The housing market in Newport, VT (05855) is incredibly robust with a median house value of $215,900. This is significantly lower than the US median house value of $338,100 and is great news for those hoping to buy a home in Newport. In the last year alone, the housing appreciation rate has been 15.30%, which is higher than the US average of 8.27%. This means that purchasing property in Newport right now could be an incredibly wise decision as it will likely appreciate quickly over the next few years.
The median home cost in Newport (zip 05855) is $215,900. Home appreciation the last 10 years has been 63.5%. Home Appreciation in Newport (zip 05855) is up 19.1%.
Average Age of Homes
- The median age of Newport (zip 05855) real estate is 47 years old
The Rental Market in Newport (zip 05855)
- Renters make up 27.8% of the Newport (zip 05855) population
- 1.4% of houses and apartments in Newport (zip 05855), 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.