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Newport Home Values and Market Report

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Report prepared by Burkecthomes.com Coldwell Banker Realty

Market at a glance

Over the last 12 months, homes sold for 94.1% of list price in 60 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $1.75M Sold · $1.66M
$3.1M$2.4M$1.7M$1M
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 31 sales in Jun. Last month: 24.

Where the market stands

All homes in this report, by status.

429homes
Active133 · 31%
Under contract19 · 4%
Sold (12 mo)277 · 65%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

5.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$2.6M
Under contract$1.7M
Sold$1.48M

Average days on market

Active73 days
Under contract40 days
Sold60 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 133
Average list price $2,604,771
Avg. days on market 73 days
Avg. price per ft² $853 Based on 100 of 133 homes
Avg. living area 2,425 ft² Based on 100 of 133 homes
Avg. beds / baths 3.9 / 3.3

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

33 homes didn’t report living area and aren’t shown.

3 homes are larger or pricier than this chart’s scale and aren’t shown.

$15M$10M$5M$0

Price vs. living area: 97 homes plotted, up to $15M and 9,000 ft².

0 ft²3,0006,0009,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

10 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

6 Price's Cove Avenue$3,154
26 Brown and Howard Unit 206$1,866
127 Harrison Avenue Unit 2$1,864
127 Harrison Avenue Unit 7$1,825
18 Ledge Road$1,794
111 Harrison Avenue Unit D5$1,573
124 Harrison Avenue$1,515

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
551 Thames Street Unit H3, H4, H5Newport, RI 02840 ———$49,900,000—136 days
601 Bellevue AvenueNewport, RI 02840 121316,601$18,000,000$1,084181 days
6 Price's Cove AvenueNewport, RI 02840 765,357$16,900,000$3,15487 days
701 Bellevue AvenueNewport, RI 02840 778,854$10,500,000$1,185109 days
2 Harbor View DriveNewport, RI 02840 465,983$8,495,000$1,419307 days
2 Hazard Avenue 4Newport, RI 02840 13128,660$7,500,000$866113 days
2 Hazard Avenue 4Newport, RI 02840 1312—$7,500,000—113 days
315 Ocean AvenueNewport, RI 02840 454,593$6,500,000$1,415231 days
29 Greenough PlaceNewport, RI 02840 675,565$6,250,000$1,12329 days
18 Ledge RoadNewport, RI 02840 553,400$6,100,000$1,794147 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Burkecthomes.com Coldwell Banker Realty

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IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. © 2026 State-Wide Multiple Listing Service. All rights reserved. Data Last Updated:

The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 SmartMLS, Inc.