Call or Text (240) SELL-123
Huntington Huntington Heights Jefferson Park Marshall Newsome Newsome Park Salters Creek SouthEast Community

NEWPORT NEWS, VA 23607

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

The NEWPORT NEWS, VA real estate market (23607) currently shows 83 active listings, with 3 pending sales. Homes are averaging 46 days on the market before going under contract.

Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 46 days on market compared to 43 days last year.

The median listing price has risen 5.6% year-over-year, from $230,000 to $242,975.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for NEWPORT NEWS, VA 23607 and connect with motivated buyers & sellers.
Contact SELL123.com →

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
83
⇧ 22.1% vs 68 last year
Pending
3
4% pending ratio
Median Price
$242,975
⇧ 5.6% vs $230,000 last year
Average Price
$254,106
⇩ 1.7% vs $258,458 last year
Days on Market
46
⇧ 7% vs 43 days last year

Price Per Square Foot

Median $/sqft
$171
⇧ 3.6% vs $165/sqft last year
Median Home Size
1,373 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 83 this year vs 68 last year
  • Days on market: 46 now vs 43 last year

Median & Average Pricing

Year over Year
  • Median: $242,975 (+5.6% YoY)
  • Average: $254,106 (-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 11.5 miles — 546 listings ($209,746,410 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
23607Newport News, VA 236070.0 mi80$20,192,400$228,675$252,405
23661Hampton, VA 236612.4 mi51$14,500,422$274,950$284,322
23601Newport News, VA 236015.4 mi40$14,235,720$311,238$355,893
23663Hampton, VA 236636.6 mi36$9,591,372$267,400$266,427
23314Carrollton, VA 233146.8 mi37$14,962,134$342,718$404,382
23703Portsmouth, VA 237037.9 mi61$20,728,044$340,950$339,804
23505Norfolk, VA 235058.9 mi46$19,165,762$318,825$416,647
23664Hampton, VA 236649.4 mi55$28,916,085$399,500$525,747
23693Yorktown, VA 236939.7 mi39$23,141,586$595,000$593,374
23662Poquoson, VA 2366210.6 mi46$23,990,196$504,495$521,526
23507Norfolk, VA 2350710.8 mi19$8,106,445$252,750$426,655
23517Norfolk, VA 2351710.9 mi7$2,218,146$277,975$316,878
23509Norfolk, VA 2350911.5 mi29$9,998,098$284,975$344,762

Frequently Asked Questions

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

As of March 2026, there are 83 active listings in NEWPORT NEWS, VA (zip code 23607), compared to 68 the prior year.

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

The median listing price in NEWPORT NEWS, VA 23607 is $242,975 as of March 2026, a 5.6% increase from $230,000 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 46 days on the market before going under contract, compared to 43 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 March 2026, NEWPORT NEWS, VA 23607 is currently a Buyer's Market. Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 46 days on market compared to 43 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 $4,860 compared to a typical 5% commission on the median listing price of $242,975. 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.