Market Intelligence · VA / Newport News

Newport News, VA 23602 Housing Market

In Newport News, VA 23602, the typical home value is $313,491, up 3.3% over the past year. The median list price is $359,900, and homes spend a median of 33 days on market. There are 89 homes for sale.

Updated August 2026Median value$313K

The median home value in Newport News, VA 23602 is $313K as of August 2026, up 3.3% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 23602 range

$288K to $339K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+3.3% over 12 months

Typical home value in 23602 over the last 12 months: $304K in Aug 2025 to $313K in Aug 2026 (+3.3%).

Aug 2025$304K

Aug 2026$313K

The numbers

What is the 23602 housing market like?

Typical home value

$313K

Up3.3%YoY

Median list price

$360K

Up2.5%MoM

Days on market

33

Down2.9%MoM

Homes for sale

89

Down5.3%MoM

Price cuts

38.6%

Up71.0%MoM

New listings

52

Down7.1%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 23602 home prices compare?

  • 23602$313,491
  • Newport News$295,630
  • Virginia$330,987
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Newport News: 7 ZIPs; Virginia: 757 ZIPs; United States: 26,265 ZIPs).

Context

Sellers in 23602 are working with 89 homes for sale and 52 new listings, so buyers have fresh options to compare. The median list price is $359,900 while the typical home value is $313,491, up 3.3% over the past year. A median of 33 days on market suggests well priced homes can still move without a long wait. At the same time, 38.6% of listings have taken a price cut, which points to some friction between asking prices and what buyers will pay. Pricing realistically from the start matters more than testing the market.

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