$3,680 Closing Credit*
$309,900
1,994 SqFt
3 Beds
•2 Full Baths, 1 Partial
Stephanie Lussier, Listing Office: RE/MAX All Seasons Realty - Lyndonville
Is Newport, VT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Newport was a Buyer's Market.
Key Takeaway
Newport is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Newport, VT
How much do homes in Newport, VT cost?
Median Sold Price
$260,750
$155/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$10,750(+4.3%)
Key Takeaway
Homes in Newport have sold for 4.3% more than they did a month ago.
Summary: The median home sold price in Newport was $260,750 in November 2024, up 4.3% from last month, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $291.5K | N/A |
| 3 Bedrooms | $120K | $131K | +9.2% |
| 4 Bedrooms | $380K | $375K | -1.3% |
| 5+ Bedrooms | - | - | 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 increased by 9.2%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Derby | $219K | $425K | +94.1% |
| Newport | $250K | $260.7K | +4.3% |
| Newport Center | $627.5K | $404K | -35.6% |
Housing Supply in Newport, VT
How many homes are available in Newport, VT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 28 | +3.7% |
Summary: The Newport real estate market had 28 homes for sale in November 2024, a 3.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 16 | 17 | +6.3% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
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 decreased by 14.3%, 3 bedroom homes increased by 6.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Newport, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Newport in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 25% were sold at asking, and 75% were sold over asking.
Days on Market for Newport, VT
We’re sorry, we don't have information for this market at the moment
© Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.