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Newport News, VA 23602 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Newport News, VA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.24
ActiveActive listings: 3434PendingPending sales: 88
Newport News, VA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $356k$356kSoldMedian sold price (last 6 months): $315k$315k
What homes actually sell for in Newport News, VA
Distribution of 236 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $238k to $365k
$145k to $187k: 15 sales$145k$187k to $229k: 26 sales$229k to $271k: 28 sales$229k$271k to $312k: 38 sales$312k to $354k: 50 sales50sales$312k$354k to $396k: 34 sales$396k to $438k: 17 sales$396k$438k to $480k: 6 salesMedian $315k

What the numbers say

As of October 26, 2026, Resideline is tracking 34 active listings and 8 pending sales in ZIP code 23602. That pending-to-active ratio of 0.24 makes it a faster-moving market: listings are going under contract faster than in most of the ZIP codes Resideline tracks.

The median asking price of current listings is $356,500, while the median of the 236 closed sales Resideline tracked over the last six months was $314,900. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 23602 for 70 days.

Frequently asked questions

What is the median home price in 23602?

The median closed sale price in Newport News, VA 23602 was $314,900 over the last six months, based on 236 closed sales tracked by Resideline. The middle half of those sales ranged from $238,500 to $365,000.

Is 23602 a buyer's or seller's market?

Resideline is currently tracking 8 pending sales against 34 active listings in 23602, a pending-to-active ratio of 0.24. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 23602 is currently a faster-moving market.

Nearby ZIP code market data

Full Newport News, VA housing market report →

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