23608 Home Values & Market Trends

There are 57 homes currently listed for 23608. 23608 real estate market trends show that home prices range from $115,000 to $540,000, and the median sales price in the 23608 zip code is $273,621.3. The total number of properties sold within the past twelve months is 696. In 23608, 14 properties are in foreclosure, 4 are bank owned properties,and 10 are headed for auction.

Housing Market Summary for 23608

Mar 2023February 2024Change
Median Listing Price$292.7K$271.2K-7.35%
Median Sold Price$259.9K$271.2K4.35%
Homes For Sale405127.50%
Homes Sold364335-7.97%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 23608

The median list price of a home in Newport News, is $273,621.3. A total of 57 properties are for sale, and the percentage of properties for sale in the zip code is 57.00%. The total count of 23608 properties is 11,726.

Foreclosure
There is 1 cities within 23608; within this cities, the median estimated home value for homes in foreclosure ranges from $409,900 in newport news to the lowest value of $76,678 in newport news. Foreclosure homes account for 0.00% of properties in 23608 with newport news containing 62 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 23608 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 23608; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 23608 ranges from the highest value of $409,900 in newport news to the lowest value of $77,202 in newport news. Bank owned homes and properties account for 0.03% of properties in 23608. There is 1 cities within 23608; newport news containing 20 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    newport news has 42 auction properties, the highest number of properties going to auction in a single city in the state of 23608. Auction homes and other auction properties account for 0.09% of all properties in 23608. There is 1 cities within 23608; of that cities, the median estimated home value for homes going to auction ranges from $401,285 in newport news to the lowest value of $76,678 in newport news.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.49% of residential properties in 23608 with newport news containing 284 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 23608; homes for sale in that cities, have a range of median values from $2,450,000 in newport news to the lowest value of $55,055 in newport news.
    Sold Homes
    The median value for recently sold homes ranges from $1,738,727 in newport news to the lowest price of $30,003 in newport news. There is 1 cities within 23608. newport news has 1296 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.69% of properties in 23608.

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      Guide for 23608

      Market Reports
      Virginia Beach House Values Show Impressive Uptrend: Average Value Soars from $375k to $405k in 2023
      gavel for real estate auction
      Home Buying Guides & Tips
      Virginia Foreclosure Laws
      Wholesale
      4 Tips on How To Buy a House Wholesale
      Market Reports
      Columbus Real Estate Market Grows: Values Increases 4% April 2023 to February 2024
      See More Articles
      Virginia Beach House Values Show Impressive Uptrend: Average Value Soars from $375k to $405k in 2023
      Market Reports|posted 13 February 2024

      The property market in Virginia Beach, VA, has generally seen an increase in property values, per square foot values, and sold prices from 2022 to 2023. Factors such as economic growth and societal changes may contribute to this upward trend.

      gavel for real estate auction
      Virginia Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2015

      Virginia Foreclosure Laws

      4 Tips on How To Buy a House Wholesale
      Wholesale|posted 8 March 2024

      Looking to buy a house wholesale? Discover 4 essential tips to navigate the wholesale real estate market successfully.

      Columbus Real Estate Market Grows: Values Increases 4% April 2023 to February 2024
      Market Reports|posted 7 March 2024

      Columbus, Ohio, hosts a steadily growing and robust real estate market, characterized by increasing property values, a consistent number of sales, and diverse neighborhood options.