Newport, OR Housing Market & Real Estate

Buyer's market-22.4% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Newport, OR is $465,000, down 22.4% year-over-year. Homes sell in an average of 87 days with 53 active listings. The market is currently a buyer's market.

$465,000median sale price

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

Buyer's market4.8 months of supply87 avg. days on market

Newport, OR is currently a buyer's market, based on 4.8 months of supply and homes selling in about 87 days. How we determine this →

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

Newport, OR market data

Current housing market statistics for Newport, OR
MetricValue
Median sale price$465,000
Median list price$793,000
Year-over-year price change-22.4%
Average days on market87 days
Active inventory53 listings
Months of supply4.8 months
Sale-to-list price ratio95.9%
Market conditionBuyer's market

Source: Redfin · Updated weekly

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

Price drops:13.2%of listings
Sale-to-list:95.9%

Top public schools in Newport

4 schools tracked · 1,787 students

The largest public schools serving Newport, OR 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 High School

Grades 9-12 · 684 students

Public

Newport Middle School

Grades 6-8 · 447 students

Public

Sam Case Elementary

Grades 3-5 · 373 students

Public

Yaquina View Elementary

Grades K-2 · 283 students

Public

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

Explore nearby cities in OR

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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