Newport Beach, CA—92661
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 $4,208,000, with a year-over-year change of 1.5%. This indicates that home prices in Newport Beach, CA are increasing. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $4,208,000 | 1.5% |
| Single Family | $4,590,000 | 1.5% |
| Condos | $1,847,000 | 6.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $2,315,000 | 4.3% |
3 Bed | $3,768,000 | 2.9% |
4 Bed | $5,526,000 | 2.0% |
| 5 Bed | $7,443,000 | 2.5% |
% of Housing Stock
Rental Trends — Newport Beach, CA
As of July '25, Rentcast reports the average rent in Newport Beach, CA is $5,680, with a year-over-year rent change of -3.1%. Per bedroom, the median rent as of July '25 in Newport Beach, CA is studios: $1,800, 1-bedrooms: $2,600, 2-bedrooms: $5,490, 3-bedrooms: $6,400, 4-bedrooms: $7,240. The most common rental property sizes in Newport Beach, CA are 2-bedroom and 3-bedroom, accounting for 73.9% and 14.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $5,900 | $5,680 |
| Studio Rent | $1,700 | $1,800 |
| 1 Bed Rent | $2,700 | $2,600 |
| 2 Bed Rent | $5,000 | $5,490 |
| 3 Bed Rent | $6,000 | $6,400 |
| 4 Bed Rent | $7,200 | $7,240 |
% 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 66. This is a decrease of -4.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $6,170,000 | 7.0% |
Listing Count | 40 | -3.0% |
| Listings as % of Homes | 0.9% | -3.0% |
Days on Market | 66 | -4.0% |
Demographics — Newport Beach, CA
As of the latest ACS Survey released in 2023, Newport Beach, CA has a population of 3,100, which has decreased by -4.0% over the past 5 years. Newport Beach, CA is a less popular place for families, as children make up 10.0% of the population. The area has a highly educated workforce, with 57.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,100 | -4.0% |
% Under 18 | 10.0% | 20.5% |
% Seniors | 27.2% | 7.1% |
% WFH | 23.0% | 198.7% |
% w/ College Degree | 57.5% | -5.7% |
As of the latest ACS Survey released in 2023, Newport Beach, CA is a predominantly white area, with 71.8% of the population identifying as white. The white population has shrunk by 15.0% in the last 5 years. The second most common race or ethnicity in Newport Beach, CA is hispanic, making up 10.3% of the population. Foreign-born residents account for 7.6% of the population in Newport Beach, CA, and this percentage has decreased by 10.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 71.8% | -15.0% |
% Black | 0.0% | -100.0% |
% Hispanic | 10.3% | 53.7% |
% Asian | 2.3% | -17.9% |
% Foreign Born | 7.6% | -10.6% |
Mortgage and Risk — Newport Beach, CA
According to HUD data as of 2023, there were 43 mortgage originations in Newport Beach, CA, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 37.0%, with 2.0% above 90% LTV (normal). This implies small mortgage risk in Newport Beach, CA. Investor activity is low, as 14.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 43 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 14.0% |
% Second Loans | 21.0% |
% Cash Out Refinance | 16.0% |
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 0.1%. 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 | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $230 | $2,700 | $2,930 |
| 2 Bedroom | -$1,530 | $5,000 | $3,470 |
| 3 Bedroom | -$1,310 | $6,000 | $4,690 |
| 4 Bedroom | -$1,590 | $7,200 | $5,610 |
Affordability — Newport Beach, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 17.3 |
| Median Home Price | $4,208,000 |
| Median Household Income | $210,000 |