Newport, DE

Strong seller's market

Housing market overview · Updated weekly

$735,000median sale price

Homes sold

1

Last 12 weeks

Days on market

56

Average pace

Active listings

1

1.0 months supply

Sale-to-list

147.0%

Above asking

The Newport housing market is currently classified as a strong seller's market with a median sale price of $735,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 56 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

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Frequently asked questions

What is the average home price in Newport?

The median home sale price in Newport is $735,000, down 0.0% from last year.

How long do homes stay on market in Newport?

Homes typically spend 56 days on market before going under contract.

Is Newport a buyer's or seller's market?

With 1.0 months of supply, Newport is currently a strong seller's market.

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