Newport, KY Home Values & Market Trends
Real estate market trends reflect that there have been 327 transactions over the past year in Newport. The median value for residential home transactions that occurred over the previous year is $173,946.98. The number of current listings in Newport is 2, and the percentage of properties for sale in the city is 2.00%. Newport, KY currently has 4 properties in foreclosure, 1 bank owned properties, 3 properties headed for auction, and 2 properties for sale.
Newport, KY Real Estate Market Overview
Housing Market Summary for Newport, KY
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $240K | $207.7K | -13.48% |
| Median Sold Price | $185.3K | $207.7K | 12.08% |
| Homes For Sale | 31 | 2 | -93.55% |
| Homes Sold | 146 | 164 | 12.33% |
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, KY
Browse Homes in Newport, KY
Newport home values range from $19,998 to $2,122,159. The median estimated value of a home in Newport is $173,946.98. The median list price of a home is 212,450, and the total count of properties in the city is 4,555.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Newport, KY with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 3 zips within Newport, KY; of those 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, KY ranges from the highest value of $122,421 in 41071 to the lowest value of $122,421 in 41071. Bank owned homes and properties account for 0.02% of properties in Newport, KY. There are 3 zips within Newport, KY; 41071 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions41071 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of Newport, KY. Auction homes and other auction properties account for 0.07% of all properties in Newport, KY. There are 3 zips within Newport, KY; of those zips, the median estimated home value for homes going to auction ranges from $171,917 in 41071 to the lowest value of $80,025 in 41071.
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Guide for Newport, KY
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