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Saturday, November 23, 2024

Newport News home prices fall in February 2017

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The median sale price of a home sold in February 2017 in Newport News fell by $36,436 while total sales decreased by 71.8%, according to BlockShopper.com.

In February 2017, there were 24 homes sold, with a median sale price of $128,464 - a 22.1% decrease over the $164,900 median sale price for the same period of the previous year. There were 85 homes sold in Newport News in February 2016.

The median sales tax in Newport News for the most recent year with available data, 2015, was $3,024, approximately 2.4% of the median home sale price for February 2017.

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