Housing Prices in Newport, KY

How much do homes in Newport, KY cost?

Median List Price

$279,500

$195/sqft

Based on all homes listed in November 2024.

Difference Since Last Month

-$8,000(-2.8%)

Key Takeaway

The list price of homes in Newport has decreased by 2.8% since October.

Summary: The median home list price in Newport was $279,500 in November 2024, down 2.8% from the previous month, and the median price per square foot was $195.

Median List Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $287K$219.9K
-23.4%
2 $267.7K$239.9K
-10.4%
3 $270K$280K
+3.7%
4 $562K$499K
-11.2%
5+ $2.3M$1.9M
-18.8%

Summary: Newport housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 23.4%, 2 bedroom homes decreased by 10.4%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 11.2%, and 5+ bedroom homes decreased by 18.8%.

Median List Price Compared To Nearby Cities

Bellevue
-0.8%
Newport
-2.8%

Housing Supply in Newport, KY

How many homes are available in Newport, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6178+27.9%

Summary: The Newport real estate market had 78 homes for sale in November 2024, a 27.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 15
+400.0%
2 2635
+34.6%
3 2325
+8.7%
4 1011
+10.0%
5+ 12
+100.0%

Summary: The Newport housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 400%, 2 bedroom homes increased by 34.6%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 100%.

Days on Market for Newport, KY

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

Average Listing Age

Oct 2024Nov 2024CHANGE
100 Days87 Days-13.1%

Summary: Homes in Newport had an average listing age of 87 days in Nov 2024, down by 13.1% compared to the previous month.

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

Report Updated 20 Days Ago

Newest Listings in Newport, KY

Nearby Markets to Newport, KY

What housing markets are near Newport, KY?