Housing Prices in Newport, NJ
How much do homes in Newport, NJ cost?
Median List Price
$297,949
$231/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in Newport has increased by 19.2% since last year.
Summary: The median home list price in Newport was $297,949 in April 2024, up 19.2% from the previous year, and the median price per square foot was $231.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $225K | $99K | -56.0% |
| 2 Bedrooms | $239K | $240K | 0.4% |
| 3 Bedrooms | $324.4K | $349.4K | +7.7% |
| 4 Bedrooms | $314.5K | $440K | +39.9% |
| 5+ Bedrooms | $235K | - | N/A |
Summary: Newport housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 56%, 2 bedroom homes increased by 0.4%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 39.9%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Downe Township | $182.4K | $232.5K | +27.4% |
| Fortescue | $180K | $214.9K | +19.4% |
| Newport | $250K | $297.9K | +19.2% |
| Lawrence Township | $259.9K | $229.9K | -11.5% |
| Cedarville | $249.9K | $214.9K | -14.0% |
Housing Supply in Newport, NJ
How many homes are available in Newport, NJ?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Summary: The Newport real estate market had 8 homes for sale in April 2024, a 14.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 6 | +50.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Newport housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Days on Market for Newport, NJ
How long does it take to sell a home in Newport, NJ?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 180 Days | 71 Days | -60.5% |
Summary: Homes in Newport had an average listing age of 71 days in Apr 2024, down by 60.5% compared to the previous year.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional (SJSR) MLS. Real estate listings held by brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. © 2024 SJSR MLS. All rights reserved.