Newport VA Commercial for Sale

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Newport Real Estate

The median home value in Newport, VA is $837,500. This is higher than the county median home value of $179,100. The national median home value is $338,100. The average price of homes sold in Newport, VA is $837,500. Approximately 75.08% of Newport homes are owned, compared to 11.28% rented, while 13.64% are vacant. Newport real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Newport real estate agent to arrange a tour today!

Newport, Virginia has a population of 2,064. Newport is less family-centric than the surrounding county with 24.73% of the households containing married families with children. The county average for households married with children is 26.72%.

The median household income in Newport, Virginia is $64,091. The median household income for the surrounding county is $57,911 compared to the national median of $69,021. The median age of people living in Newport is 44.9 years.

Newport Weather

The average high temperature in July is 82.8 degrees, with an average low temperature in January of 22.1 degrees. The average rainfall is approximately 39.4 inches per year, with 24.3 inches of snow per year.

Newport Real Estate Market Conditions

  • Median sales price

    $837,500
    15.8% change since last quarter
  • # Active listings

    7
    30-day change

Newport Schools and Demographics

Education near Newport, VA

Metric City County
High School Graduates 95.36 89.91
College Degree - 2 year 4.1 8.86
College Degree - 4 year 35.82 18.54
Graduate Degree 13.84 5.03
Expenditures per Student 11,458 11,458
Students per Teacher 12.6 12.6

Elementary Schools near Newport, VA

School Grades Students P/T Ratio ZIP
Christiansburg Elementary School 03 - 05 391 12.5 24073
Christiansburg Primary School PK - 02 508 14.2 24073
Eastern Combined KG - 07 455 14.2 24136
Eastern Montgomery Elem PK - 05 512 12.2 24087
Falling Branch Elementary School PK - 05 503 12.7 24073
Gilbert Linkous Elementary School PK - 05 368 13.1 24060
Harding Avenue Elementary School PK - 05 300 12.6 24060
Kipps Elementary School PK - 05 363 12.8 24060
Margaret Beeks Elementary School PK - 05 453 13.9 24060
Prices Fork Elementary School PK - 05 413 11.4 24060

Middle Schools near Newport, VA

School Grades Students P/T Ratio ZIP
Blacksburg Middle School 06 - 08 840 14.4 24060
Christiansburg Middle School 06 - 08 789 13.8 24073

High Schools near Newport, VA

School Grades Students P/T Ratio ZIP
Blacksburg High School 09 - 12 1,148 13.1 24060
Christiansburg High School 09 - 12 1,090 12.9 24073
Eastern Montgomery High School 09 - 12 297 10 24087

Ungraded Schools near Newport, VA

School Grades Students P/T Ratio ZIP
Altern Ed Program/Behav Disord Youth/Montgomery UG - UG 0 24073
Independence Secondary UG - UG 0 24073
Montgomery County Governor's Stem Academy UG - UG 0 24073

Demographics near Newport, VA

Metric City County
Neighborhood Type Suburban
Population 2,064 16,764
Population Density 29 47
Median Age 44.9 45.1
People per Household 2.4 2.4
Median Household Income 64,091 57,911
Average Income per Capita 36,890 28,945