Exploring the key trends and opportunities in Newport's growing real estate sector.
Newport, RI housing market is somewhat competitive. The median sale price of a home in Newport, RI was $975K last month, an increase of 15.2% since last year. The median sale price per square foot in Newport, RI is $762, an increase of 57.8% since last year. In April 2025:
Median Sale Price
# of Homes Sold
Median Days on Market
Certain homes receive multiple offers. On average, homes sell for approximately 2% below the listing price and typically go under contract within 38 days. However, high-demand homes can sell for about 1% above list price and often go pending within just 10 days.
Where are people moving to Newport from? Nationwide, 3% of homebuyers looked to relocate to Newport from other metropolitan areas. Among these, New York homebuyers showed the highest interest in moving to Newport, followed by those from Hartford and Springfield.
Where are people from Newport moving to? 80% of homebuyers in Newport looked to stay within the Newport metro area. For those considering a move, Portland was the top destination, followed by Lebanon and Miami.
A Guide To
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.
Newport is known for its coastal charm, historic architecture, vibrant sailing community, and walkable neighborhoods. These features continue to drive strong demand for Newport RI real estate, especially for buyers seeking a scenic lifestyle or a second home.
The city offers a diverse mix of properties, including colonial-era homes, updated single-family houses, luxury waterfront estates, and modern condos. Whether you’re searching for houses for sale in Newport RI or a low-maintenance condo near the water, buyers can find options across several distinct neighborhoods.
Yes. Limited coastal inventory and consistent buyer interest make Newport Rhode Island real estate competitive, particularly for renovated homes and properties with ocean views. Well-priced listings often move quickly.
Absolutely. With its strong tourism season, yacht culture, and year-round attractions, Newport RI property for sale is attractive to both vacation-home buyers and investors. Short-term rental demand remains high in permitted areas.
Buyers should consider factors such as proximity to beaches, historic-district regulations, parking, and seasonal activity. Working with a local expert helps buyers better navigate Newport RI homes for sale, especially in areas with older housing stock or waterfront zoning considerations.
A ‘cairn,’ derived from a Scottish Gaelic term, is a man-made pile of carefully balanced stones.
10/5/20 | Libby Kirwin
One of the finest examples of pre-Civil War stone architecture in Newport.
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Enjoy and indulge this summer, from a safe social distance.
08/13/20 | Libby KirwinI pride myself in providing personalized solutions that brings me closer to your dream property and enhance your long-term wealth.
