foreclosure.com

Short Sale Listings in Newport, RI

Search within map
Displaying 1 - 4 of 4
 
More real estate for sale

Other cities with foreclosures
Zip codes

Living in Newport, RI

Newport, RI, is a picturesque coastal city that offers a unique lifestyle characterized by its historic charm, scenic views, and vibrant arts scene. The area boasts excellent educational institutions and ample recreational opportunities, making it an attractive choice for families and investors alike. With its rich history and beautiful landscapes, Newport is a destination for both tourists and residents.

Current Market Conditions in Newport, RI

The Newport real estate market has shown steady appreciation over the last few years, with demand for homes increasing due to the city's charm and prime location along the coast. Investors are particularly drawn to the area due to its potential for seasonal rentals and vacation homes.

Recent trends indicate a shift towards more buyers seeking second homes and vacation properties in the area, which has led to a competitive market. With limited inventory, prices have risen, but the city remains attractive for long-term investment.

Home Value Estimator For Newport, RI

There are currently 10,324 real estate properties in Newport, RI, with a median automated valuation model (AVM) price of $889,474.00. 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, RI, 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, RI, is $1,263,972.00, with the most expensive house in Newport, RI, topping out at $53,441,548.00 and the cheapest home in Newport, RI, clocking in at $43,708.00. In other words, there’s something for every potential homebuyer or savvy investor in Newport, RI!

Rent Prices In Newport, RI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Newport, RI, is on a rollercoaster ride. The average rent price in Newport, RI, is $2,256.00. Indeed, when looking to rent in Newport, RI, you can expect to pay as little as $890.00 or as much as $4,720.00, with the average rent median estimated to be $2,170.00. The good news is that finding an affordable and desirable property to rent in Newport, RI -- 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, RI Short Sale Listings


Nearby Areas

Nearby Zip Codes

Get NEW Foreclosure Listings sent to your inbox

Millions of people receive foreclosure alerts daily, don't miss out.

Equal Housing Opportunity
Privacy Policy   |   Terms and Conditions of Service   |   © Foreclosure.com / ForeclosureFreeSearch.com 1999-2025. All Rights Reserved.