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Featured local agent — Newport, KY
Sarah Mitchell
Compass Real Estate · Newport, KY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Newport, KY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$302,000median sale price
How is the Newport, KY housing market right now?
The median home sale price in Newport, KY is $302,000, down 7.1% year-over-year. Homes sell in an average of 6 days with 72 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Newport a buyer's or seller's market?
Newport, KY is currently a seller's market, based on 3.4 months of supply and homes selling in about 6 days. How we determine this →
Homes sold
21
Last 12 weeks
Days on market
6
Fast-moving
Active listings
72
3.4 months supply
Sale-to-list
101.1%
Above asking
What does the Newport housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $302,000 |
| Median list price | $270,000 |
| Year-over-year price change | -7.1% |
| Average days on market | 6 days |
| Active inventory | 72 listings |
| Months of supply | 3.4 months |
| Sale-to-list price ratio | 101.1% |
| Median price per sq ft | $200/sq ft |
| Homes sold (latest month) | 21 |
| New listings (latest month) | 23 |
| Listings with a price cut | 31.9% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Newport by property type?
How the Newport, KY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $300,000 | $200/sq ft | 15 | 4 days |
Source: Redfin · Updated monthly
The Newport housing market is currently classified as a seller's market with a median sale price of $302,000. Prices have fallen 7.1% compared to last year, with homes spending an average of 6 days on market, indicating 3.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.3x provides context for how home values compare to local earning capacity.
Homes for sale in Newport
There are currently 72 homes listed for sale in Newport, Kentucky. The median listing price is $270K.
Active listings
72
Homes on market
Median list price
$270K
Avg. days on market
6
Days until sale
New this week
23
Newly listed
Who lives in Newport?
Population
14,039
Median income
$58,422/yr
Median age
40.4 years
Owner-occupied
48.4%
College grads
35.8%
Avg commute
21.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Newport?
Zillow home value
$249,761
Zillow rent index
$1,614/mo
Price-to-rent ratio
12.9x
Price-to-income
4.3x
Source: Zillow Research
What is it like to live in Newport?
Newport is a community of approximately 14K residents with a median age of 40.4 years.The median household income is $58,422, which represents a working-class community with solid middle-income opportunities. 35.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 48.4%, showing a blend of owner and renter-occupied properties. The average commute time is 21.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Newport offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Newport?
5 schools tracked · 1,393 students
The largest public schools serving Newport, KY by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Newport High School
Grades 7-12 · 584 students
Newport Primary School
Grades PK-2 · 396 students
Newport Intermediate School
Grades 3-6 · 361 students
Newport School of Innovation
Grades K-12 · 46 students
Newport Regional School
Grades 6-12 · 6 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Newport, KY?
Want a head-to-head view? Compare Newport side-by-side with any other U.S. city using our market-comparison tool.
Is Newport a good real estate investment market?
For investors evaluating Newport, the price-to-rent ratio of 12.9x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 7.1% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Newport's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Newport's median home price.
Frequently asked questions
What is the average home price in Newport?
The median home sale price in Newport is $302,000, down 7.1% from last year.
How long do homes stay on market in Newport?
Homes typically spend 6 days on market before going under contract.
What is the median income in Newport?
The median household income is $58,422 per year.
Is Newport a buyer's or seller's market?
With 3.4 months of supply, Newport is currently a seller's market.
What is the Zillow home value estimate for Newport?
The Zillow Home Value Index (ZHVI) for Newport is $249,761, representing the typical home value in the area.
How much does a single-family home cost in Newport?
The median single-family home price in Newport, KY is $300,000 (about $200 per square foot).
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