The typical home value in
Newport News
is projected to be
$243,750
for the month of
February.
January’s
finalized data reported the typical value of a home in the
city
to be
$257,500—down
11.21%
over the previous 12 months.
For comparison,
county-level
data pegged home values at
$466,240
in
York County
for the most recent reporting period.
That number is expected to float around
$451,850
in
February.
Newport News
had
174
new listings and
212
listings that went under contract in
January,
decreasing
the area’s total available inventory to
324—down
13.14%
from the previous month. Inventory is projected to have further
decreased
in
February.
Of those
324
active listings,
27.16%
reduced their price in the month of
January.
The median listing price for homes in
Newport News
grew
2.88%
from
December
to
January,
bringing the current median listing price to
$296,000.
Based on projected data for
February,
listing prices may continue to
grow.
The number of days that homes have been on the market prior to going under contract
rose
year-over-year. In
January 2026,
the median time for a listed property to go pending was
43
days, compared to
38
days in
January 2025.
In recent months the median number of days from listed to pending appears to be steady.
That trend is predicted to have carried through to this
February.
