Housing in Newport, RI

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$865,000

Median List Price

$875,000

Price Per Sq Ft

$634

Days on Market

83

Active Inventory

61

Months of Supply

3.8

Seller's market

Zillow Home Value

$899,011

ZHVI — January 2026

Zillow Rent Index

$2,915

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 11.3%List Price 7.8%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

12.5%

Off Market in 2 Weeks

41.2%

Sale-to-List Ratio

95.6%

Buyer's market

Sold Above Asking
12.5%
Under Contract in 2 Wks
41.2%
Listings with Price Drops
6.6%

Market Activity

Source: Redfin

Homes Sold

16

New Listings

27

Pending Sales

17

Homes Sold 27.3%New Listings 20.6%Pending 32.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$634

Median List $/SF

$586

Sale $/SF 15.1%List $/SF 10.8%Mar 24Jan 26

Newport vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Newport is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$669,500

Median Rent

$1,612

Total Housing Units

13,527

Vacancy Rate

21.1%

Owner Occupied

49.6%

Renter Occupied

50.4%

Median Property Tax

$5,272

per year

Monthly Cost (w/ Mortgage)

$1,955

Housing Types

Single Family
44.0%
Multi-Family
56.0%
Mobile Home
0.0%

The current median sale price in Newport, RI is $865,000 according to Redfin data. Homes spend a median of 83 days on the market. 12.5% of homes sold above asking price. The market has 3.8 months of supply. The median price per square foot is $634. Zillow's observed rent index is $2,915/month. About 49.6% of housing units are owner-occupied. The median year homes were built is 1938. There are 13,527 total housing units.