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

Market Summary

Reed, Newport News City, VA

Median Home Price Price

$156,042 $156K

Median Monthly Rent Rent

$1,695 $1.7K

GRM

8.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Reed, VA is $1,695, with MoM change +$22 and YoY change +$183 pointing to positive momentum while volatility is low (std $48).

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Metric

Base market Reed, VA

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Delta vs base

Median rent

$1,695

N/A

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Median price

$156,042

N/A

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YoY change

+$183

N/A

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Price-to-rent

7.7x

Data unavailable

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