Newport Market Report
$383,457
AVERAGE PRICE OF 190 HOMES$2,355,441
AVERAGE PRICE OF 12 MULTI-MILLION DOLLAR HOMES$738,987
AVERAGE PRICE OF 16 NEWLY BUILT HOMES$717,000
AVERAGE PRICE OF 4 HOMES WITH A POOL$409,500
AVERAGE PRICE OF 4 REDUCED PRICE HOMESAverage Home
| Average Price | $383,457 |
| Avg Bedrooms | 1.38 beds |
| Avg Bathrooms | 1.02 baths |
Average Price by Bedrooms
| 1 bedroom | $1,699,000 |
| 2 bedrooms | $312,820 |
| 3 bedrooms | $393,515 |
| 4 bedrooms | $401,504 |
| 5 bedrooms | $787,450 |
Newport Home Price Trends
| 9/2024 | 8/2024 | 7/2024 | 6/2024 | 5/2024 | |
|---|---|---|---|---|---|
| Total Listings | 313 | 309 | 291 | 293 | 296 |
| Average Price | $351,968 | $412,667 | $417,338 | $441,799 | $423,813 |
| Avg Price Change | -17.25% | -1.13% | -5.86% | +4.24% | +0.50% |
| Median Price | $225,556 | $216,742 | $193,534 | $179,475 | $158,469 |
| Med Price Change | +4.07% | +11.99% | +7.83% | +13.26% | +6.37% |
| Avg Bedrooms | 1.41 beds | 1.36 beds | 1.22 beds | 1.16 beds | 1.08 beds |
| Avg Bathrooms | 1.05 baths | 1.04 baths | 1 bath | .94 bath | .87 bath |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Cocke County | 14 | $369,821 | 108 days |
| Cocke County High | 8 | $826,600 | 92 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 190 | $383,457 | 131 days |
| Multi-Million Dollar Homes | 12 | $2,355,441 | 187 days |
| Newly Built Homes | 16 | $738,987 | 102 days |
| Homes with a Pool | 4 | $717,000 | 155 days |
| Reduced Price Homes | 4 | $409,500 | 97 days |
