This Week's Real Estate Market Report

Newport, RI 02840

Single-Family Homes

The Hogan Associates Real Estate Team | 401-845-9500 | info@hoganassociatesre.com



Newport, RI 02840

Thu Sep 11 2025
This week the median list price for Newport, RI 02840 is $2,250,000 with the market action index hovering around 38. This is less than last month's market action index of 39. Inventory has decreased to 33. Click here to stay informed with the Newport market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Newport, RI 02840

Thu Sep 11 2025
This week the median list price for Newport, RI 02840 is $2,250,000 with the market action index hovering around 38. This is less than last month's market action index of 39. Inventory has decreased to 33. Click here to stay informed with the Newport market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Newport market.
Median List Price $2,250,000
Median Price of New Listings $962,500
Per Square Foot $644
Average Days on Market 119
Median Days on Market 91
Price Decreased 27%
Price Increased 6%
Relisted 9%
Inventory 33
Median Rent
Market Action 38
Slight Seller's Advantage

We continue to see prices in this zip code hovering around these current levels, even though they bumped up a bit this week. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$6,750,000 5,225 1 - 2.5 acres 5 5 46 0 1 154
$2,622,500 3,986 0.25 - 0.5 acre 5 4.5 139 0 0 84
$1,537,500 2,445 0 - 4,500 sqft 4 3.5 145 1 1 70
$709,000 1,273 0 - 4,500 sqft 3 2 87 1 0 91