Housing Prices in Newport, KY
How much do homes in Newport, KY cost?
Median List Price
$263,900
$178/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Summary: The median home list price in Newport was $263,900 in April 2024, down 7.3% from the previous year, and the median price per square foot was $178.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $284.7K | $189.9K | -33.3% |
2 Bedrooms | $320K | $195K | -39.1% |
3 Bedrooms | $515K | $310K | -39.8% |
4 Bedrooms | - | $282.5K | N/A |
5+ Bedrooms | - | $590K | N/A |
Summary: Newport housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 39.1%, 3 bedroom homes decreased by 39.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Newport, KY
How many homes are available in Newport, KY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
54 | 64 | +18.5% |
Summary: The Newport real estate market had 64 homes for sale in April 2024, a 18.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 3 | -25.0% |
2 Bedrooms | 19 | 31 | +63.2% |
3 Bedrooms | 22 | 21 | -4.5% |
4 Bedrooms | 7 | 5 | -28.6% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Newport housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 63.2%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes increased by 100%.
Days on Market for Newport, KY
How long does it take to sell a home in Newport, KY?
Average Listing Age
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
225 Days | 113 Days | -49.7% |
Summary: Homes in Newport had an average listing age of 113 days in Apr 2024, down by 49.7% compared to the previous year.