Newport, RI—02840
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$966,000
8.1% YoY Growth
Household Income
$83,500
28.6% YoY Growth
Days on Market
41
3.0% Longer YoY
Home Price Forecast
3.0%
Median Rent
$3,250
0.5% YoY Growth
1-Bed Rent
$2,500
13.4% YoY Growth
2-Bed Rent
$2,850
4.9% YoY Growth
3-Bed Rent
$3,750
4.9% YoY Growth
Home Price Trends — Newport, RI
As of May '26, the median home price in Newport, RI is $966,000, with a year-over-year change of 8.1%. This indicates that home prices in Newport, RI are increasing. According to Zillow, the 1-year price projection is 3.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $966,000 | 8.1% |
| Single Family | $1,070,000 | 6.7% |
| Condos | $707,000 | 8.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |