02840 Home Values & Market Trends
There are 31 homes currently listed for 02840. 02840 real estate market trends show that home prices range from $249,900 to $10,900,000, and the median sales price in the 02840 zip code is $846,042.66. The total number of properties sold within the past twelve months is 380. In 02840, 2 properties are in foreclosure, 0 are bank owned properties,and 2 are headed for auction.
02840 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Newport | $ 1,493,282 $ 631/sqft |
Housing Market Summary for 02840
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $950K | $859.2K | -9.56% |
| Median Sold Price | $844.5K | $859.2K | 1.75% |
| Homes For Sale | 49 | 26 | -46.94% |
| Homes Sold | 115 | 150 | 30.43% |
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 02840
Browse Homes in 02840
The median list price of a home in Newport, is $846,042.66. A total of 31 properties are for sale, and the percentage of properties for sale in the zip code is 31.00%. The total count of 02840 properties is 8,127.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 02840 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 02840; of that cities, 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 02840 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 02840. There is 1 cities within 02840; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsnewport has 2 auction properties, the highest number of properties going to auction in a single city in the state of 02840. Auction homes and other auction properties account for 0.02% of all properties in 02840. There is 1 cities within 02840; of that cities, the median estimated home value for homes going to auction ranges from $1,172,121 in newport to the lowest value of $730,500 in newport.
Compare Nearby Zip Codes
More Real Estate Resources for 02840
Guide for 02840
The article provides a comprehensive analysis of the real estate market in Providence and nearby cities, highlighting the upward trend in property values and resilience of the market despite fluctuating sales.
Rhode Island Foreclosure Laws
Information on foreclosure financing, refinancing, and foreclosure mortgages.
Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.