Newport, ME
Housing market overview · Updated weekly
$215,000median sale price
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
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
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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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