During Jan 2023, the average price for an apartment in/near Newport News, VA increased by 1.2% to $305,444.
Knowing the current property prices is key if you plan to buy a studio in Newport News, VA. The average price for a studio has increased since the last month, currently being $70,865. After collecting all data points, we now see that the average price for 1-bed apartment decreased by 6.5% to $72,500. Asking price for 2-bed apartment also increased by 3.7% and a place of this size will now cost you $174,389. A 3-bed apartment goes for $232,394, it increased by 0.4% lately. We discerned the rise of 4- and more bed apartment price. It increased by 0.5% and made it up to $413,620.
Price reports demonstrate that house price increased by 1.6% this month making it up to $321,861. Condos are really in demand in this season. The median price for a condo increased by 29.4%, it’s now available for $219,950. The price statistics of lofts have not significantly changed, it now still goes for $255,000. Value of the townhouses didn’t change, the price still starts at $236,250. The average price of the land for sale in Newport News, VA has decreased by 5.1%, and now equals $52,645.