This Week's Real Estate Market Report

Newport, RI

Single-Family Homes

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



Newport, RI

Wed Jul 30 2025
This week the median list price for Newport, RI is $2,147,000 with the market action index hovering around 35. This is an increase over last month's market action index of 34. Inventory has held steady at or around 42. 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 have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Newport, RI

Wed Jul 30 2025
This week the median list price for Newport, RI is $2,147,000 with the market action index hovering around 35. This is an increase over last month's market action index of 34. Inventory has held steady at or around 42. 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 have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Newport market.
Median List Price $2,147,000
Median Price of New Listings $1,798,000
Per Square Foot $718
Average Days on Market 131
Median Days on Market 60
Price Decreased 26%
Price Increased 2%
Relisted 12%
Inventory 42
Median Rent
Market Action 35
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.

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
$8,600,000 5,470 1 - 2.5 acres 5 5.5 39 0 0 119
$2,572,500 3,686 0.25 - 0.5 acre 4 4.5 105 0 0 56
$1,695,000 2,384 0 - 4,500 sqft 4 3.5 125 1 3 70
$709,000 1,240 0 - 4,500 sqft 3 1.5 74 0 2 49