Newport News, VA Real Estate

According to census data in the year 2000 there were 74,117 housing units in Newport News. This represents a 6.3% growth from 69,728 in 1990.

Of those housing units, 74,075 were located in either urbanized areas or urban clusters, and 42 were located in what is classified as a rural area.

Homeownership rate in Newport News is about 52.4%. Newport News's vacancy rate, including seasonal lodging, is about 6%. Average household size is 2.5 people.

The majority of houses, apartments or condos in Newport News were built after 1973.


Housing Size

Housing Units by Size
Studio Type2.30%
One Bedroom12.70%
Two Bedrooms30.50%
Three Bedrooms38.90%
Four Bedrooms13.70%
Five Bedrooms or more1.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.66
Median year structure was built1971
Median Value of occupied units$96,400
Median Price asked for vacant units$82,000

Rented Homes, Apartments and Condos

Average Household Size2.33
Median year structure was built1975
Median Monthly Rent asked for vacant units$457

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage10.70%
Home Equity Loan7.10%
Simple Mortgage58.90%
Debt Free22.90%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs20.5%