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Updated May 2026 · Redfin · 3-month window

02840 Real Estate Market Update: Newport, RI, May 2026

The latest housing-market numbers for ZIP code 02840 in Newport, Rhode Island, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.

ZIP 02840 · Newport, RI · May 2026 · Source: Redfin
MetricValueMoMYoY
Median sale price$963K▲ +2.3%▼ -6.1%
Days on market62▼ -25.3%▲ +14.8%
Homes for sale76▲ +2.7%▼ -24.0%
Sale-to-list97.5%▲ +0.6%▼ -1.1%
Homes sold76▲ +35.7%▲ +28.8%

Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.

What the 02840 numbers say

The 02840 ZIP in Newport is cooling. The median sale price sits at $962,500, 6.1% below last year. The market has loosened: a typical listing now takes around 62 days to go under contract, with sellers getting 97.5% of list price.

Based on 76 recent sales, 02840 is currently an active market.

What this means if you sell in 02840

Use these figures to set expectations early. Lead a listing appointment with the median price and the 62-day pace, show the year-over-year direction, and frame 02840 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.

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Frequently asked: the 02840 housing market

What is the median home price in ZIP 02840 (Newport, RI)?
As of May 2026, the median sale price in ZIP 02840 is $962,500 (-6.1% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
Is ZIP 02840 a buyer's or seller's market right now?
ZIP 02840 is currently an active market, based on a 97.5% sale-to-list ratio, about 62 days on market for May 2026.
How long do homes take to sell in ZIP 02840?
A typical listing in 02840 goes under contract in about 62 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
Where does this 02840 market data come from?
All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.

More Rhode Island markets

All Rhode Island ZIP codes →All US ZIP-code updates →

Nearby Rhode Island ZIP codes

02886 · Warwick02893 · West Warwick02816 · Coventry02889 · Warwick02864 · Cumberland02920 · Cranston02904 · Providence02908 · Providence02906 · Providence02895 · WoonsocketAll Rhode Island ZIP codes →

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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.