Newmarket, Newport News City, VA Housing Trends, Rent, Price-to-Rent

Market Summary

Newmarket, Newport News City, VA

Median Home Price Price

$218,191 $218.2K

Median Monthly Rent Rent

$1,724 $1.7K

GRM

11.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Newmarket, VA is $1,724, with MoM change +$16 and YoY change +$146 pointing to positive momentum while volatility is low (std $37).

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Metric

Base market Newmarket, VA

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Delta vs base

Median rent

$1,724

N/A

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Median price

$218,191

N/A

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YoY change

+$146

N/A

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Price-to-rent

10.5x

Data unavailable

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