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Newport, TN

Full City Profile · Tennessee · Cocke County County

2.7 /5.0
C+ Fair
6,881 Population 1,244/sq mi density
$40,096 Median Income $23,525 per capita
$124,300 Home Value $224,053 Zillow
$780 Median Rent 28.5% income on rent
59°F Avg Temperature 310 sunny days/yr
973 Violent Crime/100K 8,739 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$40,096 median income, 0.3% unemployment
A+
Affordability
4.9 / 5.0
$124,300 home value, $780/mo rent
F
Safety
1.0 / 5.0
973 violent crimes/100K (156% above avg)
C
Education
2.0 / 5.0
13.1% bachelor's degree or higher

Housing Overview

Median Home Value
$124,300
56% below
US avg: $281,900
Median Rent
$780/mo
33% below
US avg: $1,163/mo
Homeownership Rate
48.6%
26% below US avg (65.4%)
Total Housing Units
3,531
Median year built: 1974

Home Value by Source

Census Median
$124,300
Zillow (ZHVI)
$224,053
Median Sale Price
$229,000
Median List Price
$334,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

48.6%
Owner-Occupied
51.4%
Renter-Occupied
49%
51%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$882/mo
1 Bedroom
$924/mo
2 Bedroom
$1,118/mo
3 Bedroom
$1,445/mo
4 Bedroom
$1,644/mo
Census median rent: $780/mo

Market Indicators (Redfin)

Median Days on Market
114 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
5
Price Drops
23.8%
of listings with price reduction
Price Per Sq Ft
$176
Active Inventory
21
homes for sale

Affordability & Housing Stock

Rent Burden
28.5%
of renters spending 30%+ of income on housing
8% below US avg (31.0%)
Median Year Built
1974
Average age of housing stock: 52 years
Homeownership Rate
48.6%

Complete Housing Data

Home Values

Census Median Value$124,300
Zillow Home Value (ZHVI)$224,053
Median Sale Price$229,000
Median List Price$334,000
Price Per Sq Ft$176

Rent

Census Median Rent$780
FMR Studio$882
FMR 1-Bedroom$924
FMR 2-Bedroom$1,118
FMR 3-Bedroom$1,445
FMR 4-Bedroom$1,644

Market

Days on Market114
Sale-to-List Ratio1.0%
Price Drops23.8%
Homes Sold5
Active Inventory21
Price Per Sq Ft$176

Ownership & Stock

Owner-Occupied48.6%
Renter-Occupied51.4%
Homeownership Rate48.6%
Total Housing Units3,531
Median Year Built1974
Rent Burden28.5%