Newsoms, VA—23874
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Newsoms, VA
As of Oct '25, the median home price in Newsoms, VA is $214,000, with a year-over-year change of -4.2%. This indicates that home prices in Newsoms, VA are decreasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $214,000 | -4.3% |
| Single Family | $215,000 | -5.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $149,000 | -9.1% |
3 Bed | $239,000 | -5.2% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Newsoms, VA
Newsoms, VA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Newsoms, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Newsoms, VA is 44. This is a decrease of -54.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $214,000 | -56.0% |
Listing Count | 3 | 83.0% |
| Listings as % of Homes | 0.4% | 83.0% |
Days on Market | 44 | -54.0% |
Demographics — Newsoms, VA
As of the latest ACS Survey released in 2023, Newsoms, VA has a population of 714, which has decreased by -14.1% over the past 5 years. Newsoms, VA is a less popular place for families, as children make up 7.8% of the population. The area has a poorly educated workforce, with 17.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 714 | -14.1% |
% Under 18 | 7.8% | -42.6% |
% Seniors | 22.7% | -27.2% |
% WFH | 1.4% | -87.9% |
% w/ College Degree | 17.2% | -21.8% |
Newsoms, VA lacks sufficient race and ethnicity data for analysis.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 61.8% | -12.3% |
% Black | 34.6% | 27.7% |
% Hispanic | 1.0% | ∞% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | N/A |
Mortgage and Risk — Newsoms, VA
Newsoms, VA lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Newsoms, VA
Newsoms, VA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 7 |
Total Units Section 8 | 7 |
% Rentals under Section 8 | 9.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $960 |
| 2 Bedroom | N/A | N/A | $1,260 |
| 3 Bedroom | N/A | N/A | $1,610 |
| 4 Bedroom | N/A | N/A | $2,120 |
Affordability — Newsoms, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $214,000 |
| Median Household Income | $56,900 |