Newport, MN Foreclosures
Current Market Conditions in in Newport, MN As of February 2026?
In the past month, Newport's real estate market has remained competitive, with moderate changes in home prices. Listings are being actively pursued, leading to quicker sales than in previous months. Interest rates have slightly stabilized, which has encouraged more buyers to enter the market. The number of homes sold has increased, indicating a positive shift in market activity. New listings were added across various segments, making it a well-rounded environment for both buyers and sellers. While prices have seen minimal increases, the overall stability of market conditions suggests a robust real estate landscape heading into the next quarter.
How much do homes sell for in Newport, MN?
The average home price is currently $390,856.
In Newport, MN, how many homes are available?
There are currently 2 active home listings available in Newport.
What’s the average rental cost in Newport, MN?
The average rental price in Newport is $1,507.
What is the most expensive home in Newport?
The most expensive home sold in Newport had a price of $13,542,565.
What is currently the cheapest priced home in Newport, MN?
The cheapest home for sale in Newport is priced at $60,930.
Living in Newport, MN
Newport, MN, is a small yet vibrant city located along the Mississippi River, characterized by its friendly community, beautiful parks, and strong educational institutions. With its easy access to the Twin Cities, it provides a perfect blend of suburban living and urban convenience. Residents enjoy ample recreational opportunities and a tight-knit atmosphere where community involvement is encouraged.
Buyer vs Seller Market in Newport, MN
The Newport real estate market is currently showing signs of steady growth, with a balanced number of listings attracting both first-time homebuyers and investors. Homes are selling relatively quickly, and inventory remains at moderate levels, indicating a healthy demand for housing in the area. Given its desirable location, the market is expected to continue on this upward trajectory, with property values gradually increasing.
In recent months, surrounding areas have also seen a rise in property values, as more people seek to relocate from urban centers to suburban communities like Newport. With various amenities and recreational opportunities in the vicinity, the area becomes increasingly appealing to families and young professionals.
Home Value Estimator For Newport, MN
There are currently 1,389 real estate properties
in Newport, MN,
with a median automated valuation model (AVM) price
of $329,172.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Newport, MN, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Newport, MN,
is $390,856.00, with the most expensive house
in Newport, MN, topping out
at $13,542,565.00 and the cheapest home
in Newport, MN,
clocking in at $60,930.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Newport, MN!
Rent Prices
In Newport, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Newport, MN, is on
a rollercoaster ride. The
average rent price in Newport, MN,
is $1,507.00. Indeed, when looking to rent in
Newport, MN, you can expect to pay as little
as $920.00 or as much
as $3,000.00,
with the average rent median estimated to
be $1,460.00. The good news is that finding
an affordable and desirable property to rent in Newport, MN
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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