Why Live in Newport
Newport, a residential neighborhood with a population of around 4,000, is situated along the Mississippi River, just a few miles southeast of Saint Paul. The area is known for its strong sense of community and historical charm, featuring homes dating back to the mid-1800s. Housing styles range from 1920s bungalows and 1930s Tudors to mid-20th-century Cape Cods, ramblers, and split-level homes. More recent constructions include townhouses from the 1980s to early 2000s and Craftsman-style homes in the Bailey Meadows neighborhood. Newport Elementary School, with a high rating, serves the community's younger students, while older students attend the highly rated East Ridge High School, located about 2 miles away. The neighborhood features several parks, including Loveland Park and Bailey School Forest Park, offering recreational activities like baseball, basketball, and nature trails. Local dining options include Tinucci’s, known for its prime rib, and North Pole Restaurant, famous for its homestyle meals and unique décor. Although there are no grocery stores within Newport, residents can shop at Hy-Vee, located about 2 miles south. The area is safer than the national average, and commuting to Saint Paul takes roughly 10 minutes via U.S. Routes 10 and 61.
Frequently Asked Questions
What is the average home price in Newport, MN?
Homes for sale in Newport, MN have an average home price of $388,772.
How many homes have sold over the last 12 months in Newport, MN?
39 homes have sold in Newport, MN over the last 12 months.
What are the most popular zip codes in Newport, MN?
How much do you need to make to afford a house in Newport?
The median home price in Newport is $352,000. If you put a 20% down payment of $70,400 and had a 30-year fixed mortgage with an interest rate of 6.67%, your estimated principal and interest payment would be $1,810 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $78K a year to afford the median home price in Newport.
How are the schools in Newport, MN?
Home Trends in Newport, MN
On average, homes in Newport, MN sell after 43 days on the market compared to the national average of 50 days. The median sale price for homes in Newport, MN over the last 12 months is $359,000, up 5% from the median home sale price over the previous 12 months.
Median Sale Price
$359,000
Median Single Family Sale Price
$345,000
Median Townhouse Sale Price
$310,000
Average Price Per Sq Ft
$191
Number of Homes for Sale
1
Last 12 months Home Sales
39
Median List Price
$352,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
5%