23608, Newport News, VA

The 23608 zip code of Newport News, VA is located in the Hampton Roads region of Virginia. The median home value in this zip code is $216,000 and the median home equity is $146,000. This zip code has a population of about 107,000 people and the median age is about 37 years old.

There are a number of factors that affect home prices in a given area including location, size and condition of the homes available for sale, interest rates and other market conditions. However, one of the most important factors affecting home prices is whether or not there are any foreclosures or short sales in the area. If there are a lot of homes for sale that have been foreclosed on or are considered to be in foreclosure status then prices will likely be lower than if there are fewer homes for sale that have been affected by these types of issues.

One reason that home prices have been increasing in Newport News over the past few years is because there has been an increased demand for housing due to an influx of new residents and businesses moving into this region. Additionally, interest rates have remained relatively low throughout this period which has helped to boost homeownership rates and increase property values overall.