$4,121 Closing Credit*
$347,000
2,320 SqFt
Lorraine C Sheldon, Listing Office: EMORY HILL REAL ESTATE SERVICES INC.
Housing Prices in Newport, DE
How much do homes in Newport, DE cost?
Median List Price
$314,900
$224/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$57,400(+22.3%)
Key Takeaway
The list price of homes in Newport has increased by 22.3% since last year.
Summary: The median home list price in Newport was $314,900 in October 2024, up 22.3% from the previous year, and the median price per square foot was $224.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $239.9K | $295K | +23.0% |
| 3 Bedrooms | $287.4K | $314.9K | +9.5% |
| 4 Bedrooms | $329.9K | $379K | +14.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: Newport housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 23%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 14.9%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Newport | $257.5K | $314.9K | +22.3% |
| Lower Christiana | $275K | $300K | +9.1% |
Housing Supply in Newport, DE
How many homes are available in Newport, DE?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Summary: The Newport real estate market had 3 homes for sale in October 2024, a 200.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 0 | 1 | +100.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Newport housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Days on Market for Newport, DE
How long does it take to sell a home in Newport, DE?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 117 Days | 57 Days | -51.0% |
Summary: Homes in Newport had an average listing age of 57 days in Oct 2024, down by 51% compared to the previous year.
