Market Intelligence Report — TN-460

Newport, TN

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-TN-09
As of the latest 2026 data
Cooling

Median Listing

$390K
+0.1% YoY

Pending Ratio

0.27
+3.0% YoY

Active Inventory

195
+20.0% YoY

Median DOM

80 Days
-2.7% YoY

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The market is currently cooling, characterized by a pending ratio of 0.27. While the median listing price shows a modest year-over-year increase of 0.1%, active listings have expanded by 20.0% over the past year, indicating a loosening of supply relative to demand.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Newport market right now.

Inventory growth continues, with active listings up 20.0% and new listings up 15.0% year-over-year. This expansion in supply is outpacing demand, as evidenced by the pending ratio remaining at 0.27, despite a 3.0% year-over-year increase. The median listing price has shown minimal appreciation, rising only 0.1% over the past year, while the median days on market saw a slight reduction of 2.7%.

Historical Analysis

Market Trends

Median Price

$390K-1.3% MoM

Active Inventory

195+20.0% YoY

Days on Market

80-2.7% YoY

Sold Score™

18+3.0% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

18
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The current market dynamics suggest a moderated pace for transactions, with increasing inventory reducing immediate pressure on available properties. Price discipline is becoming more critical for sellers as the volume of active listings expands. Negotiating leverage is shifting as supply outpaces absorption.

Luxury Segment

The average listing price has increased by 5.2% year-over-year, exceeding the 0.1% increase in the median listing price, and the median $/sqft saw a 3.2% rise. This suggests that higher-priced properties may be maintaining or even slightly improving their value more than the broader market, contributing to an elevated average versus median spread.

Supply Dynamics

195 active listings represent the current floor, with new supply arriving at roughly 46 per month.

Pricing Pressure
27.3%

of active listings carry a price reduction, +0.2% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +3.2% year-over-year.

Absorption
0.27

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Newport, TN? Inventory is up 20% from last year.

Buyers have leverage in Newport, TN. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
27%
Median Days on Market
80 days
Inventory YoY
+20%

In a buyer's market, strategy beats timing. See how your home scores in Newport, TN and what moves the number.

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Metro Demographics

Metro Area
Newport, TN
CBSA Code
35460
State
TN
Analysis FAQ
  • What is the current market condition in Newport?+

    As of the latest 2026 data, the Newport metro is classified as Cooling. Pending ratio is 0.27 with median days on market at 80.

  • Are home prices dropping in Newport?+

    Median listing price is $390K, +0.1% year over year. 27.3% of active listings carry a price reduction.

  • How fast are homes selling in Newport?+

    The typical listing sits 80 days on market, a -2.7% change YoY. New listings are arriving at 46 per month.

  • What's happening in the Newport luxury market?+

    The average listing price has increased by 5.2% year-over-year, exceeding the 0.1% increase in the median listing price, and the median $/sqft saw a 3.2% rise. This suggests that higher-priced properties may be maintaining or even slightly improving their value more than the broader market, contributing to an elevated average versus median spread.

  • Where can I find a trusted Newport real estate expert?+

    Primpted maintains a vetted registry of Newport agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 35460 · 36mo history