Newport East, RI
Housing market overview · Updated weekly
$313,750median sale price
Homes sold
2
Last 12 weeks
Days on market
112
Average pace
Active listings
23
11.5 months supply
Sale-to-list
91.8%
Below asking
The Newport East housing market is currently classified as a buyer's market with a median sale price of $313,750. Prices have fallen 80.3% compared to last year, with homes spending an average of 112 days on market, indicating 11.5 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
Explore nearby cities in RI
Frequently asked questions
What is the average home price in Newport East?
The median home sale price in Newport East is $313,750, down 80.3% from last year.
How long do homes stay on market in Newport East?
Homes typically spend 112 days on market before going under contract.
Is Newport East a buyer's or seller's market?
With 11.5 months of supply, Newport East is currently a buyer's market.
Get Newport East market alerts
Weekly updates on prices, inventory, and trends. Free forever.