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Newport

Why you'd want to live in Newport

Introduction to Newport, Rhode Island Newport, Rhode Island, in Newport county, is 15 miles S of Warwick, Rhode Island (center to center) and 61 miles S of Boston, Massachusetts.The city is included in the Providence - Fall River - Warwick metropolitan area. Newport History Newport was established in 1639. It was founded by William Coddington, Nicholas Easton, William Brenton, Jeremy Clark, John Clarke, Henry Bull, John Coggeshall, and Thomas Hazard. The city was named after Newport, England. It became the most important port of Rhode Island in the colonial period. The first public school was built in 1640. The Quaker meetinghouse of Newport, established in 1699, is Rhode Island's oldest house of worship. The city's first newspaper was published in 1732 and known as the "Rhode Island Gazette." Newport was incorporated in 1784. Newport and nearby Attractions Fort Adams State Park Newport Mansions Museum of Yachting Touro Synagogue National Historic Site Museum of Newport History Fort Adams Things To Do In Newport Newport offers easy access to Easton Beach, Bailey Beach, Collins Beach, Gooseberry Beach, and Hazard Beach. One can also visit the Long Wharf Mall Shopping Center and Bellevue Shopping Center and enjoy a great shopping experience. The Belcourt Castle, Naval War College Museum, Newport Exploration Center Aquarium, and Newport Art Museum are also worth visiting. Newport Transportation Theodore Francis Green State Airport can be reached within several minutes. Newport Higher Education Salve Regina University is within the city. Other universities nearby are Roger Williams University and University of Rhode Island.

Newport Market Report

$1,417,537

AVERAGE PRICE OF 133 HOMES

$199,900

AVERAGE PRICE OF 1 DISTRESSED HOMES

$3,203,437

AVERAGE PRICE OF 48 MULTI-MILLION DOLLAR HOMES

$3,799,500

AVERAGE PRICE OF 2 NEWLY BUILT HOMES

$3,473,917

AVERAGE PRICE OF 12 HOMES WITH A POOL

$1,755,000

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $1,417,537
Avg Bedrooms 3.77 beds
Avg Bathrooms 3.31 baths

Average Price by Bedrooms

1 bedroom $331,000
2 bedrooms $705,688
3 bedrooms $906,445
4 bedrooms $1,375,939
5 bedrooms $2,079,765
Newport Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings 135 144 141 148 148
Average Price $1,472,931 $1,464,104 $1,494,242 $1,454,957 $1,385,246
Avg Price Change +0.60% -2.06% +2.70% +5.03% n/a
Median Price $852,965 $872,166 $881,700 $854,433 $825,000
Med Price Change -2.25% -1.09% +3.19% +3.57% n/a
Avg Bedrooms 3.61 beds 3.62 beds 3.61 beds 3.68 beds 3.64 beds
Avg Bathrooms 3.26 baths 3.22 baths 3.15 baths 3.07 baths 3.04 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 133 $1,417,537 102 days
Distressed Homes 1 $199,900 499 days
Multi-Million Dollar Homes 48 $3,203,437 108 days
Newly Built Homes 2 $3,799,500 99 days
Homes with a Pool 12 $3,473,917 224 days
Reduced Price Homes 1 $1,755,000 24 days
William Raveis
Steven Sitrin
268 Bellevue Avenue
Newport, RI 02840
401-222-9717

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