Market Overview
Home Prices in Newport News, VA
The median home value in Newport News, VA is $297,976 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.4% compared to a year ago and up 1.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Newport News are priced27% below average. Newport News is part of the Virginia Beach-Norfolk-Newport News, VA-NC metro area.
Over the past five years, Newport News home values have risen by approximately31.4%, reflecting strong long-term appreciation in this market.
Price History
Newport News Home Price Trend
City Comparison
Newport News vs. National Median
At $297,976, homes in Newport News cost 27% below the national median of $410,000. This makes Newport News a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Newport News?
20% Down Payment
$59,595
on $297,976
Monthly P&I
$1,554/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,974/mo
incl. taxes & insurance
Income Needed
$78,960
gross annual (30% rule)
10% Down Option
$29,798
+ PMI applies
Loan Amount (20% dn)
$238,381
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Newport News, VA?
The median home value in Newport News is $297,976 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.4% year-over-year.
How much have home prices changed in Newport News?
Over the past year, home values in Newport News have increased by 2.4%. Over five years, prices have risen approximately 31.4%.
How much do I need to earn to buy a home in Newport News?
To comfortably afford the median home price of $297,976 with a 20% down payment ($59,595) at today's rates (6.8%), you'd need a gross annual income of approximately $78,960. This assumes keeping total housing costs at or below 30% of gross income.
How does Newport News compare to the national average home price?
The national median home value is approximately $410,000. At $297,976, homes in Newport News are 27% below the national average.
What metro area is Newport News part of?
Newport News is part of the Virginia Beach-Norfolk-Newport News, VA-NC metropolitan area. Home prices and market conditions can vary across the broader metro region.