Is Newport, KY 41071 a buyer’s or seller’s market?
Newport is a balanced market. With about 4.4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 48% of U.S. ZIP codes, and #65 of 160 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Newport housing market right now
In the three months ending August 31, 2026, 21% of homes in Newport, KY 41071 sold above their list price, the typical home went under contract in 17 days and there were 4.4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 90 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 26%, homes sold more slowly (9 days then) and the median sale price fell 6% to $265,885. Overall, Newport is less competitive than a year ago, which gives buyers more room.
Within Campbell County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Newport ranks #65 of 160 KY ZIP codes with enough sales (score 48 out of 100).
Nearby, buyers who want less competition could look at Melbourne 41059 (0% sold over asking) or Dayton 41074 (10% sold over asking), while Silver Grove 41085 (100% sold over asking) and Bellevue 41073 (35% sold over asking) are even more competitive.
Run the numbers for 41071
Nearby markets
Alexandria 41001Seller’s market $185 /sq ftBellevue 41073Seller’s market $215 /sq ftCalifornia 41007Seller’s market $147 /sq ftDayton 41074Seller’s market $157 /sq ft Browse all markets →Towns like Newport nearby
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Questions about Newport real estate
Is Newport a buyer’s or seller’s market?
A balanced market: there were 4.4 months of supply in Newport, KY 41071 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Newport?
The typical home went under contract in 17 days in the latest three months.
Do homes in Newport sell over asking?
21% of homes sold above their original list price, and the typical sale closed at 97.8% of the list price.
What are property taxes in Newport?
About 1.01% of a home’s value a year in Campbell County, or roughly $4,040 on a $400,000 home.
What is the median home price in Newport?
The median sale price was $265,885 in the three months ending August 31, 2026, about $190 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology