Market Intelligence · VA / Newport News

Newport News, VA 23605 Housing Market

In Newport News 23605, the typical home value is $231,005, up 1.4% over the past year. The median list price is $265,000, and homes spend a median of 29 days on market.

Updated August 2026Median value$231K

The median home value in Newport News, VA 23605 is $231K as of August 2026, up 1.4% 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 23605 range

$213K to $249K

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

+1.4% over 12 months

Typical home value in 23605 over the last 12 months: $228K in Aug 2025 to $231K in Aug 2026 (+1.4%).

Aug 2025$228K

Aug 2026$231K

The numbers

What is the 23605 housing market like?

Typical home value

$231K

Up1.4%YoY

Median list price

$265K

Up1.5%MoM

Days on market

29

Up11.5%MoM

Homes for sale

30

Up42.9%MoM

Price cuts

40.0%

Up136.7%MoM

New listings

16

Down33.3%MoM

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

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The comparison

How do 23605 home prices compare?

  • 23605$231,005
  • 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

The market has 30 homes for sale and 16 new listings, so buyers have some choice without a flood of supply. A median of 29 days on market points to homes moving at a steady pace. Still, 40.0% of listings have taken a price cut, even as the typical value of $231,005 is up 1.4% over the past year. For a seller, the honest read is that demand is present, but pricing too high is likely to get tested.

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