Home prices
The median home in Newport costs $90,100. Compared to nearby areas it is about $79,760 (46%) lower.It is approximately $127,400 (58%) lower compared to the entire nation, and is roughly $46,200 (33%) lower in comparison to the city of Knoxville.
Rents
In Newport the median rent is $484 a month. Compared to its surrounding areas this is about $211 (30%) lower.Compared to the nation as a whole it is approximately $578 (54%) lower, and it is approximately $361 (42%) lower compared to the city of Knoxville.
Nearby places
Parrottsville
Parrottsville is about 6 miles northeast from Newport. Housing prices there are significantly less expensive. The median home in Parrottsville is valued at $62,500, which works out to $27,600 (44%) lower than Newport. Rents there are somewhat more expensive. The median rent in Parrottsville is $625 per month, which works out to $141 (22%) higher than Newport.
Baneberry
Baneberry is roughly 7 miles northwest from Newport. The real estate prices there are significantly more expensive. The median home in Baneberry is valued at $253,800, which works out to $163,700 (64%) higher than Newport. Rent there is a lot more expensive. In Baneberry the median monthly rent is $738, which is $254 (34%) higher than Newport.
White Pine
White Pine is roughly 11 miles northwest of Newport. Its real estate prices are a little more expensive. White Pine's median home value is $122,000, which comes out to $31,900 (26%) higher than Newport. Rents there are a little more expensive. The median monthly rent in White Pine is $559, which comes out to $75 (13%) higher than Newport.
Dandridge
Dandridge is roughly 12 miles northwest from Newport. The real estate prices there are significantly more expensive. Dandridge's median home cost is $159,300, which is $69,200 (43%) higher than Newport. Rent there is a lot more expensive. The median monthly rent in Dandridge is $832, which is $348 (41%) higher than Newport.
Pittman Center
Pittman Center is about 17 miles southwest of Newport. Real estate prices there are significantly more expensive. The median home in Pittman Center costs $251,700, which comes out to $161,600 (64%) higher than Newport. Its rents are a lot more expensive. The median rent in Pittman Center is $721 per month, which works out to $237 (32%) higher than Newport.