The median sale price of a home sold in the first quarter of 2017 in Newport News fell by $15,950 while total sales decreased by 10.2%, according to BlockShopper.com.
From January through March of 2017, there were 228 homes sold, with a median sale price of $154,000 – a 9.4% decrease over the $169,950 median sale price for the same period of the previous year. There were 254 homes sold in Newport News in the first quarter of 2016.
The median sales tax in Newport News for the most recent year with available data, 2015, was $3,024, approximately 2% of the median home sale price for the first quarter of 2017.
