Why Live in Chestnut
Chestnut, a neighborhood in Newport News, Virginia, is known for its vibrant cultural scene centered around the Downing-Gross Cultural Arts Center, which hosts music, theater, film, dance, and art events. The Ella Fitzgerald Theater, a 276-seat venue within the center, is a local landmark. The area, part of the Yard District, features numerous murals, concerts, and art events, contributing to its artistic atmosphere. Chestnut's streets are laid out in a grid pattern between Interstate 64 and the James River, with modest homes, convenience stores, and small businesses lining the narrow one-way streets. Housing options include large four-bedroom American Foursquares, two-story farmhouse-style shotgun houses, and updated ranches, all set on small uniform lots with well-maintained sidewalks and flowering trees. The neighborhood is pedestrian-friendly, with small corner markets and convenience stores along Chestnut Avenue, and additional retail options on Jefferson Avenue in the nearby Huntington neighborhood. Dining options include the Bronx Deli and Skrimp Shack. Briarfield Park offers 49 acres of picnic areas, playgrounds, and lighted sports complexes. Residents also enjoy access to public fishing piers and boat docks at James River Dock. The neighborhood is well-connected, with bus stops and Amtrak service at the Newport News Station.
Home Trends in Chestnut, VA
On average, homes in Chestnut, Newport News sell after 123 days on the market compared to the national average of 70 days. The median sale price for homes in Chestnut, Newport News over the last 12 months is $899,000, up 112% from the median home sale price over the previous 12 months.
Median Sale Price
$899,000
Median Single Family Sale Price
$899,000
Median Townhouse Sale Price
$649,000
Average Price Per Sq Ft
$524
Number of Homes for Sale
2
Last 12 months Home Sales
19
Median List Price
$979,000
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
112%