Newport Beach, CA—92625
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Newport Beach, CA
As of Oct '25, the median home price in Newport Beach, CA is $3,985,000, with a year-over-year change of 2.8%. This indicates that home prices in Newport Beach, CA are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $3,985,000 | 2.8% |
| Single Family | $4,885,000 | 2.8% |
| Condos | $2,499,000 | 5.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $2,482,000 | 5.5% |
3 Bed | $3,730,000 | 2.1% |
4 Bed | $5,726,000 | 1.5% |
| 5 Bed | $7,157,000 | 1.1% |
% of Housing Stock
Rental Trends — Newport Beach, CA
As of July '25, Rentcast reports the average rent in Newport Beach, CA is $6,650, with a year-over-year rent change of -1.3%. Per bedroom, the median rent as of July '25 in Newport Beach, CA is studios: $3,620, 1-bedrooms: $3,540, 2-bedrooms: $6,220, 3-bedrooms: $8,550, 4-bedrooms: $9,620. The most common rental property sizes in Newport Beach, CA are 2-bedroom and 3-bedroom, accounting for 37.8% and 34.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $6,850 | $6,650 |
| Studio Rent | $3,250 | $3,620 |
| 1 Bed Rent | $3,500 | $3,540 |
| 2 Bed Rent | $6,100 | $6,220 |
| 3 Bed Rent | $8,800 | $8,550 |
| 4 Bed Rent | $9,800 | $9,620 |
% of Rental Stock
Property Listings — Newport Beach, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Newport Beach, CA is 76. This is a decrease of -3.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $5,500,000 | 4.0% |
Listing Count | 101 | 1.0% |
| Listings as % of Homes | 1.0% | 1.0% |
Days on Market | 76 | -3.0% |
Demographics — Newport Beach, CA
As of the latest ACS Survey released in 2023, Newport Beach, CA has a population of 12,300, which has increased by 1.5% over the past 5 years. Newport Beach, CA is a moderately popular place for families, as children make up 19.7% of the population. The area has a highly educated workforce, with 72.7% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 27.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,300 | 1.5% |
% Under 18 | 19.7% | 35.9% |
% Seniors | 28.8% | -12.5% |
% WFH | 27.1% | 160.6% |
% w/ College Degree | 72.7% | 7.4% |
As of the latest ACS Survey released in 2023, Newport Beach, CA is a predominantly white area, with 76.7% of the population identifying as white. The white population has shrunk by 5.3% in the last 5 years. The second most common race or ethnicity in Newport Beach, CA is hispanic, making up 10.2% of the population. Foreign-born residents account for 15.1% of the population in Newport Beach, CA, and this percentage has increased by 18.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 76.7% | -5.3% |
% Black | 0.0% | -100.0% |
% Hispanic | 10.2% | 13.3% |
% Asian | 7.5% | 17.2% |
% Foreign Born | 15.1% | 18.9% |
Mortgage and Risk — Newport Beach, CA
According to HUD data as of 2023, there were 111 mortgage originations in Newport Beach, CA, of which 99.0% of loans were conventional mortgages. The average loan-to-value was 41.0%, with 0.0% above 90% LTV (normal). This implies small mortgage risk in Newport Beach, CA. Investor activity is low, as 3.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 111 |
% Conventional Loans | 99.0% |
% Government Loans | 1.0% |
% Investor Loans | 3.0% |
% Second Loans | 14.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Newport Beach, CA
As of 2024, the percent of homes in Newport Beach, CA under the Section 8 program is 4.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Newport Beach, CA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 100 |
Total Units Section 8 | 100 |
% Rentals under Section 8 | 4.6% |
% Occupied Section 8 | 96.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $180 | $3,500 | $3,680 |
| 2 Bedroom | -$1,750 | $6,100 | $4,350 |
| 3 Bedroom | -$2,910 | $8,800 | $5,890 |
| 4 Bedroom | -$2,770 | $9,800 | $7,030 |
Affordability — Newport Beach, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 17.5 |
| Median Home Price | $3,985,000 |
| Median Household Income | $198,000 |