Newport, RI 02840 Housing Market
- Active listings35currently for sale
- Pending sales5under contract
- Median asking price$1,225,000current listings
- Listing age85 daysmedian time Resideline has been seeing the current listings
- Closed sales tracked (6 mo)181a tracked sample, not a market total
- Median sold price$950,000last 6 months
- Middle half of sold prices$725k to $1.64M25th to 75th percentile
What the numbers say
As of September 14, 2026, Resideline is tracking 35 active listings and 5 pending sales in ZIP code 02840. That pending-to-active ratio of 0.14 points to a balanced market: buyers have room to compare options and negotiate.
The median asking price of current listings is $1,225,000, while the median of the 181 closed sales Resideline tracked over the last six months was $950,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 02840 for 85 days.
Frequently asked questions
What is the median home price in 02840?
The median closed sale price in Newport, RI 02840 was $950,000 over the last six months, based on 181 closed sales tracked by Resideline. The middle half of those sales ranged from $725,000 to $1,639,000.
Is 02840 a buyer's or seller's market?
Resideline is currently tracking 5 pending sales against 35 active listings in 02840, a pending-to-active ratio of 0.14. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 02840 currently looks like a balanced market.