Newport, VT Foreclosures
How much do homes sell for in Newport, VT?
The average home price is currently $296,287.
In Newport, VT, how many homes are available?
There are currently 1 active home listings available in Newport.
What’s the average rental cost in Newport, VT?
The average rental price in Newport is $1,136.
What is the most expensive home in Newport?
The most expensive home sold in Newport had a price of $2,683,822.
What is currently the cheapest priced home in Newport, VT?
The cheapest home for sale in Newport is priced at $11,414.
Living in Newport, VT
Newport, Vermont is a quaint town nestled on Lake Memphremagog, celebrated for its beautiful scenery and outdoor recreation. Families and nature lovers alike appreciate the variety of local shops and restaurants that contribute to its charm. The community promotes an active lifestyle while providing excellent educational resources for residents.
Current Market Conditions in Newport, VT
The real estate market in Newport, Vermont is characterized by a steady demand, primarily driven by buyers looking for vacation homes and family residences. Due to its scenic beauty and recreational opportunities, properties in Newport tend to maintain their value and attract attention year-round, with a mix of seasonal and year-round residents contributing to market activity.
With the rise of remote work opportunities, many people are seeking homes in quieter, more picturesque locations like Newport, leading to increased competition over available properties. This trend has resulted in a slight upswing in housing prices, as more buyers are willing to invest in this idyllic setting.
Home Value Estimator For Newport, VT
There are currently 2,365 real estate properties
in Newport, VT,
with a median automated valuation model (AVM) price
of $246,967.00. 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, VT, 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, VT,
is $296,287.00, with the most expensive house
in Newport, VT, topping out
at $2,683,822.00 and the cheapest home
in Newport, VT,
clocking in at $11,414.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Newport, VT!
Rent Prices
In Newport, VT
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Newport, VT, is on
a rollercoaster ride. The
average rent price in Newport, VT,
is $1,136.00. Indeed, when looking to rent in
Newport, VT, you can expect to pay as little
as $640.00 or as much
as $2,080.00,
with the average rent median estimated to
be $1,110.00. The good news is that finding
an affordable and desirable property to rent in Newport, VT
-- 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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