02840 — Newport, RI Home Values
Typical home value $971,315 as of June 2026 · 4th of 101 in Providence-Warwick, RI-MA
Blue: typical home value (Zillow ZHVI) in ZIP code 02840, June 2021 to June 2026. This page shows observed data only; no forecast.
How 02840 compares in the Providence-Warwick, RI-MA area
ZIP code 02840 (Newport, RI) has a typical home value of $971,315 as of June 2026, ranking 4th of 101 ZIP codes tracked in the Providence-Warwick, RI-MA area, more expensive than about 97% of ZIP codes in the metro. Prices here have moved +7.9% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +42.0%, from $683,947 in June 2021 to $971,315 in June 2026. Against observed rent, the typical home here sells for 25.6× the annual rent ($3,166/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Providence-Warwick, RI-MA forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Providence.
Population and demographics
ZIP code 02840 has a population of 23,615, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 76% White, 9.6% Hispanic or Latino, 7% Black or African American, 4.6% two or more races, 1.4% Asian, 0.7% American Indian or Alaska Native, and 0.7% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Rogers High School | 15 Wickham Road, Newport, RI | 0.6 mi |
| Newport Area Career Tech Ctr | 15 Wickham Rd, Newport, RI | 0.6 mi |
| Frank E. Thompson Middle | 55 Broadway, Newport, RI | 1.1 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 02840?
$971,315 as of June 2026, the latest month Zillow has published observed data for.
Is 02840 an expensive ZIP code in the Providence-Warwick, RI-MA area?
02840 ranks 4th of 101 ZIP codes in the Providence-Warwick, RI-MA area by typical home value, more expensive than about 97% of ZIP codes in the metro.
How much have home values in 02840 changed over the past year?
+7.9% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 02840?
The typical home price is 25.6× the observed annual rent in this ZIP code ($3,166/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 02840?
23,615, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 02840?
Rogers High School (0.6 mi), Newport Area Career Tech Ctr (0.6 mi), Frank E. Thompson Middle (1.1 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 02840?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Providence-Warwick, RI-MA forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.