Commercial Real Estate Market in Newport, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
10 active listings and 84 off-market properties in Newport, NY.
Market Trends
Newport, NY spans 50.3 square miles in Herkimer County, New York. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Newport, NY runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail space in Newport, NY asks $49/SF to buy. Vacancy runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Newport, NY runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in Newport, NY asks $45/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
Newport, NY has 2,099 residents in 973 households. Density runs 42 people per square mile. Median household income here is $83,125 and median gross rent $738 a month.
2,099
Population
973
Households
2.2
Avg Household Size
44
Median Age
18%
College-Educated
92%
High-School Grad
50.3 sq mi
ZIP Area
42
Density / Sq Mi
$83,125
Median Household Income
$46,607
Median Earnings
$738
Median Rent
$160,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Russia | — | — |
| Fairfield | — | — |
| South Trenton | — | — |
| Schuyler | — | — |
Commercial property in Newport, NY asks $110/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Newport?
Commercial property in Newport, NY asks an average of $110 per square foot. Retail carries the highest asking price at $49/SF.
Methodology & data sources
- Asking prices and averages
- Computed from 10 active for-sale and 0 active for-lease listings in Newport, NY. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
