Newport, MN Home Values & Market Trends
Real estate market trends reflect that there have been 50 transactions over the past year in Newport. The median value for residential home transactions that occurred over the previous year is $323,463.38. The number of current listings in Newport is 1, and the percentage of properties for sale in the city is 1.00%. Newport, MN currently has 3 properties in foreclosure, 0 bank owned properties, 3 properties headed for auction, and 1 properties for sale.
Newport, MN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 55055 | $ 479,900 $ 245/sqft |
Housing Market Summary for Newport, MN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $515K | $355.9K | -30.89% |
| Median Sold Price | $310K | $355.9K | 14.82% |
| Homes For Sale | 1 | 1 | - |
| Homes Sold | 28 | 28 | - |
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, MN
Browse Homes in Newport, MN
Newport home values range from $64,363 to $940,750. The median estimated value of a home in Newport is $323,463.38. The median list price of a home is 479,900, and the total count of properties in the city is 1,259.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Newport, MN 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, MN; 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, MN 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 Newport, MN. There is 1 zips within Newport, MN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions55055 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Newport, MN. Auction homes and other auction properties account for 0.24% of all properties in Newport, MN. There is 1 zips within Newport, MN; of that zips, the median estimated home value for homes going to auction ranges from $454,817 in 55055 to the lowest value of $272,577 in 55055.
Compare Nearby Cities
More Real Estate Resources for Newport, MN
Guide for Newport, MN
Overview of the real estate trends in Saint Paul over the past year, analyzing various aspects like sale prices, property values, market activity, and market dynamics on a monthly basis, discussing influences such as economic conditions, interest rates, seasonal changes, and local employment levels.
The article provides a comprehensive analysis of real estate market trends in Minneapolis and its surrounding cities, highlighting various shifts in property values and sales. The observations reflect a diverse and dynamic market catering to varying buyer preferences and budgets.
When house prices increase near good school, what options do home buyer have?
Information on foreclosure financing, refinancing, and foreclosure mortgages.