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Foreclosure Homes in Newport, NY

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Newport, NY Foreclosures

How much do homes sell for in Newport, NY?
The average home price is currently $214,954.
In Newport, NY, how many homes are available?
There are currently 4 active home listings available in Newport.
What’s the average rental cost in Newport, NY?
The average rental price in Newport is $1,177.
What is the most expensive home in Newport?
The most expensive home sold in Newport had a price of $2,477,550.
What is currently the cheapest priced home in Newport, NY?
The cheapest home for sale in Newport is priced at $18,072.

Living in Newport, NY

Newport, NY is a picturesque village offering a serene living environment with a supportive community atmosphere. It features charming local shops and access to various outdoor activities like hiking and fishing. With good schools and a location that provides easy access to larger urban areas, Newport is perfect for families and individuals alike.

Current Market Conditions in Newport, NY

The real estate market in Newport, NY is currently experiencing a trend of steady growth. The community's charm and appeal continue to attract homebuyers looking for more affordable options compared to larger cities. As such, homes are selling well, though the inventory remains relatively limited. Buyers are encouraged to act quickly as properties are being snapped up swiftly in this desirable area.

In recent months, the demand for homes in Newport has surged, with prices beginning to climb. The village's picturesque surroundings and the increase in remote work opportunities have made it an attractive destination for those seeking a quieter lifestyle.

Home Value Estimator For Newport, NY

There are currently 897 real estate properties in Newport, NY, with a median automated valuation model (AVM) price of $193,086.00. 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, NY, 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, NY, is $214,954.00, with the most expensive house in Newport, NY, topping out at $2,477,550.00 and the cheapest home in Newport, NY, clocking in at $18,072.00. In other words, there’s something for every potential homebuyer or savvy investor in Newport, NY!

Rent Prices In Newport, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Newport, NY, is on a rollercoaster ride. The average rent price in Newport, NY, is $1,177.00. Indeed, when looking to rent in Newport, NY, you can expect to pay as little as $760.00 or as much as $1,820.00, with the average rent median estimated to be $1,180.00. The good news is that finding an affordable and desirable property to rent in Newport, NY -- 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.

Newport, NY Foreclosures

Market Trend for Newport, NY

Total Listings Available: 4

Market Values:

Home Prices from $18,072 to $2,477,550

Average Sales Price: $214,954

Rental Values:

Rental from $760 to $1,820

Average Rent Value: $1,177 / month

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