Fastest-Appreciating ZIP Codes in Virginia Beach-Norfolk-Newport News, VA-NC (2026)

Ranked by 5-year compound annual growth in home values. Fast growth and strong cash flow rarely appear in the same ZIP — this is the other side of that trade.

# ZIP City Home value Rent Cap rate 5-yr growth
1 23607 Newport News, VA $185,731 $1,523 6.39% 10.8%
2 27941 Harbinger, NC $520,322 $1,593 2.39% 9.0%
3 27974 Shawboro, NC $339,418 $1,260 2.90% 8.3%
4 27935 Eure, NC $247,870 $1,386 4.36% 8.0%
5 27937 Gates, NC $273,660 $1,854 5.28% 7.5%
6 23605 Newport News, VA $229,725 $1,562 5.30% 7.2%
7 23851 Franklin, VA $251,021 $990 3.08% 7.1%
8 23433 Suffolk, VA $568,153 $1,881 2.58% 7.0%
9 27946 Hobbsville, NC $247,774 $1,503 4.73% 7.0%
10 23663 Hampton, VA $239,734 $1,690 5.50% 6.7%
11 27917 Barco, NC $343,916 $1,359 3.08% 6.7%
12 27979 Hobbsville, NC $231,770 $1,539 5.18% 6.6%
13 27938 Gatesville, NC $224,723 $1,683 5.84% 6.5%
14 27976 South Mills, NC $421,397 $1,404 2.60% 6.4%
15 23128 Gloucester, VA $376,633 $1,269 2.63% 6.3%
16 23608 Newport News, VA $307,678 $1,588 4.03% 6.2%
17 23690 Yorktown, VA $392,252 $1,704 3.39% 6.2%
18 23061 Gloucester, VA $386,072 $2,100 4.24% 6.1%
19 23438 Suffolk, VA $361,712 $1,800 3.88% 6.1%
20 23866 Ivor, VA $300,965 $1,143 2.96% 6.1%
21 27947 Poplar Branch, NC $356,060 $1,422 3.12% 6.1%
22 23324 Chesapeake, VA $289,580 $1,963 5.29% 6.1%
23 23602 Newport News, VA $316,128 $1,603 3.96% 6.1%
24 27921 Camden, NC $397,320 $1,215 2.39% 6.1%
25 23457 Virginia Beach, VA $678,516 $1,710 1.97% 6.0%

Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →