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These days, finding an affordable place to live in the Newmarket South area can be challenging. Home prices in Newmarket South are now at a median cost of $152,095, lower than the Newport News average of $197,836.
The average cost of rent is $656/mo in Newmarket South, primarily driven by the current value of real estate in the Newmarket South area. While nearly 25.91% of residents own their homes outright in Newmarket South, 48.22% rent.
Housing affordability isn’t just about home prices, though. The average household income in Newmarket South is $3,331 per month. Households that rent pay about 19.68% of their income on rent here. Newmarket South's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the neighborhood.
Nearby Neighborhoods
- Briarfield, Newport News, VA: less expensive homes
- Aberdeen, Hampton, VA: higher priced homes
- Downtown Newport News, Newport News, VA: equally priced homes
- Northampton, Hampton, VA: higher priced homes
- Greater Wythe, Hampton, VA: higher priced homes
- Mercury Central, Hampton, VA: higher priced homes
- Downtown Hampton, Hampton, VA: higher priced homes
- Magruder, Hampton, VA: higher priced homes
- Deer Park, Newport News, VA: higher priced homes
- Saunders, Newport News, VA: higher priced homes
Neighborhoods with Similar Populations
- South Orange, Orlando, FL: higher priced homes
- Brookwood, Acworth, GA: higher priced homes
- Bywater, New Orleans, LA: higher priced homes
- Capitol View, Nashville, TN: higher priced homes
- Carver, Mobile, AL: less expensive homes
- Carver-Richmond, Richmond, VA: equally priced homes
- Centerville, Camden, NJ: less expensive homes
- Sharon Heights, Menlo Park, CA: higher priced homes
- Sheridan Hollow, Albany, NY: equally priced homes
- Signature Lakes, Horizon West, FL: higher priced homes
All Local Stats
Home Services
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