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Huntington Huntington Heights Jefferson Park Marshall Newsome Newsome Park Salters Creek SouthEast Community

NEWPORT NEWS, VA 23607

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

Neighborhoods in ZIP 23607

Huntington · Huntington Heights · Jefferson Park · Marshall · Newsome · Newsome Park · Salters Creek · SouthEast Community

Market Analysis

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

The NEWPORT NEWS, VA real estate market (23607) currently shows 80 active listings, with 3 pending sales. Homes are averaging 50 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 50 days on market compared to 45 days last year.

The median listing price has fallen 1.1% year-over-year, from $231,225 to $228,675.

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: 23,892  ·  Density: 1,536.6/mi²  ·  Median household income: $39,139

Typical home value: $146,990  ·  Homeownership: 28.8%

Market Overview

Active Listings
80
⇧ 11.1% vs 72 last year
Pending
3
4% pending ratio
Median Price
$228,675
⇩ 1.1% vs $231,225 last year
Average Price
$252,405
⇩ 2.6% vs $259,148 last year
Days on Market
50
⇧ 11.1% vs 45 days last year

Price Per Square Foot

Median $/sqft
$167
⇧ 0.6% vs $166/sqft last year
Median Home Size
1,477 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 80 this year vs 72 last year
  • Days on market: 50 now vs 45 last year

Median & Average Pricing

Year over Year
  • Median: $228,675 (-1.1% YoY)
  • Average: $252,405 (-2.6% 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 11.5 miles — 569 listings ($213,930,589 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
23607Newport News, VA 236070.0 mi83$20,222,037$229,700$243,639
23661Hampton, VA 236612.4 mi47$12,697,332$262,500$270,156
23601Newport News, VA 236015.4 mi43$14,838,827$309,900$345,089
23663Hampton, VA 236636.6 mi44$12,195,260$279,000$277,165
23314Carrollton, VA 233146.8 mi38$15,095,956$342,000$397,262
23703Portsmouth, VA 237037.9 mi72$25,197,552$348,500$349,966
23505Norfolk, VA 235058.9 mi45$17,479,440$325,000$388,432
23664Hampton, VA 236649.4 mi47$25,481,614$390,000$542,162
23693Yorktown, VA 236939.7 mi41$23,706,487$559,900$578,207
23662Poquoson, VA 2366210.6 mi49$25,092,410$489,990$512,090
23507Norfolk, VA 2350710.8 mi21$9,285,234$250,000$442,154
23517Norfolk, VA 2351710.9 mi11$3,461,832$292,450$314,712
23509Norfolk, VA 2350911.5 mi28$9,176,608$281,450$327,736

Frequently Asked Questions

How many homes are for sale in NEWPORT NEWS, VA 23607?

As of February 2026, there are 80 active listings in NEWPORT NEWS, VA (zip code 23607), compared to 72 the prior year.

What is the median home price in NEWPORT NEWS, VA 23607?

The median listing price in NEWPORT NEWS, VA 23607 is $228,675 as of February 2026, a 1.1% decrease from $231,225 the prior year.

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

Homes in NEWPORT NEWS, VA 23607 spend an average of 50 days on the market before going under contract, compared to 45 days the prior year.

Is it a seller's or buyer's market in NEWPORT NEWS, VA 23607?

Based on current inventory and days-on-market data as of February 2026, NEWPORT NEWS, VA 23607 is currently a Buyer's Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 50 days on market compared to 45 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 23607 save an estimated $4,574 compared to a typical 5% commission on the median listing price of $228,675. 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.