Newport Real Estate Market Sees Sales Decline

While home sales in the Newport market have been above average, in this week's report they dropped 50.0% to two homes sold over the last 30 days. Within the same time frame, Florence had 29 sales, the most of all cities in the area. The median sales price dropped to $285,130, down from last week's $346,080. With decreasing sales and the availability of 12 months of inventory, Newport is a strong buyer's market.

If a home with lots of bedrooms is what you want, then be sure to go see these listings in Newport:

$799K   $289K   $429K  

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

Demographic facts about Newport:

  • The total number of vacant homes in the area is 21.4%.
  • Average number of sunny days is 156 per year. (U.S. average: 205)
  • There are 434 students for every librarian. (803 = national average)

Data reported through 10/13/2016

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