Prices, inventory, and demand — distilled every month into one clear verdict: buyer’s market or seller’s. The investor’s read, before you make an offer.
The median asking price in Newport News is about $316,000 as of Oct 2026, up 4.8% from a year ago. That is the asking price on listed homes, so sold-price and home-value sites show different numbers (why).
Only if you move fast. Sellers have more pull in Newport News than usual. Compared with 2017–2019 at this time of year, there are 34% fewer homes for sale, and listings spend 26% fewer days on the market. Good homes go under contract quickly. If you want one, be ready to move in days.
Newport News has 34% fewer homes for sale than in 2017–2019 at this time of year, and listings spend a median 42 days on the market, less than in 86% of the 763 cities we track. Well-priced homes will draw more than one offer. Your discount is in the listing that has sat, so set a price alert and move when a stale one gets cut.
Pending-sale counts for Newport News were thinly reported until recently, so this page reads demand from how long listings stay on the market, how many sellers cut, and how much is for sale. About 1 in 4 sellers has already dropped their price. Each one has learned their first price was too high. Start your offer below their new price.
Newport News listings spend a median 42 days on the market. That is 11% longer than a year ago. There are 477 homes for sale in Newport News. That is 3.0 times the tightest month on record, but below the peak of 918. Supply is growing against last year.
Asking prices are at their highest point on record. You are buying at the top. Underwrite it that way. Prices stopped falling about a year ago. They are flat now. Waiting will not get you a cheaper house. It might still get you a more motivated seller. Newport News prices have risen in 107 of the last 112 months. Drops here have been short and shallow. Buying in a slow month has rarely hurt a long hold.
If you plan to sell in the next two years, move it up. This much buyer demand does not last. Right now it does your negotiating for you.
Ranked among the 17 Virginia markets we track:
Most Newport News households rent. 52 out of every 100 households are renters. That share has held steady for five years. Newport News added about 3,900 renter households in five years. Renter households average 2.2 people. Two and three bedrooms fit the typical renter.
Households grew 9% in five years. The housing stock grew 5%. Demand is outrunning supply. 7.2% of homes sit empty. That is normal for a healthy market.
The median Newport News household earns $68,801 a year. Incomes here have grown 4.8% a year since 2019. Incomes and home prices are rising in step. A typical home costs 4.6 times the median income. That is the national middle. Neither cash flow nor appreciation is free here. At 30% of income, a tenant on the median income can pay about $1,720 a month.
To see what one Newport News address would rent for and cash flow, run it through the app.
Read how the pending ratio measures demand and how we read these numbers, then run the numbers on a deal.
The median asking price in Newport News is about $316,000 as of Oct 2026, up 4.8% from a year ago. This is the asking price on homes listed for sale. Sites that report sold prices or estimated home values will show a different number. Our Newport News figures cover the 10 ZIP codes with a Newport News mailing address, which can reach past city limits.
Sellers have more pull in Newport News than usual. We compare Newport News with 2017–2019 at this time of year: there are 34% fewer homes for sale; listings spend 26% fewer days on the market; 26% of sellers have cut their price, against 20% then.
Asking prices are at their highest point on record. You are buying at the top. Underwrite it that way. Prices stopped falling about a year ago. They are flat now. Waiting will not get you a cheaper house. It might still get you a more motivated seller.
Across 9 full years, Newport News asking prices ran lowest in January, about 6.5% below the year's average. They peaked in August. The most homes for sale show up in August, about 9% above the yearly average.
HUD's fiscal year 2026 fair market rent for Newport News city is $1,713 a month for 2 bedrooms and $2,376 for 3 bedrooms. The figures include tenant-paid utilities and cover the whole county.
ZIP 23601 is on both lists. That is rare. It is the one place in Newport News where leverage and growth overlap.
| ZIP | $/sqft, 2 yrs | $/sqft now | For sale |
|---|---|---|---|
| 23605 | +9.8% | $216 | 32 |
| 23601 | +7.7% | $205 | 54 |
| 23602 | +5.3% | $192 | 103 |
| 23608 | +4.9% | $186 | 122 |
| 23606 | +4.8% | $202 | 69 |
Computed from each ZIP's own ten-year history. ZIPs with fewer than 10 homes for sale are excluded: a median across a handful of listings is noise, not a signal.
Newport News has ten ZIP codes. Each links to its live market dashboard.
Closest matches on asking price, price per square foot, time on market, buyer demand, and price cuts.
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