Housing in Newport News, VA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$257,500

Median List Price

$296,000

Price Per Sq Ft

$178

Days on Market

43

Active Inventory

324

Months of Supply

2.3

Seller's market

Zillow Home Value

$285,999

ZHVI — January 2026

Zillow Rent Index

$1,579

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price ↓ 13.4%List Price ↑ 7.6%Mar 24 → Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

29.7%

Off Market in 2 Weeks

41.5%

Sale-to-List Ratio

96.8%

Buyer's market

Sold Above Asking
29.7%
Under Contract in 2 Wks
41.5%
Listings with Price Drops
27.2%

Market Activity

Source: Redfin

Homes Sold

138

New Listings

174

Pending Sales

212

Homes Sold ↓ 25.0%New Listings ↓ 27.5%Pending ↓ 15.5%Mar 24 → Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$178

Median List $/SF

$185

Sale $/SF ↓ 2.7%List $/SF ↑ 1.6%Mar 24 → Jan 26

Newport News vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 100,000 - 250,000 residents. Newport News is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$243,300

Median Rent

$1,285

Total Housing Units

81,850

Vacancy Rate

7.4%

Owner Occupied

48.1%

Renter Occupied

51.9%

Median Property Tax

$2,507

per year

Monthly Cost (w/ Mortgage)

$1,409

Housing Types

Single Family
59.1%
Multi-Family
38.2%
Mobile Home
2.7%

The current median sale price in Newport News, VA is $257,500 according to Redfin data. Homes spend a median of 43 days on the market. 29.7% of homes sold above asking price. The market has 2.3 months of supply. The median price per square foot is $178. Zillow's observed rent index is $1,579/month. About 48.1% of housing units are owner-occupied. The median year homes were built is 1979. There are 81,850 total housing units.