Construction Value
$1.8M ▲ 64.3%
Units Permitted
13 ▲ 62.5%
Avg Value / Unit
$135K
2024 · Census Bureau Building Permits Survey
Construction activity in Newport jumped in 2024, up 62.5% from the prior year with 13 housing units permitted. At $135K per unit, new builds are 45% below the Cocke County average of $244K, indicating more affordable construction. Volume is still modest compared to neighboring towns (84% fewer units than the county average of 82), but the investment per project is strong. 92.3% of new units were multi-family (apartments, condos, duplexes).
Housing Mixi
Development Densityi
Units per building permitted
Mostly single-family with some small multi-unit buildings.
Construction Intensityi
$255
per resident
County avg: $144K-100%
$318K
per square mile
Newport vs. Cocke County Averagei
Where the Money Goesi
Construction value by housing type (2024)
| Type | Units | Bldgs | Value | Share |
|---|---|---|---|---|
| ■ Single-Family | 1 | 1 | $106K | 6% |
| ■ Duplex | 6 | 3 | $450K | 26% |
| ■ 3-4 Unit | 6 | 2 | $1.2M | 68% |
| ■ 5+ Unit | 0 | 0 | — | 0% |
County Ranking by Construction Volume
Among 1 permit-issuing towns in Cocke County
Historical trends, year-over-year analysis, and full permit history available with a paid plan. See products & pricing →