Newport, RI

Population: 24,779

Number people living below poverty level: 13.3%

Median home price: $496,328

Home price value: $387,001 - $516,000 27.0%

Median rent: $1,890

Percentage of owner occupied: 34.8%

Percent of renters: 65.2%

Percent of vacant homes: 18.4%

Most common home type: SINGLE FAMILY HOMES 38.5%

Average annual home appreciation rate: 4.49%

Median sale price: $490,000

Median foreclosure sale price: no data

Number of homes: 10

Total of homes for sale in this market: 142

Foreclosure discount: no data

Unemployment rate: 5.50%