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Norfolk & Newport News, VA New Homes Under $300K

6 Communities

Remington Park by Chesapeake Homes in Norfolk-Newport News Virginia
Home in Remington Park by Chesapeake Homes
Home in Remington Park by Chesapeake Homes

$269,900 - $289,900

Remington Park

Suffolk, VA 23435

Chesapeake Homes

Branford Square at Greenbrier by Dragas Companies in Norfolk-Newport News Virginia
Home in Branford Square at Greenbrier by Dragas Companies
Home in Branford Square at Greenbrier by Dragas Companies
Up to $20,000

$274,900 - $329,900

Branford Square at Greenbrier

Chesapeake, VA 23320

2 Floor Plans

Hot Deal

Dragas Companies

Ford's Colony by Ford's Colony Realty in Norfolk-Newport News Virginia
Home in Ford's Colony by Ford's Colony Realty
Home in Ford's Colony by Ford's Colony Realty

$95,000 - $849,990

Ford's Colony

Williamsburg, VA 23188

1 Home

1 Floor Plan

Ford's Colony Realty

Guilford at Spence Crossing by Dragas Companies in Norfolk-Newport News Virginia
Home in Guilford at Spence Crossing by Dragas Companies
Home in Guilford at Spence Crossing by Dragas Companies
Up to $15,000

$290,570 - $350,570

Guilford at Spence Crossing

Virginia Beach, VA 23456

2 Floor Plans

Dragas Companies

Villages At Bartlett Station by Franciscus Homes in Norfolk-Newport News Virginia
Villages At Bartlett Station by Franciscus Homes in Norfolk-Newport News Virginia

$264,990 - $374,990

Villages At Bartlett Station

Carrollton, VA 23314

11 Floor Plans

Franciscus Homes

North Shore At Ridgely Manor by L.R. Hill Custom Builders in Norfolk-Newport News Virginia
North Shore At Ridgely Manor by L.R. Hill Custom Builders in Norfolk-Newport News Virginia

$299,900 - $320,000

North Shore At Ridgely Manor

Virginia Beach, VA 23455

L.R. Hill Custom Builders

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Market Snapshot

New Homes in Norfolk-Newport News by Region

RegionCommunitiesAverage New Home Price
East Norfolk 8$136,000
South Norfolk 25$274,000
West Norfolk 18$192,000

New Home Cities in Norfolk-Newport News

CityCommunitiesAverage New Home Price
Chesapeake8$568,292
Suffolk8$499,954
Williamsburg7$505,041
Virginia Beach4$607,137
Newport News3$490,606
Smithfield2$529,922
Hampton2$504,478
Toano2$428,561
Carrollton1$505,683
Yorktown1$505,817
Windsor1$505,686

Norfolk & Newport News features many of the best home builder communities in Virginia, but finding lower priced homes has become increasingly difficult. In the last few years, the cost of building a new home in Norfolk & Newport News has increased substantially. Despite the rising trend of housing prices, it’s still possible to design and build an affordable home in the Norfolk & Newport News area. In fact, there are 6 communities and 5 builders in Norfolk & Newport News with homes starting at under $300K.

How to Find Homes in Norfolk & Newport News for Less than $300K?

Many builders recognize there is growing demand in the Norfolk & Newport News area for homes under the $300k price point and often have a few floor plans available, but these may be in limited supply. To ensure affordability without compromising on the quality of the home, builders may utilize value engineering techniques to reduce the cost of construction and keep the price of the home as low as possible. This may include building on a smaller lot or utilizing standard-sized materials, such as windows and doors, that provide high-value for the cost. The results are delivering similar quality at lower prices.