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Featured local agent — Newport Beach, CA

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Newport Beach, CA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Newport Beach, CA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Newport Beach, CA Housing Market & Real Estate

Leaning buyer's+4.6% YoY

Housing market overview · Updated monthly ·

$3.98Mmedian sale price

How is the Newport Beach, CA housing market right now?

The median home sale price in Newport Beach, CA is $3.98M, up 4.6% year-over-year. Homes sell in an average of 67 days with 424 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Newport Beach a buyer's or seller's market?

Leaning buyer's4.7 months of supply67 avg. days on market

Newport Beach, CA is currently a leaning buyer's, based on 4.7 months of supply and homes selling in about 67 days. How we determine this →

Homes sold

91

Last 12 weeks

Days on market

67

Average pace

Active listings

424

4.7 months supply

Sale-to-list

97.4%

Below asking

What does the Newport Beach housing market data show?

Current housing market statistics for Newport Beach, CA
MetricValue
Median sale price$3.98M
Median list price$3.80M
Year-over-year price change+4.6%
Average days on market67 days
Active inventory424 listings
Months of supply4.7 months
Sale-to-list price ratio97.4%
Median price per sq ft$1,518/sq ft
Homes sold (latest month)91
New listings (latest month)129
Listings with a price cut19.3%
Market conditionLeaning buyer's

Source: Redfin · Updated monthly

How much do homes cost in Newport Beach by property type?

How the Newport Beach, CA market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Newport Beach, CA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$4.62M$1,509/sq ft6271 days
Condo / Co-op$2.45M$1,419/sq ft1971 days
Townhouse$1.14M$914/sq ft552 days

Source: Redfin · Updated monthly

The Newport Beach housing market is currently classified as a leaning buyer's with a median sale price of $3.98M. Prices have risen 4.6% compared to last year, with homes spending an average of 67 days on market, indicating 4.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 23.6x provides context for how home values compare to local earning capacity.

Homes for sale in Newport Beach

There are currently 424 homes listed for sale in Newport Beach, California. The median listing price is $3.8M.

Active listings

424

Homes on market

Median list price

$3.8M

Avg. days on market

67

Days until sale

New this week

129

Newly listed

Price drops:19.3%of listings
Sale-to-list:97.4%

Who lives in Newport Beach?

Population

84,304

Median income

$158,461/yr

Median age

46 years

Owner-occupied

53.1%

College grads

69.6%

Avg commute

23.9 min

Source: U.S. Census Bureau ACS

What are homes worth in Newport Beach?

Zillow home value

$3.73M

Zillow rent index

$4,285/mo

Price-to-rent ratio

72.6x

Price-to-income

23.6x

Source: Zillow Research

What is it like to live in Newport Beach?

Newport Beach is a community of approximately 84K residents with a median age of 46 years.The median household income is $158,461, which reflects a relatively affluent area with strong earning potential. 69.6% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 53.1%, showing a blend of owner and renter-occupied properties. The average commute time is 23.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Newport Beach offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Newport Beach?

10 schools tracked · 8,787 students

The largest public schools serving Newport Beach, CA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Newport Harbor High

Grades 9-12 · 2,217 students

Public

Corona del Mar High

Grades 7-12 · 2,042 students

Public

Suncoast Preparatory Academy

Grades K-12 · 1,067 students

Charter

Horace Ensign Intermediate

Grades 7-8 · 924 students

Public

Mariners Elementary

Grades K-6 · 555 students

Public

Newport Heights Elementary

Grades K-6 · 478 students

Public

Newport Coast Elementary

Grades K-6 · 469 students

Public

Eastbluff Elementary

Grades K-6 · 380 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Newport Beach, CA?

Want a head-to-head view? Compare Newport Beach side-by-side with any other U.S. city using our market-comparison tool.

Is Newport Beach a good real estate investment market?

For investors evaluating Newport Beach, the price-to-rent ratio of 72.6x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 4.6% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Newport Beach's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Newport Beach's median home price.

Frequently asked questions

What is the average home price in Newport Beach?

The median home sale price in Newport Beach is $3.98M, up 4.6% from last year.

How long do homes stay on market in Newport Beach?

Homes typically spend 67 days on market before going under contract.

What is the median income in Newport Beach?

The median household income is $158,461 per year.

Is Newport Beach a buyer's or seller's market?

With 4.7 months of supply, Newport Beach is currently a leaning buyer's.

What is the Zillow home value estimate for Newport Beach?

The Zillow Home Value Index (ZHVI) for Newport Beach is $3.73M, representing the typical home value in the area.

What is the median condo price in Newport Beach?

The median condo/co-op sale price in Newport Beach, CA is $2.45M, compared to $4.62M for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Newport Beach?

The median single-family home price in Newport Beach, CA is $4.62M (about $1,509 per square foot).

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