Median price for residential apartments in Newport News, VA as of Jan, 2023.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
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2,203 Newport News, VA, USA apartments for sale
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Housing Trends
How much does an apartment cost in Newport News, VA, USA
Average apartment sale in Newport News: $305,444 (+1.2%)
| Apartment Size | Jan | vs Last Month |
|---|---|---|
| Studio apartments | $70,865 | +21.3% |
| 1-bed apartments | $72,500 | -6.5% |
| 2-bed apartments | $174,389 | +3.7% |
| 3-bed apartments | $232,394 | +0.4% |
| 4+ bed apartments | $413,620 | +0.5% |
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.
| Listing Type | Jan | vs Last Month |
|---|---|---|
| Lofts for sale | $255,000 | +0% |
| Land for sale | $52,645 | -5.1% |
| Houses for sale | $321,861 | +1.6% |
| Condos for sale | $219,950 | +29.4% |
| Townhouses for sale | $236,250 | +0% |
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.
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