Comprehensive market data and analysis• Updated Dec 2025
3.0 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 1 | 1 | 1 |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 1 | 1 | 2 |
Acreage buckets
The median price for land in Newport, Rhode Island is currently $3.5M per acre. For a typical parcel, the median sale price is $650K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $370K while premium lots reached $930K.
Newport, Rhode Island is currently a seller's market with 3.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Newport, Rhode Island currently has 3.0 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
There are currently 1 active listings in Newport, Rhode Island. The median asking price is $1.1M.
The 3-month absorption rate in Newport, Rhode Island is 33.3%. The 12-month rate is 16.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Newport, Rhode Island saw 2 properties sold, totaling $1.3M in sales volume. In just the last 3 months, 1 properties changed hands.
Land in Newport, Rhode Island typically sells within 31 days of listing. The median time on market is 31 days. Properties are moving quickly in the current seller's market.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
