23605 Housing Market Report February 2025Newport News County, Virginia

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Housing Prices in 23605, VA

How much do homes in 23605, VA cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$240,000$200/SqFt
-$9,900
-4.0%

Based on all homes listed in February 2025

Insight

The list price of homes in 23605 has decreased by 4% since January.

Summary: The median home list price in 23605 was $240,000 in February 2025, down 4% from the previous month, and the median price per square foot was $200.

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2025Feb 2025Change MoM
1--
N/A
2$159.9K$159.9K
0.0%
3$249.9K$240K
-4.0%
4$307.5K$290K
-5.7%
5--
N/A

Summary: 23605 housing price by bedroom type for February 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -4.0%. The home price for 4 bedroom homes decreased by -5.7%. The home price for 5 bedroom homes did not change.

Housing supply in 23605, VA

How many homes are available in 23605, VA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
66Last MonthFeb 2025
602 months agoJan 2025
+10.0 %
Change MoMJan – Feb

Summary: The 23605 real estate market had 66 homes for sale in Feb 2025, a 10.0 % increase compared to Jan 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
100
0.0%
255
0.0%
34552
+15.6%
4109
-10.0%
500
0.0%

Summary: 23605 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +15.6%. The inventory for 4 bedroom homes decreased by -10.0%. The inventory for 5 bedroom homes remained the same.

Days on Market for 23605, VA

How long does it take to sell a home in 23605, VA?

Breakdown of Home Sale Times

Under 30 Days2 Homes

30 – 90 Days5 Homes

Over 90 Days0 Home

Insight

Avg time on Rocket Homes in 23605 has remained consistent over time.

Summary: During February 2025, 7 homes were sold in 23605; 29% of homes were sold within 30 days, 71% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
Last Month1 month agoChange MoM
85 DaysLast MonthFeb 2025
86 Days1 month agoJan 2025
-2.0 %
Change MoMJan – Feb

Summary: Homes in 23605 had an average listing age of 85 days in Feb 2025, down by 2.0% compared to the previous month.

Newest Listings in 23605, VA

What homes are available in 23605, VA?

MLS Disclaimers and Copyright

Based on information from Real Estate Information Network, and Central Virginia Regional MLS for the period 01/01/2025 - 03/01/2025

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/4/2025, 1:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/4/2025, 1:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.