Is Newport, IN 47966 a buyer’s or seller’s market?
Newport is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Newport housing market right now
In the three months ending August 31, 2026, 0% of homes in Newport, IN 47966 sold above their list price and the typical home went under contract in 0 days. With only 1 sale, these figures can swing a lot from month to month.
Within Vermillion County, homes here sell faster than in 80% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Perrysville 47974 (100% sold over asking) and Dana 47847 (50% sold over asking) are even more competitive.
Run the numbers for 47966
Nearby markets
Cayuga 47928Seller’s market $68 /sq ftClinton 47842Seller’s market $109 /sq ftDana 47847Balanced $74 /sq ftHillsdale 47854Buyer’s market — /sq ft Browse all markets →Where Newport is
Loading map…
Questions about Newport real estate
How fast do homes sell in Newport?
The typical home went under contract in 0 days in the latest three months.
Do homes in Newport sell over asking?
0% of homes sold above their original list price.
What are property taxes in Newport?
About 0.69% of a home’s value a year in Vermillion County, or roughly $2,760 on a $400,000 home.
What is the median home price in Newport?
The median sale price was $49,978 in the three months ending August 31, 2026.
Local agents
See all agents in 47966 →No sponsored agents in 47966 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 47966
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology