Market Intelligence · VA / Newport News

Newport News, VA 23605 Housing Market

Typical home value in Newport News 23605 stands at $228,444, up 1.6% over the past year. The median list price is $266,225, with homes spending a median of 38 days on market as of September 2026.

Updated September 2026Median value$228K

The median home value in Newport News, VA 23605 is $228K as of September 2026, up 1.6% 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 23605 range

$210K to $247K

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

+1.6% over 12 months

Typical home value in 23605 over the last 12 months: $225K in Sep 2025 to $228K in Sep 2026 (+1.6%).

Sep 2025$225K

Sep 2026$228K

The numbers

What is the 23605 housing market like?

Typical home value

$228K

Up1.6%YoY

Median list price

$266K

Up0.5%MoM

Days on market

38

Up31.0%MoM

Homes for sale

32

Up6.7%MoM

Price cuts

35.6%

Down11.1%MoM

New listings

16

Flat0.0%MoM

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

The outlook

23605 housing market forecast 2027

+2.6%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 23605 to rise 2.6% by September 2027.

Over the 12 months through September 2026, typical home values in 23605 rose 1.6%, per the Zillow Home Value Index.

Will home prices drop in 23605?

Zillow's forecast does not call for a drop: it expects typical home values in 23605 to rise 2.6% by September 2027, after a 1.6% 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 23605 home prices compare?

  • 23605$228,444
  • 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

As of September 2026, there are 32 homes for sale in 23605, with 16 new listings added recently. The median list price of $266,225 sits notably above the typical home value of $228,444. Homes are staying on market for 38 days on average, and 35.6% of listings have seen a price cut. For sellers, this indicates a balanced market where pricing strategy matters.

Monthly payment

Estimate your monthly payment.

20% · $45,689

Common questions

What people ask us.

What is a typical home worth in 23605?

The typical home value in Newport News 23605 is $228,444, which has grown 1.6% over the past year.

How long do homes typically stay on the market?

As of September 2026, homes in this ZIP spend a median of 38 days on market.

How many homes are currently listed?

There are 32 homes for sale in 23605 as of September 2026, with 16 new listings recently added.

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