The housing in Newport, NE has a median value of $115,900, which is significantly lower than the US house median value of $338,100. However, it still appreciates at a rate of 7.91%, just slightly slower than the national rate of 8.27%. Despite its lower cost compared to other parts of the country, Newport offers its residents an excellent opportunity for financial growth due to its increasing home values.
The median home cost in Newport is $115,900. Home appreciation the last 10 years has been 94.3%. Home Appreciation in Newport is up 16.3%.
Average Age of Homes
- The median age of Newport real estate is 70 years old
The Rental Market in Newport
- Renters make up 0.0% 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.