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Housing in Newport

39 homes sold in Newport in the last year, at a typical $375K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Newport homes are listed.

Homes sold
39
June 2025 to May 2026
Typical sale price
$375K
median, weighted by sales
Price per square foot
$204
Minnesota $190
Paid vs. asking
99.4%
36% sold over asking
For sale now
7
May 2026 · 5 sold that month
What sold · last 12 months

Houses are 79% of Newport’s sales, at a typical $394K

39 homes sold in the year to May 2026.

Houses$394K

typical sale · 31 sold in 12 months

Per square foot
$207MN $191
Days to sell
36
Sold over asking
39%
Listings with a price cut
31%
Fewer sales

Multi-family (2–4 units): 1 sold, typical $266K
Townhouses: 5 sold, typical $545K
Condos: 2 sold, typical $124K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2022, at 1.8 times the 2016 price

39 sales in the last year, against 113 in 2021 and a low of 31 in 2012. The typical sale went from $206K in 2016 to $375K.

Homes soldTypical sale price
03775112150$125K$250K$375K$500K2012: 31 sold, typical $105K’122013: 37 sold, typical $145K2014: 44 sold, typical $167K’142015: 43 sold, typical $164K2016: 42 sold, typical $206K’162017: 50 sold, typical $205K2018: 56 sold, typical $255K’182019: 72 sold, typical $322K2020: 92 sold, typical $339K’202021: 113 sold, typical $403K2022: 86 sold, typical $418K’222023: 37 sold, typical $323K2024: 35 sold, typical $345K’242025: 42 sold, typical $376KLast 12 months: 39 sold, typical $375KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $400K buys in Newport

Houseat $207 a sq ft
The same money in Minnesotaat $191 a sq ft

Is this asking price fair?

Check a listing against what Newport homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Newport are rarer than before the pandemic, but 40% fewer homes come up for sale

We read every month of Newport’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 39 sales.

If you’re buying in Newport

  • Shop in October. It brings about 7 new listings a month, close to the busiest month, with fewer bidding wars (31% over asking).
  • Some room to negotiate. 24% of listings cut their price, about as many as before the pandemic.
  • Bid near asking. Buyers paid 99.4% of the list price on average; 36% paid over.
  • Move fast on good ones. Half of homes are under contract within two weeks.
Best time to buy

Fall brings the homes; summer brings the bidding wars

October has the most new listings (about 7 a month), but August is the most competitive: 53% of August sales close over asking. December has the least competition (29%) but only about 2 new listings.

New listings a monthShare sold over asking
02.557.51020%40%60%Sweet spotJan: 3 new listings a month, 33% sold over asking, 61 days to sellJFeb: 4 new listings a month, 34% sold over asking, 72 days to sellFMar: 7 new listings a month, 44% sold over asking, 64 days to sellMApr: 6 new listings a month, 33% sold over asking, 41 days to sellAMay: 6 new listings a month, 43% sold over asking, 25 days to sellMJun: 6 new listings a month, 41% sold over asking, 30 days to sellJJul: 6 new listings a month, 38% sold over asking, 22 days to sellJAug: 6 new listings a month, 53% sold over asking, 36 days to sellASep: 6 new listings a month, 36% sold over asking, 30 days to sellSOct: 7 new listings a month, 31% sold over asking, 38 days to sellONov: 4 new listings a month, 35% sold over asking, 43 days to sellNDec: 2 new listings a month, 29% sold over asking, 59 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and about like Minnesota as a whole

Newport now2017–192021 peakMN now
Sold over askingShare of sales that closed above the list price36%45%31%33%
Gone within two weeksShare of homes under contract within 14 days47%50%72%42%
Listings with a price cutShare of homes for sale that cut their price24%22%13%28%
Price paid vs. askingAverage sale price ÷ list price99.4%100.3%100.8%99.2%
Days to sellMedian days from listing to contract49464235
Supply

7 homes for sale on a typical day

That’s 2.3 times the 2023 low (3), 40% fewer than in 2017–19 and well under 2019’s 18.

2012: 14 for sale’122013: 11 for sale2014: 10 for sale2015: 11 for sale’152016: 9 for sale2017: 9 for sale2018: 9 for sale’182019: 18 for sale2020: 14 for sale2021: 17 for sale’212022: 10 for sale2023: 3 for sale2024: 5 for sale’242025: 6 for saleLast 12 months: 7 for saleNow
Room to negotiate

1 in 4 listings has cut its price

24% in the last year, against 22% in 2017–19 and 28% across Minnesota.

2015: 29%’152016: 32%2017: 28%2018: 28%’182019: 16%2020: 15%2021: 13%’212022: 26%2023: 44%2024: 51%’242025: 27%Last 12 months: 24%Now

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Newport home costs about $2,285 a month

Mortgage
Property tax
Insurance
Rent

Price: Newport’s typical sale, last 12 months. Property tax at Newport’s 1.1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Newport is affordable on local pay is on Cost of living.

Before you buy in Newport

Six things worth knowing

7

New listings in October

The month with the most choice. December has the fewest, about 2.

Best time to buy
1.1%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $375K home, about $3,940 a year.

Taxes vs. neighbors
A−

Schools

The schools grade for Newport, from test results, graduation and how much students grow.

Schools in Newport
25 min

Typical commute

The average one-way trip to work for people who live in Newport.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

South St. Paul, Woodbury, Inver Grove Heights and West St. Paul sell for less a square foot

The busier markets within 25 miles of Newport, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Woodbury1,176$443K$19429%38
Cottage Grove693$412K$19835%35
Inver Grove Heights382$384K$19636%40
West St. Paul243$342K$19043%27
South St. Paul232$300K$18747%23
St. Paul Park64$313K$20148%27
Newport39$375K$20436%49

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Newport, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Newport. People who follow the town see it, and so do people comparing Newport with their own town. No commission, no listing fee.

Questions about buying a home in Newport

What do homes sell for in Newport, MN?

39 homes sold in the year to May 2026 at a typical $375K, $204 a square foot.

Is Newport a buyer’s or seller’s market?

A seller’s market: 7 homes were for sale in May 2026 and 5 sold, about 1.4 months of supply. Buyers paid 99.4% of asking on average, and 24% of listings cut their price.

When is the best time to buy in Newport?

October brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Newport?

About 1.1% of a home’s value a year. On a $375K home that’s near $3,940.

Where can I see homes for sale in Newport?

Zillow, Redfin, Realtor.com and Homes.com all carry Newport’s MLS listings; the search links above open each one filtered to Newport.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).