Section Image

Newport

Newport

Located in Orleans County

$272,073 Average Value
$210 Average Price per Sq Ft
13 Homes For Sale

Newport, Vermont's, small-town lakefront lifestyle

Newport is a small town in Vermont's Northeast Kingdom — the state's scenic northeast region. It rests on the south end of Lake Memphremagog, surrounded by the rolling Green Mountains. It shares the lake with Canada, and the border is just 5 miles north. This location might be rural, but it's a reasonable distance from larger cities in New England and Quebec. "It's just far enough north that it doesn't have a big city feel, but it's close enough to them that you feel like you can move here," says Realtor Craig Crawford with Jim Campbell Real Estate, a lifelong Newport resident. Newport has schools, supermarkets and a small downtown with shops and restaurants. So, people can move here for the peaceful wilderness without having to drive long distances for anything. "There are things to do, but there aren't enough people to bother you," Crawford says. This small town center setting brings the community together on the lake, at Main Street events or at dockside pubs. "When you move here, you'll have ten new friends overnight," Crawford says. "There's always someone to hang out with or help you with something."

New England farmhouses and lakefront mansions

There are no tract developments in Newport. "The closest thing to a community will have homes on quarter- to half-acre lots," Crawford says. Homes have generous outdoor space because there isn't much new construction here. "It's mostly older homes from the late 1800s and early 1900s," Crawford says. "A lot of people would rather move into a nice older house than pay more to build a new one." The median price is about $260,000, which is in the standard range for 1800s New England farmhouses, Cape Cod-style cottages and early-1900s foursquares. Smaller options inland or on the lakefront can start around $150,000. Large lakefront properties start around $400,000, while lakefront mansions can cost over $2 million.

Summers on Lake Memphremagog and winters on the ski slopes

Lake Memphremagog is Newport's foundation. It's the town's source of recreation and scenery, alongside the surrounding Green Mountains. "In the winter, the ski resorts around here, like Jay Peak and Burke, are really popular," Crawford says. "But come summertime, this is a lake town. It's boating, waterskiing and hiking all the time." Boaters can launch from their private dock, public launches or marinas downtown. Even when people aren't fishing or boating on the lake, they can take in the scenery from hiking and mountain biking trails around the wooded shoreline. When the landscape becomes a winter wonderland, skiers can drive less than an hour to northern Vermont's famous slopes. Jay Peak is 20 miles west, and Burke Mountain is about 40 miles south.

Newport's small-town Main Street

Main Street is the heart of downtown Newport. Red brick, flower-lined sidewalks and stately buildings like the Orleans County Superior Courthouse and the Goodrich Memorial Library create the feel for this old-fashioned town center. "There aren't a ton of places to go, just little pubs and bars," Crawford says. "They're the type of places you wouldn't think are busy, but everybody hangs out there." These include cozy wood-paneled bars like Jasper's Tavern and lakefront eateries like the East Side Restaurant and Pub. There are also small grocers, such as Green Mountain Natural Foods. The MAC Center for the Arts is home to local creatives on Main Street, and displays local works. A few miles east of the town center, there are larger stores like Walmart, Price Chopper and Shaw's.

A rural location with schools in town

Many rural New England locations might leave students with a long trip to school, but Newport has schools right in town. The schools are part of the North Country Supervisory Union, where each city and town, like Newport, has a school board. Kids begin at Newport City Elementary, which is on the east side of town and receives a C-minus from Niche. North Country Union Junior High is about 5 miles east and gets a C-plus. North Country Union Senior High is rated a C-minus and is also on the east side of Newport.

Under 250 miles from Boston, Burlington and Montreal

Newport is only about 5 miles from the Canadian border by car or boat. With Interstate 91 nearby, it's a reasonable distance from major cities in New England and Quebec. Montreal, Canada, is about 100 miles northwest, just under a 2-hour drive. Boston is over 200 miles southeast, which is just over 3 hours. Vermont's larger cities are a bit closer. Montpelier, the state capital, is about 60 miles south, and Burlington is 85 miles southwest. Burlington International Airport is where most go for flights.

Ed Coombs
Written By
Ed Coombs

Interested in learning more about homes in this area? Reach out to Brenda Menard, an experienced agent in this area.

Agents Specializing in this Area

See All Agents

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Newport Housing Trends

Housing Trends

Median List Price
$299,000
Median Sale Price
$278,500
Median Single Family Sale Price
$276,000
Median Townhouse Sale Price
$290,000
Median 2 Bedroom Sale Price
$257,500
Median Change From 1st List Price
3%
Last 12 months Home Sales
42
Median Home Sale Price YoY Change
$21
Average Price Per Sq Ft
$210

Neighborhood Facts

Number of Homes for Sale
13
Months of Supply
3.70

Homes for Sale

Distribution of Home Values

Source: Public Records

Average Home Value



Source: Public Records

Property Mix - Square Feet

Newport Has More Owners

Demographics

Total Population
4,925
Median Age
45
Population under 18
19.6%
On par with the national average
23.8%
Population over 65
24%
On par with the national average
19.1%

Finances

Median Household Income
$53,409
Significantly below the national average
$71,702
Average Household Income
$76,161

Education and Workforce

High School Graduates
87.6%
College Graduates
23%
Below the national average
34.1%
Advanced Degrees
9.4%
% Population in Labor Force
52.4%
Below the national average
65.1%

Weather

Annual Precipitation
44''
Average Winter Low Temperature
4°F
Average Summer High Temperature
77°F
Annual Snowfall
51''
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Newport
Brenda Menard
Choice Real Estate & Property Management
Section Image