Is Newtown, VA 23126 a buyer’s or seller’s market?
Newtown is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Newtown housing market right now
In the three months ending August 31, 2026, 0% of homes in Newtown, VA 23126 sold above their list price, the typical home went under contract in 27 days and there were 9.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (32 days then) and the median sale price rose 21% to $514,777. Overall, Newtown is about as competitive as it was a year ago.
Within King and Queen County, homes here sell faster than in 67% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Shacklefords 23156 (50% sold over asking) and Center Cross 22437 (20% sold over asking) are even more competitive.
Run the numbers for 23126
Nearby markets
Bruington 23023 — /sq ftCenter Cross 22437Seller’s market $304 /sq ftKing And Queen Court House 23085Seller’s market $245 /sq ftLittle Plymouth 23091Seller’s market $293 /sq ft Browse all markets →Where Newtown is
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Questions about Newtown real estate
Is Newtown a buyer’s or seller’s market?
A buyer’s market: there were 9.6 months of supply in Newtown, VA 23126 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Newtown?
The typical home went under contract in 27 days in the latest three months.
Do homes in Newtown sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Newtown?
About 0.52% of a home’s value a year in King and Queen County, or roughly $2,080 on a $400,000 home.
What is the median home price in Newtown?
The median sale price was $514,777 in the three months ending August 31, 2026, about $186 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology