Why Live in Newsome
Bound by Interstate 664 to the north and Route 60 to the south, Newsome is a primarily residential neighborhood located just outside of downtown Newport News. “There’s so much accessibility in that area,” says Jessica Concepcion, an associate with Re/Max Peninsula who has lived in Newport News for over two decades. “Being so close to major roadways expands your network into all of Hampton Roads.” Plus, this small community offers more affordable home prices than surrounding areas, making it comparatively accessible to first-time homebuyers and tenured residents alike. “The rates are very affordable,” Concepcion says. “It’s a reasonable area to buy and invest in.” In Newsome, modest homes sit on sidewalk-lined streets. The land is flat, above-ground powerlines cast shadows onto grassy front lawns and sporadic trees dot roadsides. “There’s so much potential in that area for a first-time homebuyer,” Concepcion says. Those looking to purchase a property in Newsome can find shotgun-style houses, Colonial Revivals or bungalows that may need repairs for about $145,000 to $200,000. Homes with updated interiors can cost $215,000 to $270,000, while recently built New Traditional homes run
Home Trends in Newsome, VA
On average, homes in Newsome, Newport News sell after 58 days on the market compared to the national average of 51 days. The median sale price for homes in Newsome, Newport News over the last 12 months is $223,900, up 2% from the median home sale price over the previous 12 months.
Median Sale Price
$223,900
Median Single Family Sale Price
$214,500
Average Price Per Sq Ft
$158
Number of Homes for Sale
8
Last 12 months Home Sales
42
Median List Price
$235,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
2%