Home prices
The value of the median home in Newington is $455,800. It is about $67,080 (12%) lower compared to other places in this area.In comparison to the entire nation it is about $238,300 (109%) higher, and compared to the city of Washington is roughly $145,700 (24%) lower.
Rents
In Newington the median monthly rent is $2,221. This is about $164 (6%) lower compared to other places in this area.It is roughly $1,159 (109%) higher compared to the country as a whole, and it is about $680 (44%) higher compared to the city of Washington.
Nearby places
Newington Forest
Newington Forest is Newington's neighbor to the west. Its real estate prices are fairly similar. The median home price in Newington Forest is $453,900, which is very similar to Newington. Its rents are similar. In Newington Forest the median monthly rent is $2,153, which works out to $68 (3%) lower than Newington.
Lorton
Lorton is Newington's neighbor to the south. Real estate prices there are similar. Lorton's median home price is $461,200, which works out to $5,400 (1%) higher than Newington. Its rents are a little less expensive. In Lorton the median rent is $1,912 a month, which comes out to $309 (16%) lower than Newington.
Franconia
Franconia is Newington's neighbor to the northeast. Real estate prices there are a bit less expensive. The median home value in Franconia is $421,100, which comes out to $34,700 (8%) lower than Newington. Its rents are a bit less expensive. Franconia's median monthly rent is $2,066, which is $155 (7%) lower than Newington.
Laurel Hill
Laurel Hill is Newington's neighbor to the southwest. Real estate prices there are a little more expensive. The median home in Laurel Hill costs $496,600, which works out to $40,800 (8%) higher than Newington. Its rents are pretty similar. The median rent in Laurel Hill is $2,294 a month, which works out to $73 (3%) higher than Newington.
Crosspointe
Crosspointe is about 3 miles west of Newington. The housing prices there are a lot more expensive. The median home in Crosspointe costs $781,600, which works out to $325,800 (41%) higher than Newington. Rent there is substantially more expensive. Crosspointe's median monthly rent is $3,501, which is $1,280 (36%) higher than Newington.