Downtown Newport, RI Housing Market

The Downtown Newport housing market is not very competitive. The median sale price of a home in Downtown Newport was $1.0M last month, down 21.6% since last year.

Trends
Demand
Schools
Climate
Transportation

Downtown Newport Housing Market Trends

What is the housing market like in Downtown Newport today?

In September 2024, Downtown Newport home prices were down 21.6% compared to last year, selling for a median price of $1.0M.

$550K

Sale Price

$1.01K

Sale $/Sq. Ft.

Under List Price

3.4%

Days on Market

Down Payment

23.9%

Total Homes Sold

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.

Work with the best agents in Downtown Newport

Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.

How hot is the Downtown Newport housing market?

Downtown Newport is not very competitive. Homes sell in 56 days.

100

Not Very Competitive

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.

Compare With Nearby Neighborhoods

Ocean Drive

100

Not Very Competitive

Multiple offers are rare.
The average homes sell for about 5% below list price and go pending in around 170 days.
Hot homes
can sell for around list price and go pending in around 43 days.

Bellevue Avenue & Estates

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 51 days.
Hot homes
can sell for about 1% above list price and go pending in around 6 days.

See more nearby cities and neighborhoods

View houses in Downtown Newport that sold recently

Recently sold homes

SOLD NOV 4, 2024
$550,000 Last Sold Price
1 bed
1 bath
545 sq ft
14 Pelham St #8, Newport, RI 02840
List Price
$550,000
Sale to List
0% over list
Days on Market
38 days
14 Pelham St #8, Newport, RI 02840
SOLD AUG 21, 2024
$1,250,000 Last Sold Price
3 beds
2.5 baths
3,800 sq ft
32 Green St, Newport, RI 02840
List Price
$1,500,000
Sale to List
17% under list
Days on Market
230 days
32 Green St, Newport, RI 02840
SOLD AUG 5, 2024
$565,000
1 bed
1 bath
603 sq ft
14 Pelham St #5, Newport, RI 02840
List Price
—
Sale to List
—
Days on Market
—
14 Pelham St #5, Newport, RI 02840
SOLD JUL 23, 2024
$559,000 Last Sold Price
1 bed
1 bath
600 sq ft
14 Pelham St, Newport, RI 02840
List Price
$559,000
Sale to List
0% over list
Days on Market
76 days
14 Pelham St, Newport, RI 02840
SOLD JUL 19, 2024
$750,000 Last Sold Price
1 bed
2 baths
980 sq ft
15 Clarke St #3, Newport, RI 02840
List Price
$795,000
Sale to List
6% under list
Days on Market
65 days
15 Clarke St #3, Newport, RI 02840
SOLD JUL 11, 2024
$3,400,000 Last Sold Price
4 beds
3 baths
2,512 sq ft
31 Coddington #9, Newport, RI 02840
List Price
$3,395,000
Sale to List
0% over list
Days on Market
24 days
31 Coddington #9, Newport, RI 02840
SOLD JUL 1, 2024
$9,750,000
6 beds
5 baths
16,755 sq ft
142 Thames St #138, Newport, RI 02840
List Price
—
Sale to List
—
Days on Market
—
142 Thames St #138, Newport, RI 02840

Schools in Downtown Newport

Learn about schools in the Downtown Newport area

Elementary
Middle
High

GreatSchools Rating

No elementary schools in this region.

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.

Flood Factor - Moderate

38% of properties are at risk of severe flooding over the next 30 years

Wind Factor - Severe

100% of properties are at severe risk of a severe wind event over the next 30 years

Heat Factor - Major

99% of properties are at major risk of heat over the next 30 years

Provided by First Street Foundation

Transportation in Downtown Newport

Learn about the walkability, bikeability, and transit-friendliness of Downtown Newport

95 / 100

Walker's Paradise

Walk Score®

75 / 100

Excellent Transit

Transit Score®

87 / 100

Very Bikeable

Bike Score®

More real estate resources for Downtown Newport

New Listings in Downtown Newport

City Housing Markets

Zip Code Housing Markets

Nearby Neighborhood Housing Markets

City Listings

Zip Code Listings

Nearby Neighborhood Listings

Rentals

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Why Redfin?

Community Impact

Diversity & Inclusion

Find us

Become a Lender Partner

Subsidiaries

Rent.

ApartmentGuide

Bay Equity Home Loans

Title Forward

Countries

United States

Canada

Updated January 2023: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, TITLE FORWARD, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.