Housing Prices in Newport, NJ

How much do homes in Newport, NJ cost?

Median List Price

$294,500

$251/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

+$59,500(+25.3%)

Key Takeaway

The list price of homes in Newport has increased by 25.3% since last year.

Summary: The median home list price in Newport was $294,500 in November 2024, up 25.3% from the previous year, and the median price per square foot was $251.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $162K$99K
-38.9%
2 $202.5K$294.5K
+45.4%
3 $349.4K$297.2K
-14.9%
4 $250K$261.4K
+4.6%
5+ $235K-
N/A

Summary: Newport housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 38.9%, 2 bedroom homes increased by 45.4%, 3 bedroom homes decreased by 14.9%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Cedarville
+44.7%
Newport
+25.3%
Lawrence Township
+21.1%
Downe Township
-6.9%
Fortescue
-30.2%

Housing Supply in Newport, NJ

How many homes are available in Newport, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
770.0%

Summary: The Newport real estate market had 7 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 33
0.0%
3 33
0.0%
4 11
0.0%
5+ 00
0.0%

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

Days on Market for Newport, NJ

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

Average Listing Age

Nov 2023Nov 2024CHANGE
219 Days97 Days-55.6%

Summary: Homes in Newport had an average listing age of 97 days in Nov 2024, down by 55.6% compared to the previous year.

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, NJ

Nearby Markets to Newport, NJ

What housing markets are near Newport, NJ?