The housing market in Newport, NC (28570) is doing well and the median value is $287,600, which is significantly lower than the US House Median Value of $338,100. The area experienced an impressive 15.05% increase in house 1 year appreciation while the US average was 8.27%. This indicates that homeowners in this area are experiencing a positive return on investment. The continued appreciation in house values provides a secure foundation for buyers who plan to purchase and live in Newport.
The median home cost in Newport (zip 28570) is $287,600. Home appreciation the last 10 years has been 65.5%. Home Appreciation in Newport (zip 28570) is up 19.7%.
Average Age of Homes
- The median age of Newport (zip 28570) real estate is 27 years old
The Rental Market in Newport (zip 28570)
- Renters make up 26.6% of the Newport (zip 28570) population
- 0.0% of houses and apartments in Newport (zip 28570), 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.