Newport, RI Real Estate Market Summary – September 9, 2026
In Newport, RI, the real estate market has seen 23 properties sold over the last 30 days, with an average of 16 days on the market. The average sale price for homes in this timeframe is $1,879,565, indicating a diverse range in property values throughout the area.
| Metric | 30 Days |
|---|---|
| Number Sold | 23 |
| Sold Per Day | 1 every 1.30 days |
| Average SQFT | 2541 |
| Median Sales Price | $1,600,000 |
| Average Sales Price | $1,879,565 |
| Average Price Per SQFT | $772 |
| Average Days on Market | 16 |
| Average Year Built | 1907 |
Newport, RI Single Family Home Analysis
For single-family homes, 14 properties were sold, with an average living area of 2,239 square feet. The median sale price for these homes stands at $1,887,500, and they spent an average of 18 days on the market.
| Metric | 30 Days |
|---|---|
| Number Sold | 14 |
| Sold Per Day | 1 every 2.14 days |
| Average SQFT | 2239 |
| Median Sales Price | $1,887,500 |
| Average Sales Price | $2,036,786 |
| Average Price Per SQFT | $968 |
| Average Days on Market | 18 |
| Average Year Built | 1918 |
Newport, RI Condo & Townhome Analysis
Within the condo and townhome segment, 4 properties sold, averaging 1,298 square feet. The median sale price for condos and townhomes is $595,000, with an average market duration of 13 days.
| Metric | 30 Days |
|---|---|
| Number Sold | 4 |
| Sold Per Day | 1 every 7.50 days |
| Average SQFT | 1298 |
| Median Sales Price | $595,000 |
| Average Sales Price | $741,875 |
| Average Price Per SQFT | $414 |
| Average Days on Market | 13 |
| Average Year Built | 1912 |
Buyer & Seller Analysis
- Pace of listings is 1 every 1.30 days.
- Homes spent an average of 16 days on the market before selling.
- Average home price is $1,879,565, with a median of $1,600,000.
- The data does not provide insights on active listings or price quotations.
Conclusion
Overall, Newport’s real estate market displays a range of pricing and property sizes, with a steady pace of transactions and relatively quick marketing times.