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NEWPORT, VA 24128

Real Estate Market Report  ·  Giles County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
4
vs 4 last year
Pending
2
50% pending ratio
Median Price
$699,900
⇧ 68.7% vs $414,838 last year
Average Price
$1,315,800
⇧ 193.5% vs $448,246 last year
Days on Market
79
⇩ 36.3% vs 124 days last year

Market Context

Population: 1,539  ·  Density: 8.1/mi²  ·  Median household income: $68,162

Typical home value: $247,368  ·  Homeownership: 88.8%

Market Analysis

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

The NEWPORT, VA real estate market (24128) currently shows 4 active listings, with 2 pending sales. Homes are averaging 79 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 79 days on market compared to 124 days last year.

The median listing price has risen 68.7% year-over-year, from $414,838 to $699,900.

Whether you are buying or selling in NEWPORT, 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 Trends

Inventory & Days on Market

Year over Year
  • Days on market: 79 now vs 124 last year

Median & Average Pricing

Year over Year
  • Median: $699,900 (+68.7% YoY)
  • Average: $1,315,800 (+193.5% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.9 miles — 202 listings ($101,920,996 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
24128Newport, VA 241280.0 mi4$5,263,200$699,900$1,315,800
24136Pembroke, VA 241367.6 mi11$6,873,163$364,000$624,833
24984Waiteville, WV 2498410.6 mi0$0$55,000$55,000
24132Parrott, VA 2413213.5 mi1$249,900$249,900$249,900
24070Catawba, VA 2407014.4 mi5$6,313,335$1,275,000$1,262,667
24073Christiansburg, VA 2407314.9 mi89$39,880,900$379,950$448,100
24141Radford, VA 2414117.5 mi52$21,946,704$310,000$422,052
24963Peterstown, WV 2496317.9 mi14$4,978,960$229,500$355,640
24134Pearisburg, VA 2413418.2 mi13$6,900,270$202,500$530,790
24918Ballard, WV 2491819.7 mi4$3,669,000$1,100,000$917,250
24147Rich Creek, VA 2414720.0 mi0$0$315,500$315,500
24985Wayside, WV 2498521.4 mi1$124,900$124,900$124,900
24138Pilot, VA 2413821.9 mi8$5,720,664$349,000$715,083

Frequently Asked Questions

How many homes are for sale in NEWPORT, VA 24128?

As of January 2026, there are 4 active listings in NEWPORT, VA (zip code 24128), compared to 4 the prior year.

What is the median home price in NEWPORT, VA 24128?

The median listing price in NEWPORT, VA 24128 is $699,900 as of January 2026, a 68.7% increase from $414,838 the prior year.

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

Homes in NEWPORT, VA 24128 spend an average of 79 days on the market before going under contract, compared to 124 days the prior year.

Is it a seller's or buyer's market in NEWPORT, VA 24128?

Based on current inventory and days-on-market data as of January 2026, NEWPORT, VA 24128 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 79 days on market compared to 124 days last year.

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

With SELL123.com's maximum 3% commission, sellers in NEWPORT, VA 24128 save an estimated $13,998 compared to a typical 5% commission on the median listing price of $699,900. 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.