The Downtown Newport housing market is not very competitive. The median sale price of a home in Downtown Newport was $1.8M last month, up 287.0% since last year.
What is the housing market like in Downtown Newport today?
In March 2024, Downtown Newport home prices were up 287.0% compared to last year, selling for a median price of $1.8M.
$1.8M
Sale Price
$904
Sale $/Sq. Ft.
Under List Price
3.4%
Days on Market
56
Down Payment
20.0%
Total Homes Sold
2
To compare other locations to the Downtown Newport and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Newport add value to a home.
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How hot is the Downtown Newport housing market?
Downtown Newport is not very competitive. Homes sell in 56 days.
0
100
15
Not Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Multiple offers are rare.
The average homes sell for about 3% below list price and go pending in around 56 days.
Hot homes
can sell for around list price and go pending in around 42 days.
Home offer insights for Downtown Newport
Explore recent offers and recently sold homes in Downtown Newport
Recent offers
View houses in Downtown Newport that sold recently
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Downtown Newport housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Newport.
Risk Factor
Flood Factor - Severe
44% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Newport has a severe risk of flooding. 101 properties in Downtown Newport are likely to be
severely affected
by flooding over the next 30 years. This represents 44% of all properties in Downtown Newport. Flood risk is increasing faster than the national average.
100% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Downtown Newport has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Downtown Newport is most at risk from hurricanes. 282 properties in Downtown Newport have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 131 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 143 mph.
99% of properties are at major
risk of heat over the next 30 years
Heat Factor
Downtown Newport has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in Downtown Newport have a Major Heat Factor®.
Downtown Newport is expected to see a 157% increase in the number of days over 89ºF over the next 30 years. Downtown Newport is expected to experience 8