Newport News, VA 23609 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
County Demographics
County Economy
Newport News, VA — 23609
Median Listing Price
--
Population
--
Households
76,112
Median Days on Market
--
Active Listings
--
New Listings
--
Housing Market
Units & Occupancy
2024 Occupancy
82K
units
Occupied
76,112
92.8%
Vacant
5,940
7.2%
2024 Tenure
76K
occupied
Owner
36,655
48.2%
Renter
39,457
51.8%
Renter Share
51.8%
-0.1% YoY
Total Housing Units
82,052
+0.2% YoY
FY2026 Fair Market Rent — Newport News city
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$1,492
/month
1 BR
$1,512
/month
2 BR
$1,713
/month
3 BR
$2,376
/month
4 BR
$2,797
/month
FMR Trends — Newport News city
Source: HUD Fair Market Rents
County Demographics
Median Age
34.4
2024
Population
Newport News city Population
183,056
-0.1% YoY
Households
Total Households
76,112
+0.4% YoY
Household Types
--
Not reported for this area (ACS).
Avg Household Size
2.33
-0.9% YoY
Age
2024 Age Mix
184K
residents
Under 18
42,782
23.2%
Adults 18–64
115,518
62.7%
65 & Over
25,916
14.1%
Age Composition Over Time
2017–2024
Population growth (first year = 100)
Share of population (change in pp)
Under 18
Adults 18–64
65 & Over
Population Under 18
42,782
-0.6% YoY
Population 65 & Over
25,916
+2.7% YoY
Median Age
34.40
+0.6% YoY
Mobility & Veterans
2024 Residential Mobility
of residents
Same house
85.8%
Moved (within US)
13.6%
Other
0.6%
Veterans
13.0%
-1.5% YoY
County Economy
Income
Median Household Income
$70K
+4.4% YoY
Per-Capita Income
$39K
+3.5% YoY
Mean Household Income
$90K
+3.2% YoY
Poverty
Below Poverty Level
14.5%
-4.0% YoY
Transportation to Work
2024 Commute Mode
of workers
Drove alone
74.0%
Public transit
1.6%
Worked from home
10.2%
Other
14.2%
Worked From Home
10.2%
+9.7% YoY
Mean Commute
23.10
-0.4% YoY
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