Housing, rent, and a comparison to the US average.
The median home value in Newport News, VA is $294,407 as of 2026-04. That places Newport News below the US average for housing cost, with a cost index of approximately 83 versus a national baseline of 100.
Over the past 12 months, the median home value in Newport News has moved sideways, and over the past five years it has averaged +6.1% annual growth. The current price sits +0.0% from its 5-year peak in 2026-04.
Renters pay a median of $1,593 per month in Newport News. Rents have changed +7.2% over the last year and averaged +7.2% per year over five years.
Beyond housing, day-to-day costs in Newport News are shaped by state and local taxes, utility rates, transportation, and groceries. This page focuses on the housing component, which is the largest single line in most household budgets and the easiest to compare across cities using consistent national data.
Housing
| Median home value | $294,407 |
| 1-year change | +1.7% |
| 5-year CAGR | +6.1% |
| 10-year CAGR | +5.6% |
| vs 5-year peak | +0.0% |
Source: Zillow Home Value Index (ZHVI).
How Newport News compares
| Cost index | 83 (below US) |
| Median home vs US (~$355k) | -17.1% |
| Population | 183,056 |
| Momentum score | 68 (Rising) |
Cost index is currently a housing-only proxy; full BLS basket coming with ACS pull.
Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.