28Alpha

Newport, TN metro area Housing Market Brief

metro · TN · as of August 2026

Buyer's

What is Newport, TN metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
-0.822
Inventory Health25%
-7.032
Affordability20%
+15.627
Economic Strength20%
26
Rental Yield15%
+24.335

Where is Newport, TN metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Newport, TN metro area is classified as Recovering turning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Newport, TN metro area?

Our model forecasts Newport, TN metro area’s home prices to decline about 3.7% over the next 12 months (medium confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Newport, TN metro area housing market data

MetricValueYoY
Median Sale Price$249K-22.5%
Median Days on Market81 days-4.7%
Months of Supply11.6▲ +84.1%
Homes for Sale211▲ +23.4%
Homes Sold19-32.1%
Median Price / Sq Ft$206▲ +16.7%

How has Newport, TN metro area’s Alpha Score moved?

Now: 28
12-period trend
Median sale price · 12 mo

Markets like Newport, TN metro area

Frequently asked questions

Is Newport, TN metro area a buyer's or seller's market?

As of August 2026, Newport, TN metro area is classified as a Buyer's Market, based on its Alpha Score of 28 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Newport, TN metro area?

The median sale price in Newport, TN metro area is $249K, having fallen 22.5% over the past year.

How affordable is Newport, TN metro area?

Newport, TN metro area scores 27 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Newport, TN metro area's Alpha Score?

Newport, TN metro area's strongest dimension is Rental Yield (35/100) and its weakest is Price Momentum (22/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Newport, TN metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.