Newport, AR Home Values & Market Trends
Real estate market trends reflect that there have been 62 transactions over the past year in Newport. The median value for residential home transactions that occurred over the previous year is $86,211.86. The number of current listings in Newport is 13, and the percentage of properties for sale in the city is 13.00%. Newport, AR currently has 3 properties in foreclosure, 2 bank owned properties, 1 properties headed for auction, and 13 properties for sale.
Newport, AR Real Estate Market Overview
Zip | Median Est. Value |
---|---|
72112 | $ 114,486 $ 79/sqft |
Housing Market Summary for Newport, AR
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $80,000 | $87,681 | 9.60% |
Median Sold Price | $70,069 | $87,681 | 25.14% |
Homes For Sale | 13 | 11 | -15.38% |
Homes Sold | 51 | 40 | -21.57% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Newport, AR
Browse Homes in Newport, AR
Newport home values range from $7,316 to $1,099,500. The median estimated value of a home in Newport is $86,211.86. The median list price of a home is 89,950, and the total count of properties in the city is 3,439.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Newport, AR with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Newport, AR; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Newport, AR ranges from the highest value of $258,555 in 72112 to the lowest value of $40,077 in 72112. Bank owned homes and properties account for 0.06% of properties in Newport, AR. There is 1 zips within Newport, AR; 72112 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions72112 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Newport, AR. Auction homes and other auction properties account for 0.03% of all properties in Newport, AR. There is 1 zips within Newport, AR; of that zips, the median estimated home value for homes going to auction ranges from $67,753 in 72112 to the lowest value of $67,753 in 72112.
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Guide for Newport, AR
A few quick tips to prepare you for selling a luxury home at auction
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