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Barclay Bernard Village Blount Point Deep Creek Forrest Glendale Hidenwood James Landing Maxwell Merry Point Estates Riverside Scufflefield Wendwood Winterhaven

NEWPORT NEWS, VA 23606

Real Estate Market Report
Seller's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 23606

Barclay · Bernard Village · Blount Point · Deep Creek · Forrest · Glendale · Hidenwood · James Landing · Maxwell · Merry Point Estates · Riverside · Scufflefield · Wendwood · Winterhaven

Market Analysis

Data as of February 2026. Source: Realtor.com.

The NEWPORT NEWS, VA real estate market (23606) currently shows 33 active listings, with 7 pending sales. Homes are averaging 34 days on the market before going under contract.

Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 34 days on market compared to 54 days last year.

The median listing price has fallen 7.4% year-over-year, from $425,000 to $393,475.

Whether you are buying or selling in NEWPORT NEWS, VA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 29,807  ·  Density: 1,191.2/mi²  ·  Median household income: $67,943

Typical home value: $286,736  ·  Homeownership: 48.0%

Market Overview

Active Listings
33
⇩ 15.4% vs 39 last year
Pending
7
21% pending ratio
Median Price
$393,475
⇩ 7.4% vs $425,000 last year
Average Price
$585,295
⇧ 14.2% vs $512,319 last year
Days on Market
34
⇩ 37% vs 54 days last year

Price Per Square Foot

Median $/sqft
$197
⇧ 3.1% vs $191/sqft last year
Median Home Size
2,064 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 33 this year vs 39 last year
  • Days on market: 34 now vs 54 last year

Median & Average Pricing

Year over Year
  • Median: $393,475 (-7.4% YoY)
  • Average: $585,295 (+14.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 14.7 miles — 600 listings ($222,364,396 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
23606Newport News, VA 236060.0 mi29$15,439,513$399,900$532,397
23602Newport News, VA 236022.8 mi74$24,595,158$319,900$332,367
23666Hampton, VA 236665.0 mi108$33,169,932$308,700$307,129
23608Newport News, VA 236085.7 mi105$35,853,405$326,450$341,461
23607Newport News, VA 236077.5 mi83$20,222,037$229,700$243,639
23662Poquoson, VA 236628.5 mi49$25,092,410$489,990$512,090
23696Seaford, VA 236968.8 mi10$6,109,600$547,350$610,960
23314Carrollton, VA 233149.1 mi38$15,095,956$342,000$397,262
23663Hampton, VA 2366310.4 mi44$12,195,260$279,000$277,165
23430Smithfield, VA 2343011.2 mi52$30,522,024$499,900$586,962
23062Gloucester Point, VA 2306212.4 mi4$1,957,200$569,000$489,300
23001Achilles, VA 2300114.3 mi1$759,000$759,000$759,000
23432Suffolk, VA 2343214.7 mi3$1,352,901$501,950$450,967

Frequently Asked Questions

How many homes are for sale in NEWPORT NEWS, VA 23606?

As of February 2026, there are 33 active listings in NEWPORT NEWS, VA (zip code 23606), compared to 39 the prior year.

What is the median home price in NEWPORT NEWS, VA 23606?

The median listing price in NEWPORT NEWS, VA 23606 is $393,475 as of February 2026, a 7.4% decrease from $425,000 the prior year.

How long do homes stay on the market in NEWPORT NEWS, VA?

Homes in NEWPORT NEWS, VA 23606 spend an average of 34 days on the market before going under contract, compared to 54 days the prior year.

Is it a seller's or buyer's market in NEWPORT NEWS, VA 23606?

Based on current inventory and days-on-market data as of February 2026, NEWPORT NEWS, VA 23606 is currently a Seller's Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 34 days on market compared to 54 days last year.

How much can I save on real estate commission in NEWPORT NEWS, VA?

With SELL123.com's maximum 3% commission, sellers in NEWPORT NEWS, VA 23606 save an estimated $7,870 compared to a typical 5% commission on the median listing price of $393,475. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.