Newport Real Estate Market Sees Sales On the Rise

The Newport market looked busy in this week's report, as the number of home sales climbed 8.0%, pushing the total to 27 homes sold over the last 30 days. Within the same time frame, Warwick had 127 sales, the most of all cities in the area. Potential buyers should note that prices went up in Newport, with the median for this period rising from $382,000 to $389,000. Newport is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of nine months of remaining inventory.

Make sure you take a look at these eye-catching homes in Newport that generated the most views from potential buyers:

$4.5M   $6.5M   $274K  

Get started right now by checking out Newport homes for sale or reviewing Newport real estate trends.

Demographic facts for Newport:

  • The population has decreased 6.5% in the last 10 years.
  • The safety rating here is 60. (Scale: 1 = Worst, 100 = Best)
  • The average commute to work for people in this area is 17 minutes.

Data reported through 10/12/2016

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Humphrey Realty Group, LLC
Snapped 1 home in this area
Rhode Island Residential
Snapped 20 homes in this area
Otis & Ahearn Seaport
Snapped 1 home in this area

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