Newport News, VA Housing Market & Real Estate

Seller's market+2.8% YoY

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?

Seller's market2.0 months of supply40 avg. days on 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

Current housing market statistics for Newport News, VA
MetricValue
Median sale price$298,250
Median list price$329,900
Year-over-year price change+2.8%
Average days on market40 days
Active inventory323 listings
Months of supply2.0 months
Sale-to-list price ratio99.1%
Market conditionSeller'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

Price drops:21.1%of listings
Sale-to-list:99.1%

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

Public

Menchville High

Grades 9-12 · 1,759 students

Public

Warwick High

Grades 9-12 · 1,605 students

Public

Denbigh High

Grades 9-12 · 1,257 students

Public

Ethel M. Gildersleeve Middle

Grades 6-8 · 1,097 students

Public

Heritage High

Grades 9-12 · 1,076 students

Public

Mary Passage Middle

Grades 6-8 · 976 students

Public

Ella J. Fitzgerald Middle

Grades 6-8 · 969 students

Public

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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