Is Newport News, VA 23607 a buyer’s or seller’s market?
Newport News is a balanced market. With about 4.4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Months of supply4.4Under 4 months = seller’s market
Sold above original list23.9%Share of sales, last 3 months
Median sale-to-list97.5%Sold price ÷ list price
Median days on market61Listing to accepted offer
Median price per sq ft$150▲ +6.7% vs. last year
Run the numbers for 23607
Nearby markets
Newport News 23601Seller’s market $204 /sq ftNewport News 23602Seller’s market $193 /sq ftNewport News 23603Seller’s market $189 /sq ftNewport 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