Home prices
The price of the median home in Newport News is $194,000. This is about $77,220 (28%) lower in comparison to the surrounding areas.In comparison to the country as a whole it is about $23,500 (10%) lower, and in comparison to the city of Virginia Beach it is roughly $86,800 (30%) lower.
Rents
The median rent in Newport News is $1,057 a month. It is roughly $169 (13%) lower compared to other places in this area.It is is very similar compared to the entire country, and in comparison to the city of Virginia Beach it is about $310 (22%) lower.
Nearby places
Hampton
Hampton is Newport News's neighbor to the southeast. Its housing prices are similar. Hampton's median home price is $186,700, which works out to $7,300 (3%) lower than Newport News. The rent there is a little more expensive. The median monthly rent in Hampton is $1,118, which is $61 (5%) higher than Newport News.
Bethel Manor
Bethel Manor is roughly 4 miles east from Newport News. Housing prices there are significantly less expensive. The median home price in Bethel Manor is $132,400, which comes out to $61,600 (46%) lower than Newport News. The rent there is significantly more expensive. Bethel Manor's median rent is $1,699 per month, which comes out to $642 (37%) higher than Newport News.
Rushmere
Rushmere is roughly 7 miles west from Newport News. Its housing prices are a little more expensive. The cost of the median home in Rushmere is $234,700, which works out to $40,700 (17%) higher than Newport News. Rent there is pretty similar. Rushmere's median rent is $1,094 per month, which comes out to $37 (3%) higher than Newport News.
Poquoson
Poquoson is roughly 7 miles east from Newport News. Its real estate prices are a lot more expensive. The median home in Poquoson costs $323,100, which comes out to $129,100 (39%) higher than Newport News. Its rents are somewhat more expensive. The median monthly rent in Poquoson is $1,222, which is $165 (13%) higher than Newport News.
Yorktown
Yorktown is approximately 9 miles north from Newport News. Its housing prices are a lot more expensive. The price of the median home in Yorktown is $479,200, which works out to $285,200 (59%) higher than Newport News. Rent there is a bit less expensive. The median monthly rent in Yorktown is $999, which comes out to $58 (5%) lower than Newport News.