Newport Real Estate Market

Newport Market

The median sale price for homes in Newport over the last 12 months is $184,000.


The median mortgage debt is $107,746.

Additional Statistics for Single Family Homes and Condos in Newport, OR
$287,880
Median Listing Price
102
Median Days on Market
215
Active Listings
1.9%
Distressed Listings
(foreclosures and short sales)
Newport, OR Price Trends - Sold vs. Listed
The median list price in May for single family homes in Newport is $292,450. The list prices dropped by -2.35% from the previous month.

The price per square foot for listings in this area is $180.

The median sale price in December for single family homes is $142,500. The sale prices dropped by -45.19% from the previous month.

The price per square foot for sales in this area is $86.

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Newport, OR Market Inventory Trends

The number of active listings in Newport increased by 8.4% from the previous month.

The median number of days active properties have been listed is 117.

The number of sales in December dropped by 9.1% from the previous month.

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Newport, OR Property Ownership

Newport has a high % of unoccupied properties. It is 7.31% more than the national average. This can drive sales prices down.

The percent of owner occupied properties in Newport is 21.99% below the national average.

The percent of rental properties in Newport is 17.48% above the national average which is typical for urban areas.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.