If you need assistance, please call 401-222-9717

Newport Market Report

$1,341,948

AVERAGE PRICE OF 121 HOMES

$199,900

AVERAGE PRICE OF 1 DISTRESSED HOMES

$3,000,044

AVERAGE PRICE OF 45 MULTI-MILLION DOLLAR HOMES

$2,574,500

AVERAGE PRICE OF 2 NEWLY BUILT HOMES

$3,102,333

AVERAGE PRICE OF 12 HOMES WITH A POOL

$739,399

AVERAGE PRICE OF 5 REDUCED PRICE HOMES

Average Home

Average Price $1,341,948
Avg Bedrooms 3.41 beds
Avg Bathrooms 2.97 baths

Average Price by Bedrooms

1 bedroom $444,199
2 bedrooms $623,630
3 bedrooms $841,942
4 bedrooms $1,236,500
5 bedrooms $2,148,971
Newport Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 118 124 135 144 141
Average Price $1,385,041 $1,396,701 $1,472,931 $1,464,104 $1,494,242
Avg Price Change -0.84% -5.46% +0.60% -2.06% +2.70%
Median Price $732,333 $759,948 $852,965 $872,166 $881,700
Med Price Change -3.77% -12.24% -2.25% -1.09% +3.19%
Avg Bedrooms 3.43 beds 3.73 beds 3.61 beds 3.62 beds 3.61 beds
Avg Bathrooms 2.95 baths 3.25 baths 3.26 baths 3.22 baths 3.15 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 121 $1,341,948 111 days
Distressed Homes 1 $199,900 558 days
Multi-Million Dollar Homes 45 $3,000,044 128 days
Newly Built Homes 2 $2,574,500 89 days
Homes with a Pool 12 $3,102,333 159 days
Reduced Price Homes 5 $739,399 31 days
William Raveis
Steven Sitrin
268 Bellevue Avenue
Newport, RI 02840
401-222-9717

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.© 2023 State-Wide Multiple Listing Service. All rights reserved.
This site powered by CINC: www.cincpro.com