Is Newport County, RI a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Newport County is a seller's market


Difference Since April 2022

Since last year, Newport County has remained a Seller's Market.

Key Takeaway

Newport County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Newport County, RI cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since April 2022


Key Takeaway

Homes in Newport County have sold for 8.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2022Apr 2023%
1 $360K$394.5K
2 $478.1K$499.5K
3 $552.4K$630K
4 $801.3K$850K
5+ $1.0M$1.2M

Median Sold Price Compared To Nearby Counties

Newport County
Bristol County

How many homes are available in Newport County, RI?

Number of Homes For Sale

Mar 2023Apr 2023%

Homes For Sale By Bedroom Count

# BEDSMar 2023Apr 2023%
1 1823
2 7274
3 117117
4 6368
5+ 3335

Number of Homes Sold

Mar 2023Apr 2023%

Asking Price vs. Sold Price

31 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Newport County, you may be able to get a good deal. 51.7% of homes here sold below asking price last month.

Average Sale Time

Apr 2022Apr 2023%
49 Days61 Days+24.9%

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

21 Homes Were Sold
In 30 - 90 Days

15 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Newport County are selling fast, if you're buying plan to act quickly.

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

About Newport County, RI

Number of homes for sale in Newport County, RI real estate market have reached 317. The number of listings in Newport County, RI increased by 4.6% between March 2023 and April 2023. In April 2023, listings were on the market for 61 days. During the same period, the median list price in this real estate market was $658,783. Real estate listing prices changed between March 2023 and April 2023: prices of 1 bedroom properties increased by 9.6%, 2 bedrooms properties became 4.5% more expensive, prices of 3 bedrooms properties went up by 14%, prices of 4 bedrooms properties went up by 6.1%, 5 bedrooms properties became 14.9% more expensive. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes became 27.8% more available, volume of 2 bedrooms homes went up by 2.8%, 3 bedrooms homes did not move, number of 4 bedrooms homes increased by 7.9%, volume of 5 bedrooms homes went up by 6.1%. Over 15 listings were sold over their listed price in April 2023 in Newport County, RI. In the same period over 31 listings were sold below the listed price and 14 listings were sold for the listed price.

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