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Featured local agent — Newport East, RI

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Newport East, RI

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Newport East, RI(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Newport East, RI Housing Market & Real Estate

Seller's market-14.0% YoY

Housing market overview · Updated monthly ·

$830,000median sale price

How is the Newport East, RI housing market right now?

The median home sale price in Newport East, RI is $830,000, down 14.0% year-over-year. Homes sell in an average of 29 days with 32 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 East a buyer's or seller's market?

Seller's market2.5 months of supply29 avg. days on market

Newport East, RI is currently a seller's market, based on 2.5 months of supply and homes selling in about 29 days. How we determine this →

Homes sold

13

Last 12 weeks

Days on market

29

Average pace

Active listings

32

2.5 months supply

Sale-to-list

98.0%

Below asking

What does the Newport East housing market data show?

Current housing market statistics for Newport East, RI
MetricValue
Median sale price$830,000
Median list price$997,500
Year-over-year price change-14.0%
Average days on market29 days
Active inventory32 listings
Months of supply2.5 months
Sale-to-list price ratio98.0%
Median price per sq ft$436/sq ft
Homes sold (latest month)13
New listings (latest month)13
Listings with a price cut40.6%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Newport East by property type?

How the Newport East, RI market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Newport East, RI
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$900,000$499/sq ft935 days
Condo / Co-op$585,000$292/sq ft19 days

Source: Redfin · Updated monthly

The Newport East housing market is currently classified as a seller's market with a median sale price of $830,000. Prices have fallen 14.0% compared to last year, with homes spending an average of 29 days on market, indicating 2.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Homes for sale in Newport East

There are currently 32 homes listed for sale in Newport East, Rhode Island. The median listing price is $998K.

Active listings

32

Homes on market

Median list price

$998K

Avg. days on market

29

Days until sale

New this week

13

Newly listed

Price drops:40.6%of listings
Sale-to-list:98.0%

Who lives in Newport East?

Population

11,262

Median income

$86,310/yr

Median age

45 years

Owner-occupied

54.6%

College grads

44.3%

Avg commute

20.8 min

Source: U.S. Census Bureau ACS

What is it like to live in Newport East?

Newport East is a community of approximately 11K residents with a median age of 45 years.The median household income is $86,310, which reflects a relatively affluent area with strong earning potential. 44.3% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 54.6%, showing a blend of owner and renter-occupied properties. The average commute time is 20.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Newport East offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Newport East, RI?

Want a head-to-head view? Compare Newport East side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Newport East?

The median home sale price in Newport East is $830,000, down 14.0% from last year.

How long do homes stay on market in Newport East?

Homes typically spend 29 days on market before going under contract.

What is the median income in Newport East?

The median household income is $86,310 per year.

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

With 2.5 months of supply, Newport East is currently a seller's market.

What is the median condo price in Newport East?

The median condo/co-op sale price in Newport East, RI is $585,000, compared to $900,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Newport East?

The median single-family home price in Newport East, RI is $900,000 (about $499 per square foot).

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