Newport, OR
Housing market overview · Updated weekly
$465,000median sale price
Homes sold
11
Last 12 weeks
Days on market
87
Average pace
Active listings
53
4.8 months supply
Sale-to-list
95.9%
Below asking
The Newport housing market is currently classified as a buyer's market with a median sale price of $465,000. Prices have fallen 22.4% compared to last year, with homes spending an average of 87 days on market, indicating 4.8 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Newport
There are currently 53 homes listed for sale in Newport, Oregon. The median listing price is $793K.
Active listings
53
Homes on market
Median list price
$793K
Avg. days on market
87
Days until sale
New this week
22
Newly listed
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Frequently asked questions
What is the average home price in Newport?
The median home sale price in Newport is $465,000, down 22.4% from last year.
How long do homes stay on market in Newport?
Homes typically spend 87 days on market before going under contract.
Is Newport a buyer's or seller's market?
With 4.8 months of supply, Newport is currently a buyer's market.
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