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Virginia Beach, Norfolk, Newport News Metro Area Housing

 

As of 2010-2014, median price of a house in Virginia Beach, Norfolk, Newport News Area is $235,900, which is higher than the national average of $175,700. The median year that a house in Virginia Beach, Norfolk, Newport News Area was built is 1980, which is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 390,053 Owner Occupied Houses in Virginia Beach, Norfolk, Newport News Area, #68
Virginia Beach, Norfolk, Newport News Area
235,900 USD
U.S.
175,700 USD
Median House Price Growth Since 2005-2009, see rank
Virginia Beach, Norfolk, Newport News Area
0.98%
U.S.
46.91%

*The Virginia Beach, Norfolk, Newport News Area median house price growth rate is since 2005-2009. The and U.S population growth rate is since 2000.
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Virginia Beach, Norfolk, Newport News Area%U.S.
Total Housing Units696,858, see rank100%132,741,033
Occupied Housing Units626,97489.97%, see rank87.55%
Owner Occupied390,05355.97%, see rank56.34%
Renter Occupied236,92134.00%, see rank31.21%
Vacant Housing Units69,88410.03%, see rank12.45%
For Rent19,0882.74%, see rank2.34%
For Sale Only8,5031.22%, see rank1.20%
Rented or Sold, Not Occupied8,3101.19%, see rank0.92%
For Seasonal, Recreational, or Occasional Use13,4211.93%, see rank3.97%
For Migrant Workers630.01%, see rank0.03%
Other Vacant20,4992.94%, see rank4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #266
Virginia Beach, Norfolk, Newport News AreaU.S.
19801976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Virginia Beach, Norfolk, Newport News Area%U.S.
Owner-Occupied Units390,053100%74,787,460
With a Mortgage293,33975.20%, see rank65.58%
Without a Mortgage96,71424.80%, see rank34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Virginia Beach, Norfolk, Newport News Area
1,699 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsVirginia Beach, Norfolk, Newport News Area%U.S.
$299 or Less5920.20%, see rank0.20%
$300 to $4992,6420.90%, see rank1.59%
$500 to $6996,8952.35%, see rank5.01%
$700 to $99924,7098.42%, see rank14.32%
$1,000 to $1,49977,02026.26%, see rank27.90%
$1,500 to $1,99981,14127.66%, see rank20.35%
$2,000 to $2,99975,55325.76%, see rank19.52%
$3,000 or More24,7878.45%, see rank11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Virginia Beach, Norfolk, Newport News Area
25.40% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Virginia Beach, Norfolk, Newport News Area%U.S.
10% or Less13,3954.57%, see rank5.86%
10% to 20%82,29128.05%, see rank31.95%
20% to 30%85,51229.15%, see rank27.64%
30% to 40%47,84816.31%, see rank13.74%
40% or More62,96721.47%, see rank20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Virginia Beach, Norfolk, Newport News Area
515 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsVirginia Beach, Norfolk, Newport News Area%U.S.
$199 or Less3,9194.05%, see rank7.76%
$200 to $2998,5308.82%, see rank14.70%
$300 to $49933,42534.56%, see rank34.63%
$500 to $69929,12430.11%, see rank21.16%
$700 or More21,71622.45%, see rank21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Virginia Beach, Norfolk, Newport News Area
12.10% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Virginia Beach, Norfolk, Newport News Area%U.S.
10% or Less39,58240.93%, see rank40.19%
10% to 20%31,43332.50%, see rank31.47%
20% to 30%11,60712.00%, see rank12.24%
30% to 40%4,8785.04%, see rank5.64%
40% or More8,0288.30%, see rank9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Virginia Beach, Norfolk, Newport News Area%U.S.
Total Housing Units696,858100%132,741,033
1-unit, Detached422,74260.66%, see rank61.65%
1-unit, Attached82,95011.90%, see rank5.82%
2 Units15,6522.25%, see rank3.75%
3 or 4 Units32,1124.61%, see rank4.43%
5 to 9 Units53,9927.75%, see rank4.78%
10 or More Units71,36010.24%, see rank13.08%
Mobile Home, Boat, RV, Van, etc.18,0502.59%, see rank6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Virginia Beach, Norfolk, Newport News Area%U.S.
Total Housing Units696,858100%132,741,033
1 Room16,0192.30%, see rank1.95%
2 Rooms8,5171.22%, see rank2.48%
3 Rooms42,5376.10%, see rank9.13%
4 Rooms103,77114.89%, see rank16.60%
5 Rooms126,51718.16%, see rank20.41%
6 Rooms124,52217.87%, see rank18.06%
7 Rooms101,08314.51%, see rank12.27%
8 Rooms82,79211.88%, see rank8.48%
9 Rooms or More91,10013.07%, see rank10.60%
Median Rooms5.90, see rank-5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Virginia Beach, Norfolk, Newport News Area%U.S.
Total Housing Units696,858100%132,741,033
No Bedroom16,4102.35%, see rank2.17%
1 Bedroom49,6227.12%, see rank11.16%
2 Bedrooms169,93024.39%, see rank26.69%
3 Bedrooms283,00240.61%, see rank39.70%
4 Bedrooms142,86520.50%, see rank16.05%
5 or More Bedrooms35,0295.03%, see rank4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Virginia Beach, Norfolk, Newport News Area%U.S.
Total Housing Units626,974100%116,211,092
Utility Gas245,47439.15%, see rank48.85%
Bottled, Tank, or LP Gas13,8622.21%, see rank4.86%
Electricity337,30053.80%, see rank36.68%
Fuel Oil, Kerosene, etc.22,6543.61%, see rank5.86%
Coal or Coke420.01%, see rank0.12%
Wood3,9630.63%, see rank2.12%
Solar Energy740.01%, see rank0.05%
Other Fuel1,6290.26%, see rank0.47%
No Fuel Used1,9760.32%, see rank1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalVirginia Beach, Norfolk, Newport News Area%U.S.
Occupied Units Paying Rent228,687100%39,201,928
$199 or Less4,1681.82%, see rank1.50%
$200 to $2995,4612.39%, see rank3.18%
$300 to $4998,1663.57%, see rank7.37%
$500 to $69914,5716.37%, see rank16.01%
$700 to $99964,13028.04%, see rank29.17%
$1,000 to $1,49989,67339.21%, see rank26.88%
$1,500 to $1,99930,87113.50%, see rank9.79%
$2,000 or More11,6475.09%, see rank6.10%
Median$1,082, see rank-$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Virginia Beach, Norfolk, Newport News Area%U.S.
Occupied Housing Units626,974100%116,211,092
No Vehicles Available41,1216.56%, see rank9.12%
1 Vehicles Available202,09232.23%, see rank33.80%
2 Vehicles Available242,41438.66%, see rank37.48%
3 or More Vehicles Available141,34722.54%, see rank19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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