Home prices
The median home value in Newport is $72,500. It is roughly $11,600 (19%) higher in comparison to its surrounding areas.It is approximately $145,000 (66%) lower compared to the United States as a whole, and is approximately $29,300 (28%) lower compared to the city of Memphis.
Rents
The median monthly rent in Newport is $600. In comparison to nearby areas it is approximately $60 (9%) lower.It is about $462 (43%) lower compared to the rest of the nation, and is roughly $301 (33%) lower compared to the city of Memphis.
Nearby places
Diaz
Diaz is Newport's neighbor to the northwest. Housing prices there are a bit more expensive. The median home in Diaz is valued at $77,000, which comes out to $4,500 (5%) higher than Newport. Rent there is pretty similar. The median monthly rent in Diaz is $584, which comes out to $16 (2%) lower than Newport.
Campbell Station
Campbell Station is approximately 3 miles north of Newport. Real estate prices there are somewhat less expensive. The median home in Campbell Station costs $67,700, which is $4,800 (7%) lower than Newport. Rent there is a lot more expensive. The median monthly rent in Campbell Station is $920, which is $320 (34%) higher than Newport.
Jacksonport
Jacksonport is about 3 miles west from Newport. The real estate prices there are substantially less expensive. Jacksonport's median home price is $36,000, which is $36,500 (101%) lower than Newport. Rent there is a bit more expensive. The median rent in Jacksonport is $644 a month, which comes out to $44 (6%) higher than Newport.
Tuckerman
Tuckerman is roughly 7 miles north of Newport. The real estate prices there are pretty similar. Tuckerman's median home price is $71,400, which is $1,100 (1%) lower than Newport. Rent there is fairly similar. In Tuckerman the median monthly rent is $607, which is $7 (1%) higher than Newport.
Grubbs
Grubbs is about 8 miles east of Newport. Housing prices there are substantially less expensive. The median home in Grubbs costs $52,400, which is $20,100 (38%) lower than Newport. Rents there are somewhat less expensive. Grubbs's median rent is $544 per month, which works out to $56 (10%) lower than Newport.
