Newport Housing Market Report March 2025Isle of Wight County, Virginia

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Housing Prices in Newport, VA

How much do homes in Newport, 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.
$418,000$203/SqFt
+$12,500
+3.1%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Newport has increased by 3.1% since last year.

Summary: The median home list price in Newport was $418,000 in March 2025, up 3.1% from the previous year, and the median price per square foot was $203.

Median List Price By Cities

Median List Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Newport
+3.1%
Carrollton
+0.8%
Smithfield
-0.5%
Suffolk
-4.1%

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.
BedsMar 2024Mar 2025Change YoY
1$269.9K$269.9K
0.0%
2$294.1K$286.1K
-2.7%
3$321.4K$339.5K
+5.6%
4$499.4K$499.9K
0.1%
5$682.4K$665K
-2.6%

Summary: Newport housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -2.7%. The home price for 3 bedroom homes increased by +5.6%. The home price for 4 bedroom homes increased by 0.1%. The home price for 5 bedroom homes decreased by -2.6%.

How does Newport, VA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Newport, VA

Housing supply in Newport, VA

How many homes are available in Newport, 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
97Last MonthMar 2025
892 months agoFeb 2025
+9.0 %
Change MoMFeb – Mar

Summary: The Newport real estate market had 97 homes for sale in Mar 2025, a 9.0 % increase compared to Feb 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.
BedsFeb 2025Mar 2025Change MoM
123
+50.0%
22121
0.0%
31922
+15.8%
42930
+3.4%
51821
+16.7%

Summary: Newport housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +50.0%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +15.8%. The inventory for 4 bedroom homes increased by +3.4%. The inventory for 5 bedroom homes increased by +16.7%.

Days on Market for Newport, VA

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

Breakdown of Home Sale Times

Under 30 Days9 Homes

30 – 90 Days4 Homes

Over 90 Days1 Home

Insight

Many homes in Newport are selling fast, if you're buying plan to act quickly.

Summary: During March 2025, 14 homes were sold in Newport; 64% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 7% 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.
This Year1 year agoChange YoY
100 DaysThis YearMar 2025
130 Days1 year agoMar 2024
-22.5 %
Change YoYMar 2024 – Mar 2025

Summary: Homes in Newport had an average listing age of 100 days in Mar 2025, down by 22.5% compared to the previous year.

Newest Listings in Newport, VA

What homes are available in Newport, VA?

MLS Disclaimers and Copyright

Based on information from Real Estate Information Network, Central Virginia Regional MLS, Harrisonburg-Rockingham Association of Realtors MLS, and Roanoke Valley Association of Realtors MLS for the period 04/01/2023 - 04/01/2025

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Some properties which appear for sale on this website have subsequently sold or may no longer be available. REIN updates its listings on a daily basis.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/4/2025, 11:20:53 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: 4/4/2025, 11:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Broker Reciprocity The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of Charlottesville Area Association of REALTORS®, Greater Augusta Association of REALTORS® and Harrisonburg-Rockingham Association of REALTORS®. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Charlottesville Area Association of REALTORS®, Greater Augusta Association of REALTORS® and Harrisonburg-Rockingham Association of REALTORS® does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright © 2025 Charlottesville Area Association of REALTORS®, Greater Augusta Association of REALTORS® and Harrisonburg-Rockingham Association of REALTORS®. 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: 4/4/2025, 11:15:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXAlthough the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes.

All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this web site may only use this listing data for their personal, non-commercial benefit. 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. The unauthorized retrieval or use of this listing data is prohibited.

All information is deemed reliable but not guaranteed, and should be independently verified. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/4/2025, 11:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.