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Saturday, November 23, 2024

Newport News home prices fall in March 2017

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The median sale price of a home sold in March 2017 in Newport News fell by $10,550 while total sales increased by 58.8%, according to BlockShopper.com.

In March 2017, there were 162 homes sold, with a median sale price of $159,450 - a 6.2% decrease over the $170,000 median sale price for the same period of the previous year. There were 102 homes sold in Newport News in March 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 March 2017.

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