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Newport

Why you'd want to live in Newport

Newport, Rhode Island, renowned for its historic mansions and vibrant maritime heritage, offers a unique blend of sophistication and coastal charm. Located on Aquidneck Island, Newport boasts stunning ocean views, pristine beaches, and world-class sailing opportunities. The city's Gilded Age architecture and bustling waterfront provide a backdrop for cultural events, music festivals, and fine dining experiences. Residents of Newport can explore historic landmarks such as The Breakers and enjoy recreational activities like surfing or visiting nearby vineyards. With its blend of history, natural beauty, and cultural richness, Newport attracts both tourists and residents seeking a dynamic coastal lifestyle.

Newport Market Report

$1,280,142

AVERAGE PRICE OF 138 HOMES

$3,315,569

AVERAGE PRICE OF 46 MULTI-MILLION DOLLAR HOMES

$1,190,000

AVERAGE PRICE OF 3 REDUCED PRICE HOMES

$1,403,125

AVERAGE PRICE OF 8 NEWLY BUILT HOMES

$1,875,361

AVERAGE PRICE OF 23 HOMES WITH A POOL

Average Home

Average Price $1,280,142
Avg Bedrooms 3 beds
Avg Bathrooms 4.88 baths

Average Price by Bedrooms

1 bedroom $422,827
2 bedrooms $1,083,183
3 bedrooms $1,329,047
4 bedrooms $1,227,799
5 bedrooms $1,819,424
Newport Home Price Trends
  2/2025 1/2025 12/2024 11/2024 10/2024
Total Listings 148 152 151 146 137
Average Price $1,269,301 $1,359,441 $1,411,703 $1,533,085 $1,627,965
Avg Price Change -7.10% -3.84% -8.60% -6.19% -2.63%
Median Price $410,519 $556,618 $644,046 $806,892 $940,482
Med Price Change -35.59% -15.71% -25.28% -16.56% -2.37%
Avg Bedrooms 3.01 beds 3.05 beds 2.92 beds 3.74 beds 3.73 beds
Avg Bathrooms 2.85 baths 2.79 baths 2.72 baths 3.41 baths 3.36 baths
Total Homes Average Price Avg Days on Site
All Homes 138 $1,280,142 57 days
Multi-Million Dollar Homes 46 $3,315,569 74 days
Reduced Price Homes 3 $1,190,000 31 days
Newly Built Homes 8 $1,403,125 145 days
Homes with a Pool 23 $1,875,361 98 days

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Keller Williams Coastal
Erica Arruda
500 Centerville Rd Suite 201
Warwick, RI 02886
401-845-9200
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