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Balthrope Beechwood Coles Forest Colony Pines Courthouse Green Curtis Tignor Garrow Green Acres Hanover Heights (Charter Elm) Lee's Mill Richneck Snidow Stoney Brook Stoney Run The Forest Warick Courthouse Warwick Landing Warwick River Windsor Great Park

NEWPORT NEWS, VA 23608

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 23608

Balthrope · Beechwood · Coles Forest · Colony Pines · Courthouse Green · Curtis Tignor · Garrow · Green Acres · Hanover Heights (Charter Elm) · Lee's Mill · Richneck · Snidow · Stoney Brook · Stoney Run · The Forest · Warick Courthouse · Warwick Landing · Warwick River · Windsor Great Park

Market Analysis

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

The NEWPORT NEWS, VA real estate market (23608) currently shows 98 active listings, with 18 pending sales. Homes are averaging 68 days on the market before going under contract.

Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 68 days on market compared to 61 days last year.

The median listing price has risen 1.6% year-over-year, from $329,500 to $334,675.

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: 42,684  ·  Density: 1,533.2/mi²  ·  Median household income: $67,260

Typical home value: $232,075  ·  Homeownership: 50.9%

Market Overview

Active Listings
98
⇩ 3.9% vs 102 last year
Pending
18
18% pending ratio
Median Price
$334,675
⇧ 1.6% vs $329,500 last year
Average Price
$348,315
⇩ 1.7% vs $354,179 last year
Days on Market
68
⇧ 11.5% vs 61 days last year

Price Per Square Foot

Median $/sqft
$200
⇧ 4.7% vs $191/sqft last year
Median Home Size
1,569 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 98 this year vs 102 last year
  • Days on market: 68 now vs 61 last year

Median & Average Pricing

Year over Year
  • Median: $334,675 (+1.6% YoY)
  • Average: $348,315 (-1.7% 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 17.1 miles — 686 listings ($315,227,429 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
23608Newport News, VA 236080.0 mi105$35,853,405$326,450$341,461
23603Newport News, VA 236033.1 mi12$4,144,428$340,950$345,369
23692Yorktown, VA 236925.1 mi37$23,339,600$449,941$630,800
23606Newport News, VA 236065.7 mi29$15,439,513$399,900$532,397
23062Gloucester Point, VA 230627.7 mi4$1,957,200$569,000$489,300
23666Hampton, VA 236669.8 mi108$33,169,932$308,700$307,129
23185Williamsburg, VA 2318510.4 mi170$115,852,960$512,500$681,488
23001Achilles, VA 2300110.6 mi1$759,000$759,000$759,000
23883Surry, VA 2388311.5 mi11$5,155,414$415,000$468,674
23661Hampton, VA 2366113.1 mi47$12,697,332$262,500$270,156
23669Hampton, VA 2366913.2 mi106$34,274,888$301,667$323,348
23664Hampton, VA 2366414.8 mi47$25,481,614$390,000$542,162
23433Suffolk, VA 2343317.1 mi9$7,102,143$690,000$789,127

Frequently Asked Questions

How many homes are for sale in NEWPORT NEWS, VA 23608?

As of February 2026, there are 98 active listings in NEWPORT NEWS, VA (zip code 23608), compared to 102 the prior year.

What is the median home price in NEWPORT NEWS, VA 23608?

The median listing price in NEWPORT NEWS, VA 23608 is $334,675 as of February 2026, a 1.6% increase from $329,500 the prior year.

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

Homes in NEWPORT NEWS, VA 23608 spend an average of 68 days on the market before going under contract, compared to 61 days the prior year.

Is it a seller's or buyer's market in NEWPORT NEWS, VA 23608?

Based on current inventory and days-on-market data as of February 2026, NEWPORT NEWS, VA 23608 is currently a Balanced Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 68 days on market compared to 61 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 23608 save an estimated $6,694 compared to a typical 5% commission on the median listing price of $334,675. 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.