Newport, MN 55055 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Newport, MN—55055

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$355,000

2.8% YoY Growth

Household Income

$63,400

0.0% YoY Growth

Days on Market

7.0% Longer YoY

Home Price Forecast

-1.6%

Median Rent

$1,260

6.6% YoY Growth

1-Bed Rent

$1,180

0.8% YoY Growth

2-Bed Rent

$1,350

9.8% YoY Growth

3-Bed Rent

N/A

Home Price Trends — Newport, MN

As of May '26, the median home price in Newport, MN is $355,000, with a year-over-year change of 2.8%. This indicates that home prices in Newport, MN are increasing. According to Zillow, the 1-year price projection is -1.6%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$355,000	2.8%
Single Family	$356,000	2.6%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Newport, MN

As of July '25, Rentcast reports the average rent in Newport, MN is $1,290, with a year-over-year rent change of 6.6%. Per bedroom, the median rent as of July '25 in Newport, MN is 1-bedrooms: $1,180, 2-bedrooms: $1,350. The most common rental property sizes in Newport, MN are 2-bedroom and 1-bedroom, accounting for 50.2% and 48.3% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,260	$1,290
Studio Rent	N/A	N/A
1 Bed Rent	$1,180	$1,180
2 Bed Rent	$1,350	$1,350
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

48.3%

2 Bedrooms

50.2%

3 Bedrooms

1.5%

Property Listings — Newport, MN

As of May '26, Realtor.com reports that the median days on market for a home in Newport, MN is 21. This is a increase of 7.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$550,000	22.0%
Listing Count	8	44.0%
Listings as % of Homes	0.2%	44.0%
Days on Market	21	7.0%

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Demographics — Newport, MN

As of the latest ACS Survey released in 2023, Newport, MN has a population of 4,460, which has increased by 27.2% over the past 5 years. Newport, MN is a moderately popular place for families, as children make up 18.9% of the population. The area has a moderately educated workforce, with 25.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	4,460	27.2%
% Under 18	18.9%	-18.5%
% Seniors	18.3%	34.6%
% WFH	15.9%	511.5%
% w/ College Degree	25.5%	21.4%

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As of the latest ACS Survey released in 2023, Newport, MN is a predominantly white area, with 68.6% of the population identifying as white. The white population has shrunk by 9.3% in the last 5 years. The second most common race or ethnicity in Newport, MN is hispanic, making up 12.4% of the population. Foreign-born residents account for 8.9% of the population in Newport, MN, and this percentage has increased by 61.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	68.6%	-9.3%
% Black	5.1%	-52.8%
% Hispanic	12.4%	210.0%
% Asian	9.5%	131.7%
% Foreign Born	8.9%	61.8%

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Mortgage and Risk — Newport, MN

According to HUD data as of 2023, there were 76 mortgage originations in Newport, MN, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Newport, MN. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	76
% Conventional Loans	82.0%
% Government Loans	18.0%
% Investor Loans	1.0%
% Second Loans	0.0%
% Cash Out Refinance	11.0%

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Rentals and Section 8 — Newport, MN

Newport, MN lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	87
Total Units Section 8	87
% Rentals under Section 8	13.6%
% Occupied Section 8	83.9%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$20	$1,180	$1,200
2 Bedroom	$110	$1,350	$1,460
3 Bedroom	N/A	N/A	$1,970
4 Bedroom	N/A	N/A	$2,240

Newport, MN—55055

Key Metrics at a Glance

Home Price Trends — Newport, MN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Newport, MN

% of Rental Stock

Property Listings — Newport, MN

Demographics — Newport, MN

Race and Ethnicity

Mortgage and Risk — Newport, MN

Mortgages

Rentals and Section 8 — Newport, MN

Section 8 Market Size

Section 8 Opportunity

Affordability — Newport, MN

Home Price to Income Ratio

Newport, MN — ZIP Code Boundary Map

Nearby ZIP Codes

South Saint Paul, MN

Saint Paul Park, MN

Inver Grove Heights, MN

Battle Creek, Saint Paul, MN

Woodbury, MN

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.2
Median Home Price	$355,000
Median Household Income	$63,400

Newport, MN—55055

Key Metrics at a Glance

Home Price Trends — Newport, MN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Newport, MN

% of Rental Stock

Property Listings — Newport, MN

Demographics — Newport, MN

Race and Ethnicity

Mortgage and Risk — Newport, MN

Mortgages

Rentals and Section 8 — Newport, MN

Section 8 Market Size

Section 8 Opportunity

Affordability — Newport, MN

Home Price to Income Ratio

Newport, MN — ZIP Code Boundary Map

Nearby ZIP Codes

South Saint Paul, MN

Saint Paul Park, MN

Inver Grove Heights, MN

Battle Creek, Saint Paul, MN

Woodbury, MN

Frequently Asked Questions

What is the average home price in Newport, MN 55055?

How have home prices in Newport, MN 55055 changed over the past year?

What is the home price projection for Newport, MN 55055?

What are the demographics of Newport, MN 55055?

How long does it take homes to sell in Newport, MN 55055?

What is the average rent price in Newport, MN 55055?