Newport News, VA Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Newport News, VA is $298,250, up 2.8% year-over-year. Homes sell in an average of 40 days with 323 active listings. The market is currently a seller's market.
$298,250median sale price
Is Newport News a buyer's or seller's market?
Newport News, VA is currently a seller's market, based on 2.0 months of supply and homes selling in about 40 days. How we determine this →
Homes sold
162
Last 12 weeks
Days on market
40
Average pace
Active listings
323
2.0 months supply
Sale-to-list
99.1%
Below asking
Newport News, VA market data
| Metric | Value |
|---|---|
| Median sale price | $298,250 |
| Median list price | $329,900 |
| Year-over-year price change | +2.8% |
| Average days on market | 40 days |
| Active inventory | 323 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 99.1% |
| Market condition | Seller's market |
Source: Redfin · Updated weekly
The Newport News housing market is currently classified as a seller's market with a median sale price of $298,250. Prices have risen 2.8% compared to last year, with homes spending an average of 40 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Newport News
There are currently 323 homes listed for sale in Newport News, Virginia. The median listing price is $330K.
Active listings
323
Homes on market
Median list price
$330K
Avg. days on market
40
Days until sale
New this week
161
Newly listed
Top public schools in Newport News
47 schools tracked · 25,715 students
The largest public schools serving Newport News, VA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Woodside High
Grades 9-12 · 1,810 students
Menchville High
Grades 9-12 · 1,759 students
Warwick High
Grades 9-12 · 1,605 students
Denbigh High
Grades 9-12 · 1,257 students
Ethel M. Gildersleeve Middle
Grades 6-8 · 1,097 students
Heritage High
Grades 9-12 · 1,076 students
Mary Passage Middle
Grades 6-8 · 976 students
Ella J. Fitzgerald Middle
Grades 6-8 · 969 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
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Frequently asked questions
What is the average home price in Newport News?
The median home sale price in Newport News is $298,250, up 2.8% from last year.
How long do homes stay on market in Newport News?
Homes typically spend 40 days on market before going under contract.
Is Newport News a buyer's or seller's market?
With 2.0 months of supply, Newport News is currently a seller's market.
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