From January through March of 2017, there were 13 homes sold, with a median sale price of $152,500 - a 9.2% decrease over the $168,000 median sale price for the same period of the previous year. There were nine homes sold in Newport in the first quarter of 2016.
The median sales tax in Newport for the most recent year with available data, 2015, was $2,280, approximately 1.5% of the median home sale price for the first quarter of 2017.
The following table compares Newport to other Washington County cities with similar median sales prices in the first quarter of 2017:
| City | Jan. - Mar. 2017 Home Sales | Jan. - Mar. 2016 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2017 Median Sales Price | Jan. - Mar. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Forest Lake | 48 | 67 | -28.4% | $248,000 | $179,000 | 38.5% |
| Bayport | 9 | 3 | 200% | $239,900 | $187,000 | 28.3% |
| Oak Park Heights | 19 | 15 | 26.7% | $238,500 | $160,000 | 49.1% |
| Lakeland | 3 | 5 | -40% | $235,000 | $272,400 | -13.7% |
| Willernie | 1 | 3 | -66.7% | $235,000 | $220,000 | 6.8% |
| Cottage Grove | 109 | 104 | 4.8% | $226,000 | $216,000 | 4.6% |
| Hugo | 52 | 59 | -11.9% | $213,750 | $192,579 | 11% |
| Oakdale | 86 | 104 | -17.3% | $176,750 | $183,500 | -3.7% |
| St. Marys Point | 2 | 1 | 100% | $167,750 | $35,000 | 379.3% |
| St. Paul Park | 12 | 21 | -42.9% | $162,000 | $148,000 | 9.5% |
| Newport | 13 | 9 | 44.4% | $152,500 | $168,000 | -9.2% |
Alerts Sign-up