MyMarketPulse (mymarketpulse.com) recently disclosed its May 2024 findings on the housing market conditions in Newport News, Virginia.
According to the latest data, Newport News’s Median Sale Price was pegged at $310,000, showing a decrease of 0.3% from the preceding month and a rise of 6.9% from the year before.
167 homes were sold, an increase 0.6% from the previous month and a decrease of 2.3% from the prior year.
Additionally, the Median Days on Market for listings was observed at 21 day, 1 day longer compared to the previous month and longer by 1 day from last year.
The Market Pulse Score for Newport News comes in at 112, pointing to a rising trend within the local real estate market.
For more information about the Newport News, Virginia market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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