Is Newport, NH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Newport is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Newport has remained a Seller's Market.

Key Takeaway

Newport is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Newport, NH

How much do homes in Newport, NH cost?

Median Sold Price

$240,000

$174/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$162,500(-40.4%)

Key Takeaway

Homes in Newport have sold for 40.4% less than they did a month ago.

Summary: The median home sold price in Newport was $240,000 in November 2024, down 40.4% from last month, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $625K-
N/A
2 -$160K
N/A
3 $330K$327.5K
-0.8%
4 $554.5K-
N/A
5+ -$415K
N/A

Summary: Newport housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 0.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Sunapee
+93.9%
Croydon
-10.6%
Newport
-40.4%

Housing Supply in Newport, NH

How many homes are available in Newport, NH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3035+16.7%

Summary: The Newport real estate market had 35 homes for sale in November 2024, a 16.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 99
0.0%
3 1421
+50.0%
4 43
-25.0%
5+ 22
0.0%

Summary: The Newport housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
660.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Newport, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Newport in November 2024, the same as the previous month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.

Days on Market for Newport, NH

We’re sorry, we don't have information for this market at the moment

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

Report Updated 17 Days Ago

Newest Listings in Newport, NH

Nearby Markets to Newport, NH