Housing Prices in Newport, KY

How much do homes in Newport, KY cost?

Median List Price

$200,908

$149/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$10,965(+5.8%)

Key Takeaway

The list price of homes in Newport has increased by 5.8% since last year.

Summary: The median home list price in Newport was $200,908 in March 2024, up 5.8% from the previous year, and the median price per square foot was $149.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $130K$133.9K
+3.0%
2 $159.9K$177.4K
+10.9%
3 $202.4K$224.9K
+11.1%
4 $267.4K$289K
+8.1%
5+ $272.4K$339K
+24.4%

Summary: Newport housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3%, 2 bedroom homes increased by 10.9%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 24.4%.

Median List Price Compared To Nearby Cities

Woodlawn
+11.1%
Southgate
+7.2%
Bellevue
+7.1%
Newport
+5.8%
Fort Thomas
+5.2%

Housing Supply in Newport, KY

How many homes are available in Newport, KY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1,4671,461-0.4%

Summary: The Newport real estate market had 1,461 homes for sale in March 2024, a 0.4% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 8281
-1.2%
2 508510
0.4%
3 649648
-0.2%
4 184179
-2.7%
5+ 4443
-2.3%

Summary: The Newport housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 1.2%, 2 bedroom homes increased by 0.4%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes decreased by 2.3%.

Days on Market for Newport, KY

How long does it take to sell a home in Newport, KY?

Average Listing Age

Mar 2023Mar 2024CHANGE
846 Days993 Days+17.3%

Summary: Homes in Newport had an average listing age of 993 days in Mar 2024, up by 17.3% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

Newest Listings in Newport, KY

Nearby Markets to Newport, KY

What housing markets are near Newport, KY?