Newport, ME Housing Market & Real Estate

Buyer's market-28.8% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Newport, ME is $215,000, down 28.8% year-over-year. Homes sell in an average of 59 days with 6 active listings. The market is currently a buyer's market.

$215,000median sale price

Is Newport a buyer's or seller's market?

Buyer's market6.0 months of supply59 avg. days on market

Newport, ME is currently a buyer's market, based on 6.0 months of supply and homes selling in about 59 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

59

Average pace

Active listings

6

6.0 months supply

Sale-to-list

93.5%

Below asking

Newport, ME market data

Current housing market statistics for Newport, ME
MetricValue
Median sale price$215,000
Year-over-year price change-28.8%
Average days on market59 days
Active inventory6 listings
Months of supply6.0 months
Sale-to-list price ratio93.5%
Market conditionBuyer's market

Source: Redfin · Updated weekly

The Newport housing market is currently classified as a buyer's market with a median sale price of $215,000. Prices have fallen 28.8% compared to last year, with homes spending an average of 59 days on market, indicating 6.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Newport

There are currently 6 homes listed for sale in Newport, Maine.

Active listings

6

Homes on market

Avg. days on market

59

Days until sale

Price drops:50.0%of listings
Sale-to-list:93.5%

Top public schools in Newport

3 schools tracked · 1,468 students

The largest public schools serving Newport, ME 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.

Nokomis Regional High School

Grades 9-12 · 610 students

Public

Nokomis Regional Middle School

Grades 5-8 · 527 students

Public

Sebasticook Valley Elementary School

Grades PK-4 · 331 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

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Frequently asked questions

What is the average home price in Newport?

The median home sale price in Newport is $215,000, down 28.8% from last year.

How long do homes stay on market in Newport?

Homes typically spend 59 days on market before going under contract.

Is Newport a buyer's or seller's market?

With 6.0 months of supply, Newport is currently a buyer's market.

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