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Newville—23891

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
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Household Income
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Days on Market
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Home Price Forecast
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Median Rent
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1-Bed Rent
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2-Bed Rent
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3-Bed Rent
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  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Newville

Newville lacks sufficient home price data for analysis.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
N/AN/A
Single Family N/AN/A
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
N/AN/A
  • Affordability
  • Rentals and Section 8
    • 2 Bed
    N/A
    N/A
    3 Bed
    		N/AN/A
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    No data available

    Rental Trends — Newville

    Newville lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    No data available

    Property Listings — Newville

    Newville lacks sufficient listing trend data for analysis.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		N/AN/A
    Listing Count
    		N/AN/A
    Listings as % of HomesN/AN/A
    Days on Market
    		N/AN/A
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    Demographics — Newville

    Newville lacks sufficient demographic data for analysis.

    MetricLatest CensusYoY % Change
    Population
    		1,500-56.0%
    % Under 18
    		0.0%-100.0%
    % Seniors
    		9.9%1,880.0%
    % WFH
    		N/AN/A
    % w/ College Degree
    		4.4%22.2%
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    As of the latest ACS Survey released in 2023, Newville is a predominantly black area, with 54.7% of the population identifying as black. The black population has shrunk by 21.2% in the last 5 years. The second most common race or ethnicity in Newville is white, making up 31.9% of the population. Foreign-born residents account for 4.1% of the population in Newville, and this percentage has increased by 95.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		31.9%36.9%
    % Black
    		54.7%-21.2%
    % Hispanic
    		8.6%120.5%
    % Asian
    		2.3%1,050.0%
    % Foreign Born
    		4.1%95.2%
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    Mortgage and Risk — Newville

    According to HUD data as of 2023, there were 29 mortgage originations in Newville, of which 48.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 48.0% above 90% LTV (very high). This implies large mortgage risk in Newville. Investor activity is low, as 0.0% of loans were by investors. 21.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		29
    % Conventional Loans
    		48.0%
    % Government Loans
    		52.0%
    % Investor Loans
    		0.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		21.0%
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    Rentals and Section 8 — Newville

    Newville lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		N/A
    Total Units Section 8
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    % Rentals under Section 8
    		N/A
    % Occupied Section 8
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    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$1,230
    2 BedroomN/AN/A$1,380
    3 BedroomN/AN/A$1,770
    4 BedroomN/AN/A$2,160

    Affordability — Newville

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income RatioN/A
    Median Home PriceN/A
    Median Household IncomeN/A

    Newville — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Disputanta, VA

    23842

    Waverly, VA

    23890

    Prince George, VA

    23875

    Carson, VA

    23830

    Petersburg, VA

    23805

    Frequently Asked Questions