Newport News, VA Home Values & Market Trends
Real estate market trends reflect that there have been 2,661 transactions over the past year in Newport News. The median value for residential home transactions that occurred over the previous year is $309,444. The number of current listings in Newport News is 2,737, and the percentage of properties for sale in the city is 2737.00%. Newport News, VA currently has 145 properties in foreclosure, 80 bank owned properties, 65 properties headed for auction, and 2,737 properties for sale.
Newport News, VA Real Estate Market Overview
Housing Market Summary for Newport News, VA
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $285K | $290K | 1.75% |
| Median Sold Price | $290.3K | $289K | -0.43% |
| Homes For Sale | 1,965 | 2,694 | 37.10% |
| Homes Sold | 834 | 731 | -12.35% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Newport News, VA
Browse Homes in Newport News, VA
Newport News home values range from $30,000 to $3,330,748. The median estimated value of a home in Newport News is $309,444. The median list price of a home is 290,000, and the total count of properties in the city is 3,756.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Newport News, VA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 7 zips within Newport News, VA; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Newport News, VA ranges from the highest value of $429,900 in 23606 to the lowest value of $98,112 in 23607. Bank owned homes and properties account for 2.13% of properties in Newport News, VA. There are 7 zips within Newport News, VA; 23607 containing 23 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions23602 has 19 auction properties, the highest number of properties going to auction in a single zip in the state of Newport News, VA. Auction homes and other auction properties account for 1.73% of all properties in Newport News, VA. There are 7 zips within Newport News, VA; of those zips, the median estimated home value for homes going to auction ranges from $594,595 in 23606 to the lowest value of $111,797 in 23606.
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Guide for Newport News, VA
Virginia Foreclosure Laws
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
