Market Intelligence · VA / Newport News

Newport News, VA 23602 Housing Market

The typical home value in Newport News 23602 is $311,681, up 3.2% over the past year. The median list price stands at $356,150, with homes spending a median of 37 days on market as of September 2026.

Updated September 2026Median value$312K

The median home value in Newport News, VA 23602 is $312K as of September 2026, up 3.2% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 23602 range

$287K to $337K

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

+3.2% over 12 months

Sep 2025$302K

Low $302KHigh $312K

Sep 2026$312K

The numbers

What is the 23602 housing market like?

As of September 2026

Typical home value

$312K

3.2%YoY

Median list price

$356K

1.0%MoM

Days on market

12.1%MoM

Homes for sale

101

13.5%MoM

Price cuts

33.7%

12.9%MoM

New listings

3.8%MoM

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

The outlook

23602 housing market forecast 2027

+2.0%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 23602 to rise 2.0% by September 2027.

Over the 12 months through September 2026, typical home values in 23602 rose 3.2%, per the Zillow Home Value Index.

Will home prices drop in 23602?

Zillow's forecast does not call for a drop: it expects typical home values in 23602 to rise 2.0% by September 2027, after a 3.2% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 23602 home prices compare?

23602$311,681
Newport News$292,882
Virginia$328,255
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Newport News: 7 ZIPs; Virginia: 757 ZIPs; United States: 26,262 ZIPs).

Context

Newport News 23602 had 101 homes for sale in September 2026, with 50 new listings added that month. The median days on market of 37 suggests reasonable inventory movement, though nearly a third of listings have taken price cuts. With one-third of the market experiencing reductions, sellers should be realistic about pricing and prepared for negotiation.

Monthly payment

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Home price

Down payment20% · $62,336

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Common questions

What people ask us.

What is the typical home value in Newport News 23602?

The typical home value is $311,681, up 3.2% over the past year as of September 2026.

How many homes are currently for sale in Newport News 23602?

As of September 2026, there are 101 homes for sale, with 50 new listings added that month.

How long do homes typically stay on the market in Newport News 23602?

The median days on market is 37 as of September 2026.

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Nearby ZIP markets.

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