$2,482 Closing Credit*
$209,000
1,100 SqFt
2 Beds
•2 Full Baths
Andrew T Baus, Listing Office: BHHS Fox & Roach-Washington-Gloucester
Housing Prices in Newport, NJ
How much do homes in Newport, NJ cost?
Median List Price
$297,249
$272/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$62,249(+26.5%)
Key Takeaway
The list price of homes in Newport has increased by 26.5% since last year.
Summary: The median home list price in Newport was $297,249 in October 2024, up 26.5% from the previous year, and the median price per square foot was $272.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $162K | $99K | -38.9% |
| 2 Bedrooms | $202.5K | $294.5K | +45.4% |
| 3 Bedrooms | $349.4K | $299.9K | -14.2% |
| 4 Bedrooms | $350K | $261.4K | -25.3% |
| 5+ Bedrooms | $235K | - | N/A |
Summary: Newport housing prices by bedroom type for October 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 14.2%, 4 bedroom homes decreased by 25.3%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Newport | $235K | $297.2K | +26.5% |
| Cedarville | $207.4K | $245K | +18.1% |
| Lawrence Township | $244.9K | $269.9K | +10.2% |
| Downe Township | $214.9K | $200K | -6.9% |
| Fortescue | $207.4K | $154.9K | -25.3% |
Housing Supply in Newport, NJ
How many homes are available in Newport, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 8 | +33.3% |
Summary: The Newport real estate market had 8 homes for sale in October 2024, a 33.3% 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 2 | 4 | +100.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 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 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 180 Days | 78 Days | -56.5% |
Summary: Homes in Newport had an average listing age of 78 days in Oct 2024, down by 56.5% compared to the previous year.
