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

Newport Market Report

$1,465,975

AVERAGE PRICE OF 144 HOMES

$199,900

AVERAGE PRICE OF 1 DISTRESSED HOMES

$2,879,842

AVERAGE PRICE OF 57 MULTI-MILLION DOLLAR HOMES

$5,033,000

AVERAGE PRICE OF 3 NEWLY BUILT HOMES

$2,768,875

AVERAGE PRICE OF 16 HOMES WITH A POOL

$1,168,833

AVERAGE PRICE OF 6 REDUCED PRICE HOMES

Average Home

Average Price $1,465,975
Avg Bedrooms 3.73 beds
Avg Bathrooms 3.29 baths

Average Price by Bedrooms

1 bedroom $698,000
2 bedrooms $1,044,991
3 bedrooms $1,033,047
4 bedrooms $1,430,983
5 bedrooms $2,628,850
Newport Home Price Trends
  9/2022 8/2022 7/2022 6/2022 5/2022
Total Listings 141 148 148 n/a n/a
Average Price $1,494,242 $1,454,957 $1,385,246 n/a n/a
Avg Price Change +2.70% +5.03% n/a n/a n/a
Median Price $881,700 $854,433 $825,000 n/a n/a
Med Price Change +3.19% +3.57% n/a n/a n/a
Avg Bedrooms 3.61 beds 3.68 beds 3.64 beds n/a n/a
Avg Bathrooms 3.15 baths 3.07 baths 3.04 baths n/a n/a
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 144 $1,465,975 101 days
Distressed Homes 1 $199,900 433 days
Multi-Million Dollar Homes 57 $2,879,842 82 days
Newly Built Homes 3 $5,033,000 39 days
Homes with a Pool 16 $2,768,875 187 days
Reduced Price Homes 6 $1,168,833 67 days
William Raveis
Steven Sitrin
268 Bellevue Avenue
Newport, RI 02840
401-222-9717

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