Market Overview
Home Prices in Newport, MI
The median home value in Newport, MI is $207,830 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.9% compared to a year ago and up 0.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Newport are priced49% below average. Newport is part of the Monroe, MI metro area.
Over the past five years, Newport home values have risen by approximately5.5%, reflecting steady appreciation in this market.
Price History
Newport Home Price Trend
2020
$178,153
$178K
—
2021
$196,944
$197K
+10.5%
2022
$203,224
$203K
+3.2%
2023
$206,058
$206K
+1.4%
2024
$204,823
$205K
-0.6%
2025
$206,021
$206K
+0.6%
2026
$207,830
$208K
+0.9%
City Comparison
Newport vs. National Median
🏠 Newport
$207,830
National Median
$410,000
At $207,830, homes in Newport cost 49% below the national median of $410,000. This makes Newport a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Newport?
20% Down Payment
$41,566
on $207,830
Monthly P&I
$1,084/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,377/mo
incl. taxes & insurance
Income Needed
$55,080
gross annual (30% rule)
10% Down Option
$20,783
+ PMI applies
Loan Amount (20% dn)
$166,264
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Newport, MI?
The median home value in Newport is $207,830 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.9% year-over-year.
How much have home prices changed in Newport?
Over the past year, home values in Newport have increased by 0.9%. Over five years, prices have risen approximately 5.5%.
How much do I need to earn to buy a home in Newport?
To comfortably afford the median home price of $207,830 with a 20% down payment ($41,566) at today's rates (6.8%), you'd need a gross annual income of approximately $55,080. This assumes keeping total housing costs at or below 30% of gross income.
How does Newport compare to the national average home price?
The national median home value is approximately $410,000. At $207,830, homes in Newport are 49% below the national average.
What metro area is Newport part of?
Newport is part of the Monroe, MI metropolitan area. Home prices and market conditions can vary across the broader metro region.