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NEWPORT, RI 02840

Real Estate Market Report  ·  Newport County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The NEWPORT, RI real estate market (02840) currently shows 81 active listings, with 28 pending sales. Homes are averaging 53 days on the market before going under contract.

Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice.

Homes are selling faster, averaging 53 days on market compared to 57 days last year.

The median listing price has fallen 14.4% year-over-year, from $1,340,000 to $1,147,500.

Whether you are buying or selling in NEWPORT, RI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 23,847  ·  Density: 1,265.1/mi²  ·  Median household income: $81,307

Typical home value: $623,214  ·  Homeownership: 47.5%

Market Overview

Active Listings
81
⇧ 17.4% vs 69 last year
Pending
28
35% pending ratio
Median Price
$1,147,500
⇩ 14.4% vs $1,340,000 last year
Average Price
$2,220,023
⇩ 14.5% vs $2,595,194 last year
Days on Market
53
⇩ 7% vs 57 days last year

Price Per Square Foot

Median $/sqft
$726
⇩ 5.5% vs $768/sqft last year
Median Home Size
1,750 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 81 this year vs 69 last year
  • Days on market: 53 now vs 57 last year

Median & Average Pricing

Year over Year
  • Median: $1,147,500 (-14.4% YoY)
  • Average: $2,220,023 (-14.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 17.7 miles — 346 listings ($497,447,403 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
02840Newport, RI 028400.0 mi73$156,940,729$1,195,000$2,149,873
02835Jamestown, RI 028353.9 mi21$59,505,117$1,549,500$2,833,577
02874Saunderstown, RI 028748.2 mi11$30,241,992$1,849,500$2,749,272
02882Narragansett, RI 028828.5 mi40$78,245,000$1,280,750$1,956,125
02852North Kingstown, RI 0285210.5 mi47$66,425,899$762,463$1,413,317
02878Tiverton, RI 0287811.8 mi46$39,975,702$597,000$869,037
02809Bristol, RI 0280914.4 mi32$29,307,616$637,500$915,863
02892West Kingston, RI 0289214.7 mi8$5,308,600$666,200$663,575
02724Fall River, MA 0272415.9 mi12$6,221,508$497,425$518,459
02721Fall River, MA 0272116.2 mi32$13,361,184$418,750$417,537
02822Exeter, RI 0282217.3 mi8$5,125,832$784,400$640,729
02725Somerset, MA 0272517.6 mi4$2,073,700$511,950$518,425
02723Fall River, MA 0272317.7 mi12$4,714,524$403,650$392,877

Frequently Asked Questions

How many homes are for sale in NEWPORT, RI 02840?

As of March 2026, there are 81 active listings in NEWPORT, RI (zip code 02840), compared to 69 the prior year.

What is the median home price in NEWPORT, RI 02840?

The median listing price in NEWPORT, RI 02840 is $1,147,500 as of March 2026, a 14.4% decrease from $1,340,000 the prior year.

How long do homes stay on the market in NEWPORT, RI?

Homes in NEWPORT, RI 02840 spend an average of 53 days on the market before going under contract, compared to 57 days the prior year.

Is it a seller's or buyer's market in NEWPORT, RI 02840?

Based on current inventory and days-on-market data as of March 2026, NEWPORT, RI 02840 is currently a Balanced Market. Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice. Homes are selling faster, averaging 53 days on market compared to 57 days last year.

How much can I save on real estate commission in NEWPORT, RI?

With SELL123.com's maximum 3% commission, sellers in NEWPORT, RI 02840 save an estimated $22,950 compared to a typical 5% commission on the median listing price of $1,147,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.