Newport, Penobscot County, ME Housing Trends, Rent, Price-to-Rent

Market Summary

Newport, Penobscot County, ME

Median Home Price Price

$245,751 $245.8K

Median Monthly Rent Rent

$1,106 $1.1K

GRM

19.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Newport, ME is $1,106, with MoM change +$12 and YoY change +$91 pointing to positive momentum while volatility is low (std $23).

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Metric

Base market Newport, ME

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Delta vs base

Median rent

$1,106

N/A

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Median price

$245,751

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YoY change

+$91

N/A

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Price-to-rent

18.5x

Data unavailable

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