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Foreclosure Homes in Newport News, VA

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Newport News, VA Foreclosures

How much do homes sell for in Newport News, VA?
The average home price is currently $383,371.
In Newport News, VA, how many homes are available?
There are currently 465 active home listings available in Newport News.
What’s the average rental cost in Newport News, VA?
The average rental price in Newport News is $1,453.
What is the most expensive home in Newport News?
The most expensive home sold in Newport News had a price of $117,322,520.
What is currently the cheapest priced home in Newport News, VA?
The cheapest home for sale in Newport News is priced at $10,024.

Living in Newport News, VA

Newport News is a historical city on the Virginia Peninsula that boasts a rich maritime history and a range of amenities. It offers plenty of parks and cultural institutions, making it an attractive destination for families and professionals. Its strategic location provides easy access to nearby cities and recreational activities.

Current Market Conditions in Newport News, VA

The real estate market in Newport News has shown robust activity with a steady increase in home values. The demand for housing has been strong, particularly due to the area's historical significance and proximity to major employers.

Home Value Estimator For Newport News, VA

There are currently 49,355 real estate properties in Newport News, VA, with a median automated valuation model (AVM) price of $294,403.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Newport News, VA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Newport News, VA, is $383,371.00, with the most expensive house in Newport News, VA, topping out at $117,322,520.00 and the cheapest home in Newport News, VA, clocking in at $10,024.00. In other words, there’s something for every potential homebuyer or savvy investor in Newport News, VA!

Rent Prices In Newport News, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Newport News, VA, is on a rollercoaster ride. The average rent price in Newport News, VA, is $1,453.00. Indeed, when looking to rent in Newport News, VA, you can expect to pay as little as $620.00 or as much as $5,140.00, with the average rent median estimated to be $1,410.00. The good news is that finding an affordable and desirable property to rent in Newport News, VA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Newport News, VA Foreclosures

Market Trend for Newport News, VA

Total Listings Available: 465

Market Values:

Home Prices from $10,024 to $117,322,520

Average Sales Price: $383,371

Rental Values:

Rental from $620 to $5,140

Average Rent Value: $1,453 / month

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