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 Units by Size|
|Five Bedrooms or more||1.80%|
Owned Homes, Apartments and Condos
|Average Household Size||2.66|
|Median year structure was built||1971|
|Median Value of occupied units||$96,400|
|Median Price asked for vacant units||$82,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.33|
|Median year structure was built||1975|
|Median Monthly Rent asked for vacant units||$457|
Owners Finance Status
|Second Mortgage & Equity Loan||0.30%|
|Home Equity Loan||7.10%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||20.5%|