Home prices in Newport News VA for November 2012 Real estate market data for Newport News, VA provided by Rocky Tkacz of Rose and Womble Realty   Newport News Home Prices We have seen 8 straight months where home prices have mostly stayed constant just over the last two months you can see the sold home prices in Newport News are coming in over and above asking price which means we are now in a sellers market. If your are considering buying a home a home yon can still find deals on a house in Newport News but having a good real estate agent who understands the market is a must. Don't wait on the sidelines for too long, many of the listings are selling in matter of days with in being listed if they are priced right. Right now we are having in inventory shortage what does that mean to you?... 11/21/2012