Newport, KY
Housing market overview · Updated weekly
$279,000median sale price
Homes sold
18
Last 12 weeks
Days on market
66
Average pace
Active listings
59
3.3 months supply
Sale-to-list
95.6%
Below asking
The Newport housing market is currently classified as a leaning buyer's with a median sale price of $279,000. Prices have fallen 33.6% compared to last year, with homes spending an average of 66 days on market, indicating 3.3 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 $279,000, down 33.6% from last year.
How long do homes stay on market in Newport?
Homes typically spend 66 days on market before going under contract.
Is Newport a buyer's or seller's market?
With 3.3 months of supply, Newport is currently a leaning buyer's.
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