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Saturday, November 23, 2024

Newport News home prices fall in April 2017

Re 6

The median sale price of a home sold in April 2017 in Newport News fell by $28,000 while total sales increased by 140.7%, according to BlockShopper.com.

In April 2017, there were 207 homes sold, with a median sale price of $157,000 - a 15.1% decrease over the $185,000 median sale price for the same period of the previous year. There were 86 homes sold in Newport News in April 2016.

The median sales tax in Newport News for the most recent year with available data, 2015, was $3,024, approximately 1.9% of the median home sale price for April 2017.

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