Is Newport News, VA 23606 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Newport News is a seller’s market. With about 2.4 months of supply and 36% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply2.4Under 4 months = seller’s market

Sold above original list36.1%Share of sales, last 3 months

Median sale-to-list100.1%Sold price ÷ list price

Median days on market27Listing to accepted offer

Median price per sq ft$205▲ +4.1% vs. last year

Run the numbers for 23606

Prefilled for 23606Can I win this house?Multiple-offer likelihood for a listing Prefilled for 23606Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Newport News 23601Seller’s market $204 /sq ft Newport News 23602Seller’s market $193 /sq ft Newport News 23603Seller’s market $189 /sq ft Newport News 23605Seller’s market $216 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology