Why Live in Newport
Newport, Kentucky, once known for its mob ties and speakeasies, has transformed into a vibrant entertainment district. Located less than 2 miles from Cincinnati, Newport is home to approximately 14,000 residents and offers a mix of urban and quieter residential areas. The city features a renowned aquarium, live music venues like the Thompson House, and the Newport on the Levee shopping mall, providing numerous things to do. Newport's historic character is preserved in neighborhoods like Mansion Hill, where Victorian and Italianate homes grace the riverfront. The city's eclectic downtown on Monmouth Street boasts vintage shops and diners, while Newport Pavilion offers big box stores. Public parks, such as General James Taylor Park, offer playgrounds and picnic areas, and the floodwall remains a significant landmark. At Ralph Mussman Recreation Complex, locals can enjoy tennis matches or visit the skate park. Newport is well-connected through TANK public buses and the Southbank Shuttle, facilitating easy commutes to Cincinnati and Covington. The Cincinnati/Northern Kentucky International Airport is just 14 miles away, providing access to over 50 nonstop destinations. Additionally, Newport hosts events like Riverfest, where residents can watch fireworks illuminate the Cincinnati skyline.
Home Trends in Newport, KY
On average, homes in Newport, KY sell after 51 days on the market compared to the national average of 70 days. The median sale price for homes in Newport, KY over the last 12 months is $1,103,297, up 484% from the median home sale price over the previous 12 months.
Median Sale Price
$1,103,297
Median Single Family Sale Price
$87,000
Median 2 Bedroom Sale Price
$1,140,203
Average Price Per Sq Ft
$166
Number of Homes for Sale
2
Last 12 months Home Sales
84
Median List Price
$985,000
Median Change From 1st List Price
-2%
Median Home Sale Price YoY Change
484%