Housing Prices in Newport, KY

How much do homes in Newport, KY cost?

Median List Price

$319,950

$203/sqft

Based on all homes listed in May 2024.

Difference Since Last Month

-$130,050(-28.9%)

Key Takeaway

The list price of homes in Newport has decreased by 28.9% since April.

Summary: The median home list price in Newport was $319,950 in May 2024, down 28.9% from the previous month, and the median price per square foot was $203.

Median List Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 -$284.9K
N/A
2 $208K$217.5K
+4.6%
3 $674.9K$382.4K
-43.3%
4 $240K$395K
+64.6%
5+ $829.3K$1.3M
+61.5%

Summary: Newport housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.6%, 3 bedroom homes decreased by 43.3%, 4 bedroom homes increased by 64.6%, and 5+ bedroom homes increased by 61.5%.

Median List Price Compared To Nearby Cities

Southgate
+3.3%
Fort Thomas
-0.6%
Bellevue
-20.3%
Newport
-28.9%

Housing Supply in Newport, KY

How many homes are available in Newport, KY?

Number of Homes For Sale

Apr 2024May 2024CHANGE
4064+60.0%

Summary: The Newport real estate market had 64 homes for sale in May 2024, a 60.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 03
+100.0%
2 1928
+47.4%
3 1522
+46.7%
4 37
+133.3%
5+ 34
+33.3%

Summary: The Newport housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 47.4%, 3 bedroom homes increased by 46.7%, 4 bedroom homes increased by 133.3%, and 5+ bedroom homes increased by 33.3%.

Days on Market for Newport, KY

How long does it take to sell a home in Newport, KY?

Average Listing Age

Apr 2024May 2024CHANGE
99 Days84 Days-15.5%

Summary: Homes in Newport had an average listing age of 84 days in May 2024, down by 15.5% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Newport, KY

Nearby Markets to Newport, KY

What housing markets are near Newport, KY?