Newport Rhode Island Real Estate
Home prices in Newport Rhode Island are currently hovering around $411,000. This is an almost 10% increase from last year. It’s a pretty significant year over year price increase and the market is very strong. Next year prices are expected to increase, although not as much. Zillow is estimating a 4.9% increase in 2017.
Prices in Newport are significantly higher than the Providence area where home prices are averaging about $183 per square foot vs. Newport where they are $335 per ft.
Home prices in Newport reached their low in mid 2011 when they were at about $315,000. Some of the nearest cities have prices much lower than Newport including Narragansett, Middletown, Portsmouth, Kingston, South Kingston, Bristol, and North Kingstowon.
There are some great real estate agents in Newport including Libby Kirwin with Libby Kirwin Real Estate. She sold about 30 homes in 2016. Libby has a team of 8 real estate agents. Some other highly reviewed real estate agents in Newport include Fitzpatrick Team, Connor David with Keller Williams and Chad Kritzas with Keller Williams.
Moving to Newport
If you’re moving to newport, you will likely want to know more about the public school options in the community. Accordign to Great Schools the district has a 5/10 rating. There are 19 schools in Newport.
Frank E Thompson Middle School: 5/10
Rogers High School: 5/10
St. Michaels Country Day School
St George’s School
Newport Area Career Tech Center
NWR Div Child Development Center
Martin L King Dcc
Pell Elementary School
Emmanuel Day School