Newport, ME Housing

The housing market in Newport, ME is thriving; the median value of a home there is $212,900, much lower than the US median of $338,100. In the past year, there has been a notable appreciation rate of 16.46% for homes in Newport, more than double the US average of 8.27%. This trend highlights the attractiveness of Newport as a place to live and shows that it is an excellent investment opportunity.

The median home cost in Newport is $212,900. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Newport is up 20.6%.

Average Age of Homes

- The median age of Newport real estate is 42 years old

The Rental Market in Newport

- Renters make up 27.1% of the Newport population
- 1.2% 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Newport, Maine	United States
	1,824.0	139,647,020.0
	49	42
	$212,900	$338,100
	20.6%	16.6%
	71.4%	57.0%
	82.1%	101.1%
	$15.73	$10.98
	$2,533	$2,690
	59.9%	57.4%
	21.9%	11.2%
	18.3%	31.4%
Vacant Housing
	1.2%	1.9%
	0.0%	0.4%
	1.0%	0.7%
	0.0%	0.4%
	12.9%	3.6%
	6.7%	4.1%
Value of Owner-Occupied Housing
	8.8%	2.6%
	1.3%	2.4%
	3.9%	2.8%
	2.6%	3.9%
	6.8%	4.5%
	21.2%	11.3%
	17.2%	13.0%
	30.4%	20.1%
	3.6%	13.6%
	2.4%	8.3%
	1.9%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	1.2%	0.2%
	14.7%	13.6%
	14.7%	13.6%
	4.6%	13.6%
	14.4%	13.2%
	13.4%	14.8%
	4.6%	13.6%
	6.3%	10.0%
	4.6%	4.7%
	29.5%	12.2%

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