Newport, MN is a great place to live with its housing median value of $301,200. Although the US house median value is higher at $338,100, Newport still has seen an appreciation rate of 6.66% in the last year which is slightly lower than the national average of 8.27%. This makes it an attractive option for those looking to move out or relocate to the area for its affordable housing prices and growing number of amenities.
The median home cost in Newport is $301,200. Home appreciation the last 10 years has been 94.0%. Home Appreciation in Newport is up 12.2%.
Average Age of Homes
- The median age of Newport real estate is 42 years old
The Rental Market in Newport
- Renters make up 32.4% of the Newport population
- 0.0% of houses and apartments in Newport, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.