Is Newport News, VA 23608 a buyer’s or seller’s market?
Newport News is a seller’s market. With about 2.7 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.
Competition score70/ 100
More competitive than 73% of U.S. ZIP codes, and #116 of 358 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
Months of supply2.7Under 4 months = seller’s market
Sold above original list35.7%Share of sales, last 3 months
Median sale-to-list99.7%Sold price ÷ list price
Median days on market28Listing to accepted offer
Median price per sq ft$198▲ +3.0% vs. last year
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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 →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology