03/06/2026
January 2026 Housing Snapshot
https://dashboards.domusanalytics.com/v/REINSnapshot293
Even within a short drive, housing markets across the Peninsula are moving differently. Inventory, pricing, and buyer behavior vary quite a bit depending on the area.
Here’s a quick look at what the January numbers suggest.
Toano
2.03 months of inventory | $495,000 median price | 60 days on market
While inventory remains low, higher price points in this market appear to be slowing buyer decision timelines. Buyers are still active but more deliberate.
Williamsburg
3.88 months of inventory | $492,092 median price | 37 days on market
Williamsburg is trending closer to a balanced market. Inventory levels provide buyers with more options, while homes that are priced appropriately are still moving relatively quickly.
Yorktown
2.01 months of inventory | $537,995 median price | 59 days on market
Inventory remains tight, which supports strong pricing. Homes are taking longer to sell than in previous years, suggesting buyers are being more selective but the overall market still favors sellers.
Newport News
2.44 months of inventory | $301,000 median price | 56 days on market
Inventory remains limited, but the longer marketing times indicate buyers are evaluating properties more carefully. Pricing strategy is becoming increasingly important here.
Hampton
2.47 months of inventory | $302,000 median price | 106% sold to list price | 29 days on market
Hampton remains one of the most competitive areas in the region. Multiple-offer scenarios are still common, pushing average sales above list price.
Gloucester
2.56 months of inventory | $292,000 median price | 44 days on market
Pricing adjustments appear to be occurring here, but demand for homes in this price range continues to support steady activity.
Isle of Wight County
2.86 months of inventory | $522,775 median price | 18 days on market
Homes are moving quickly, suggesting continued demand for newer construction and rural-suburban properties within commuting distance of the Peninsula.
Market takeaway
Across most of the Peninsula, inventory remains below what is typically considered a balanced market. However, longer marketing times in several areas suggest buyers are becoming more selective and pricing strategy is becoming increasingly important.
Sellers are still seeing strong prices in many markets, while buyers are beginning to find slightly more negotiating opportunities than in previous years.
Real estate is always hyper-local. What’s happening in Yorktown may look very different just a few miles away in Gloucester or Hampton.
If you're curious what these numbers mean for your specific neighborhood or plans this year, feel free to reach out.
Take a look at what's on the market here:
https://alix.garrettrealtypartners.com/
