Homes For Sale & Real Estate in 02840

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United StatesRhode IslandNewport02840

02840 Real Estate Insights

ZIP code 02840 is located in Newport, Rhode Island.

One of the great things about ZIP code 02840 is the abundance of restaurants - breakfast joints, French and seafood - perfect for meeting up with you friends and having a fun evening. No matter the occasion, the nightlife here offers a great variety of options to choose from. Whatever the day of the week, let yourself be whisked away by one of the various popular artistic and cultural hotspots such as museums, music halls and performing arts spots around ZIP code 02840. Jump start your fun here here after work and on weekends thanks to the wide variety of activities that you can partake in such as playing at the park, tennis and playing at the beach. There are plenty of choices to satisfy shoppers of all kinds, such as jewelers, fashion stores and pop-up shops, adding further allure to it being such a short travel to the best stores in the region. For those that prefer to walk to work, you'll be in good company among many of the residents in ZIP code 02840.

Due to the fact that ZIP code 02840 features a significant number of renter-occupied residential properties and a comparatively low percentage of owner-occupied homes, the nature and type of residents living within this community frequently changes. Expect to find more academically charged activities, as this place is home to a high percentage of college-educated adults. With plenty of unmarried residents in ZIP code 02840, you'll find that your neighbors are quite a tolerant bunch if you're coming and going at all hours.

In ZIP code 02840's real estate market, the average listing price increased 4.7 percent year-over-year to reach $753,850 from $719,894 last year. In terms of inventory, the number of homes for sale increased marginally year-over-year by 1.5 percent, a positive trend for future house hunters looking to buy a piece of this area's real estate. If you hate the hassle of carpet and prefer walking on hardwood, the houses in ZIP code 02840 with beautiful hardwood floors will be just right for you. Do laundry on your own schedule with one of the homes in this locale with in-unit laundry rooms that provide plenty of privacy. Because quite a few residential properties in ZIP code 02840 have swimming pools, it is a great place for sun lovers to live.