Zip 05857 (Newport Center, VT) Housing

The housing market in 05857 Newport Center, Vermont is thriving. The median value of a house in the area is $273,700, which is nearly 20% lower than the median value of a house in the United States as a whole ($338,100). Despite this lower cost of entry however, Newport Center has experienced greater appreciation over the last year than the national average; 15.30% compared to 8.27%. This means that for those looking to buy a home in Newport Center or invest in real estate there, now would be an excellent time to do so.

The median home cost in Newport Center (zip 05857) is $273,700. Home appreciation the last 10 years has been 63.5%. Home Appreciation in Newport Center (zip 05857) is up 19.1%.

Average Age of Homes

- The median age of Newport Center (zip 05857) real estate is 37 years old

The Rental Market in Newport Center (zip 05857)

- Renters make up 11.6% of the Newport Center (zip 05857) population
- 1.1% of houses and apartments in Newport Center (zip 05857), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Newport Center, Vermont	United States
	699.0	139,647,020.0
	40	42
	$273,700	$338,100
	19.1%	16.6%
	60.5%	57.0%
	63.5%	101.1%
	$18.00	$10.98
	$3,537	$2,690
	69.0%	57.4%
	18.2%	11.2%
	12.9%	31.4%
Vacant Housing
	1.1%	1.9%
	0.0%	0.4%
	1.4%	0.7%
	0.0%	0.4%
	11.3%	3.6%
	4.3%	4.1%
Value of Owner-Occupied Housing
	1.0%	2.6%
	0.0%	2.4%
	2.7%	2.8%
	11.0%	3.9%
	0.4%	4.5%
	12.9%	11.3%
	24.5%	13.0%
	37.1%	20.1%
	6.8%	13.6%
	2.3%	8.3%
	0.8%	9.7%
	0.4%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	16.2%	13.6%
	16.2%	13.6%
	15.7%	13.6%
	15.9%	13.2%
	15.7%	14.8%
	15.7%	13.6%
	5.6%	10.0%
	2.4%	4.7%
	14.4%	12.2%

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