Newport, RI Housing Market

Newport, RI housing market is somewhat competitive. The median sale price of a home in Newport, RI was $870K last month, an increase of 3.4% since last year. The median sale price per square foot in Newport, RI is $724, an increase of 27.2% since last year. In September 2024:

$870,000

Median Sale Price

27

# of Homes Sold

44

Median Days on Market

Living in Newport

A Guide To

Living in Newport

Known for its rich maritime heritage and the iconic Gilded Age mansions, Newport is home to scenic ocean views, charming neighborhoods, and cultural attractions that draw residents and visitors alike. The city provides ample outdoor activities, from sailing and beachcombing to exploring the scenic Cliff Walk, which winds along the coast. Downtown Newport offers a mix of boutique shopping, local dining, and waterfront parks, fostering a lively yet relaxed atmosphere.

Newport's residents enjoy access to quality schools, diverse dining options, and year-round events, including the Newport Jazz and Folk Festivals. The cost of living is higher than the national average, driven by its desirability and proximity to the coast. Despite its relatively small size, Newport offers a range of housing options, from historic homes and condos to waterfront estates, appealing to both full-time residents and seasonal visitors.

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