1 day on Rocket
$3,622 Closing Credit¹
#10586142, Brittany Smitherman, Listing Office: 1st Class Real Estate Elevate
New Market Housing Market Report May 2025•Newport News County, Virginia
Housing Prices in New Market, VA
How much do homes in New Market, VA cost?
Median List Price
$243,000$196/SqFt
-$22,000
-8.3%
Based on all homes listed in the last 12 months
Insight
The list price of homes in New Market has decreased by 8.3% since last year.
Summary: The median home list price in New Market was $243,000 in May 2025, down 8.3% from the previous year, and the median price per square foot was $196.
Median List Price By Neighborhoods
| City | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| Briarfield | $190K | $243K | +27.9% |
| New Market | $265K | $243K | -8.3% |
Median List Price By Bedrooms
| Beds | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $280K | $389.9K | +39.3% |
| 22 Bedrooms | $159.2K | $156.7K | -1.6% |
| 33 Bedrooms | $256K | $236K | -7.8% |
| 44 Bedrooms | $282.4K | $304.4K | +7.8% |
| 55+ Bedrooms | - | $407.4K | N/A |
Summary: New Market housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes increased by +39.3%. The home price for 2 bedroom homes decreased by -1.6%. The home price for 3 bedroom homes decreased by -7.8%. The home price for 4 bedroom homes increased by +7.8%. The home price for 5 bedroom homes did not change.
How does New Market, VA compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
New Market, VA
Housing supply in New Market, VA
How many homes are available in New Market, VA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 31Last MonthMay 2025 | ||
| 322 months agoApr 2025 | -3.1 % Change MoMApr – May |
Summary: The New Market real estate market had 31 homes for sale in May 2025, a 3.1 % decrease compared to Apr 2025.
Homes For Sale By Bedroom Count
| Beds | Apr 2025 | May 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 2 | +100.0% |
| 22 Bedrooms | 2 | 2 | 0.0% |
| 33 Bedrooms | 15 | 13 | -13.3% |
| 44 Bedrooms | 13 | 12 | -7.7% |
| 55+ Bedrooms | 1 | 2 | +100.0% |
Summary: New Market housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -13.3%. The inventory for 4 bedroom homes decreased by -7.7%. The inventory for 5 bedroom homes increased by +100.0%.
Days on Market for New Market, VA
How long does it take to sell a home in New Market, VA?
Breakdown of Home Sale Times
Under 30 Days3 Homes
30 – 90 Days1 Home
Over 90 Days0 Home
Insight
Many homes in New Market are selling fast, if you're buying plan to act quickly.
Summary: During May 2025, 4 homes were sold in New Market; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Listing Age
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 77 DaysThis YearMay 2025 | ||
| 104 Days1 year agoMay 2024 | -25.7 % Change YoYMay 2024 – May 2025 |
Summary: Homes in New Market had an average listing age of 77 days in May 2025, down by 25.7% compared to the previous year.
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Newest Listings in New Market, VA
What homes are available in New Market, VA?
4 days on Rocket
$4,630 Closing Credit¹
#10585783, Omar Shakir, Listing Office: 1st Class RE Coastal Breeze
$2,227 Closing Credit¹
#10583791, Jackie Feagin, Listing Office: BHHS RW Towne Realty
$4,750 Closing Credit¹
#10584087, Katie Prescott, Listing Office: Long & Foster Real Estate Inc.
$3,324 Closing Credit¹
#10582869, Jamie Shannon, Listing Office: EXP Realty LLC
$2,494 Closing Credit¹
#10581148, Ramona Walls, Listing Office: Swell Realty Co
$2,138 Closing Credit¹
#10578976, Brit Porter, Listing Office: Golston Real Estate Inc
$3,859 Closing Credit¹
#10576466, Sara Dunbar, Listing Office: Redfin Corporation
$3,916 Closing Credit¹
#10578387, Theresa Wackowski, Listing Office: RE/MAX Capital
$2,482 Closing Credit¹
#10577731, Neal Rosenbaum, Listing Office: Virginia Commonwealth Realty
$2,375 Closing Credit¹
#10577597, Dusten Keith, Listing Office: BHHS RW Towne Realty
$3,563 Closing Credit¹
#10575654, Pablo Moya, Listing Office: Creed Realty
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Based on information from Real Estate Information Network, for the period 06/01/2023 - 06/01/2025
Copyright © 2025 REIN, Inc - All Rights Reserved. Information Deemed Reliable But Not Guaranteed. The listing data relating to real estate for sale on this web site comes in part from the Real Estate Information Network Inc. (REIN) and has been authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon Data submitted by its Broker Members, and REIN therefore makes no representation or warranty regarding the accuracy of the Data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent.
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Last updated on: 6/3/2025, 5:20:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.