Home Values

Newport County Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$336,200

  • 2.7% 1-year change
  • 1.1% 1-year forecast

The median home value in Newport County is $336,200. Newport County home values have gone up 2.7% over the past year and Zillow predicts they will rise 1.1% within the next year. The median list price per square foot in Newport County is $263, which is higher than the Providence Metro average of $176. The median price of homes currently listed in Newport County is $415,000 while the median price of homes that sold is $279,000. The median rent price in Newport County is $1,750, which is higher than the Providence Metro median of $1,295.

Foreclosures will be a factor impacting home values in the next several years. In Newport County 5.3 homes are foreclosed (per 10,000). This is greater than the Providence Metro value of 5.1 and also greater than the national value of 4.0

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Newport County is 5.2%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Newport County homeowners underwater on their mortgage is 11.6%, which is lower than Providence Metro at 20.9%.

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Relative ZHVI
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Newport County Market Overview

Data through Sep 30, 2014
  • $336,200 ZHVI
  • 1.1% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Sep 30, 2015)
  • $415,000 Median listing price
  • $279,000 Median sale price
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Newport County Market Health

Data through Sep 30, 2014
  • 2.8/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 11.6% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 5.2% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

5.3 homes Newport County
5.1 homes Providence Metro
4 homes United States
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Cities in Newport County

Name Median ZHVI
Jamestown $514,300
Little Compton $473,100
Newport $365,700
Name Median ZHVI
Portsmouth $319,800
Middletown $315,800
Town of Tiverton $227,500

Listings & Sales

Data through Sep 30, 2014
  • $263 Median list price / sq ft
  • $217 Median sale price / sq ft
  • 37.9% Listings with price cut
37.1%
Sold below listing
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Newport County Rentals

Data through Sep 30, 2014
  • Zillow Rent Index

  • $1,941 Newport County
    $1,494 Providence Metro
    $1,335 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 4.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,750 Rent list price
  • $1.37 Rent list price / sq ft
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