHOOL 0 0
      Riverside Elementary School 2.0 mi Public K-5 1 0
      Peninsula Catholic High School 2.0 mi Catholic 8-12 0 5
      Joseph H. Saunders Elementary School 2.1 mi Public K-5 0 0
      Menchville High School 2.2 mi Public 9-12 2 4
      Warwick High School 2.3 mi Public 9-12 1 3
      Gatewood Academy 2.3 mi Public PRESCHOOL-PRESCHOOL 0 0
      Our Lady Of Mount Carmel 2.4 mi Catholic PRESCHOOL-8 0 0
      Willis A. Jenkins Elementary School 2.4 mi Public K-5 1 0
      B.c. Charles Elementary School 2.5 mi Public K-5 1 0
      Kiln Creek Elementary School 2.7 mi Public K-5 2 0
      Center For Autism 2.7 mi Public K-5 0 0
      First Baptist Church Denbigh Child Development Center & Academy 2.9 mi Private PRESCHOOL-6 0 0
      Homer L. Hines Middle School 3.2 mi Public 6-8 0 0
      Warwick River Christian School 3.3 mi Private PRESCHOOL-4 0 0
      Aviation Academy 3.4 mi Public 9-12 0 0
      T. Ryland Sanford Elementary School 3.5 mi Public K-5 1 5
      Sedgefield Elementary School 3.6 mi Public K-5 0 0
      Hilton Elementary School 4.2 mi Public K-5 4 0
      Denbigh High School 4.2 mi Public 9-12 0 3
      Horace H. Epes Elementary School 4.6 mi Public K-5 0 0
      Crittenden Middle School 4.7 mi Public 6-8 1 0
      Carver Elementary School 4.7 mi Public K-5 0 0
      George J. Mcintosh Elementary School 4.8 mi Public K-5 0 0
      Denbigh Christian Academy 4.8 mi Private PRESCHOOL-K 0 0
      Warwick Kids Academy 4.9 mi Private PRESCHOOL-K 0 0
      R.o. Nelson Elementary School 5.0 mi Public K-5 3 0
      David A. Dutrow Elementary School 5.3 mi Public K-5 1 0
      Richneck Elementary School 5.3 mi Public K-5 1 0
      Mary Passage Middle School 5.6 mi Public 6-8 1 0
      Oliver C. Greenwood Elementary School 5.6 mi Public K-5 0 0
      Woodside High School 5.7 mi Public 9-12 2 4
      Newport Academy 5.7 mi Public PRESCHOOL-K 0 0
      New Horizon Woodside Campus 5.7 mi Public PRESCHOOL-PRESCHOOL 0 0
      Trinity Lutheran School 5.9 mi Private PRESCHOOL-8 0 0
      Heritage High School 6.4 mi Public 9-12 0 3
      Huntington Middle School 6.4 mi Public 6-8 0 0
      Heritage High School Governor's Stem Academy 6.4 mi Public 9-12 0 0
      Denbigh Early Childhood Center 6.5 mi Public PRESCHOOL-PRESCHOOL 0 0
      Achievable Dream Middle/high School 6.5 mi Public 6-12 3 4
      J.m. Dozier Middle School 6.6 mi Public 6-8 0 0
      General Stanford Elementary School 6.8 mi Public K-5 4 0
      Newsome Park Elementary School 7.2 mi Public 1-5 0 0
      B.t. Washington Middle School 7.6 mi Public 6-8 4 0
      John Marshall Early Childhood Center 8.1 mi Public PRESCHOOL-K 0 0
      Lee Hall Elementary School 8.5 mi Public K-5 1 0
      Lee Hall Early Childhood Center 8.5 mi Public PRESCHOOL-PRESCHOOL 0 0
      Discovery Stem Academy 8.6 mi Public K-5 0 5
      Achievable Dream Academy 8.6 mi Public K-5 2 3
      Calvary Seventh-day Adventist School 8.6 mi Private K-8 0 0
      Keystone Academy 9.6 mi Private 6-12 0 0
      Green Elementary 146.9 mi Public K-5 1 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.
      Local Weather for Newport News, VA
        Data powered by Attom Data Solutions. Copyright© 2020. Information deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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