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Featured local agent — Newport, TN
Sarah Mitchell
Compass Real Estate · Newport, TN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Newport, TN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$237,000median sale price
How is the Newport, TN housing market right now?
The median home sale price in Newport, TN is $237,000, up 4.6% year-over-year. Homes sell in an average of 22 days with 25 active listings. The market is currently a buyer'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, TN is currently a buyer's market, based on 8.3 months of supply and homes selling in about 22 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
22
Average pace
Active listings
25
8.3 months supply
Sale-to-list
93.2%
Below asking
What does the Newport housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $237,000 |
| Median list price | $290,000 |
| Year-over-year price change | +4.6% |
| Average days on market | 22 days |
| Active inventory | 25 listings |
| Months of supply | 8.3 months |
| Sale-to-list price ratio | 93.2% |
| Median price per sq ft | $135/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 7 |
| Listings with a price cut | 48.0% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Newport by property type?
How the Newport, TN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $237,000 | $135/sq ft | 3 | 22 days |
| Condo / Co-op | $165,000 | $181/sq ft | 2 | 57 days |
Source: Redfin · Updated monthly
The Newport housing market is currently classified as a buyer's market with a median sale price of $237,000. Prices have risen 4.6% compared to last year, with homes spending an average of 22 days on market, indicating 8.3 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 5.8x provides context for how home values compare to local earning capacity.
Homes for sale in Newport
There are currently 25 homes listed for sale in Newport, Tennessee. The median listing price is $290K.
Active listings
25
Homes on market
Median list price
$290K
Avg. days on market
22
Days until sale
New this week
7
Newly listed
Who lives in Newport?
Population
6,881
Median income
$40,096/yr
Median age
42.6 years
Owner-occupied
48.6%
College grads
13.1%
Avg commute
24.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Newport?
Zillow home value
$230,989
Price-to-income
5.8x
Source: Zillow Research
What is it like to live in Newport?
Newport is a community of approximately 7K residents with a median age of 42.6 years.The median household income is $40,096, which represents a working-class community with solid middle-income opportunities. 13.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 48.6%, showing a blend of owner and renter-occupied properties. The average commute time is 24.9 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?
7 schools tracked · 3,298 students
The largest public schools serving Newport, TN 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.
Cocke Co High School
Grades 9-12 · 1,140 students
Newport Grammar School
Grades PK-8 · 690 students
Edgemont Elementary
Grades PK-8 · 561 students
Northwest Elementary
Grades PK-8 · 378 students
Bridgeport Elementary
Grades PK-8 · 287 students
Centerview Elementary
Grades PK-8 · 240 students
Cocke Co Adult High School
Grades 9-12 · 2 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, TN?
Want a head-to-head view? Compare Newport 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?
The median home sale price in Newport is $237,000, up 4.6% from last year.
How long do homes stay on market in Newport?
Homes typically spend 22 days on market before going under contract.
What is the median income in Newport?
The median household income is $40,096 per year.
Is Newport a buyer's or seller's market?
With 8.3 months of supply, Newport is currently a buyer's market.
What is the Zillow home value estimate for Newport?
The Zillow Home Value Index (ZHVI) for Newport is $230,989, representing the typical home value in the area.
What is the median condo price in Newport?
The median condo/co-op sale price in Newport, TN is $165,000, compared to $237,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Newport?
The median single-family home price in Newport, TN is $237,000 (about $135 per square foot).
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