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
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.
Get Newport market alerts
Weekly updates on prices, inventory, and trends. Free forever.