Newport Beach, CA—92663
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 $2,503,000, with a year-over-year change of 5.4%. 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 | $2,503,000 | 5.4% |
| Single Family | $3,389,000 | 5.5% |
| Condos | $1,304,000 | 3.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $813,000 | -1.2% |
2 Bed | $1,422,000 | 4.5% |
3 Bed | $2,401,000 | 5.2% |
4 Bed | $3,961,000 | 4.6% |
| 5 Bed | $5,634,000 | 4.0% |
% of Housing Stock
Rental Trends — Newport Beach, CA
As of July '25, Rentcast reports the average rent in Newport Beach, CA is $5,790, with a year-over-year rent change of 42.3%. Per bedroom, the median rent as of July '25 in Newport Beach, CA is studios: $2,630, 1-bedrooms: $3,750, 2-bedrooms: $5,550, 3-bedrooms: $6,670, 4-bedrooms: $7,360. The most common rental property sizes in Newport Beach, CA are 2-bedroom and 1-bedroom, accounting for 31.5% and 26.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $5,500 | $5,790 |
| Studio Rent | $2,500 | $2,630 |
| 1 Bed Rent | $3,550 | $3,750 |
| 2 Bed Rent | $4,990 | $5,550 |
| 3 Bed Rent | $6,990 | $6,670 |
| 4 Bed Rent | $7,400 | $7,360 |
% 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 79. This is a increase of 14.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 12.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $4,150,000 | 14.0% |
Listing Count | 84 | 15.0% |
| Listings as % of Homes | 0.4% | 15.0% |
Days on Market | 79 | 14.0% |
Demographics — Newport Beach, CA
As of the latest ACS Survey released in 2023, Newport Beach, CA has a population of 21,600, which has remained stable by 0.1% over the past 5 years. Newport Beach, CA is a less popular place for families, as children make up 10.1% of the population. The area has a highly educated workforce, with 63.7% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 26.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 21,600 | 0.1% |
% Under 18 | 10.1% | -22.3% |
% Seniors | 21.9% | 23.0% |
% WFH | 26.1% | 196.6% |
% w/ College Degree | 63.7% | 6.2% |
As of the latest ACS Survey released in 2023, Newport Beach, CA is a predominantly white area, with 81.1% of the population identifying as white. The white population has grown by 1.6% in the last 5 years. The second most common race or ethnicity in Newport Beach, CA is hispanic, making up 13.4% of the population. Foreign-born residents account for 10.7% of the population in Newport Beach, CA, and this percentage has increased by 12.6% 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 | 81.1% | 1.6% |
% Black | 0.2% | -71.4% |
% Hispanic | 13.4% | 13.6% |
% Asian | 2.7% | -44.9% |
% Foreign Born | 10.7% | 12.6% |
Mortgage and Risk — Newport Beach, CA
According to HUD data as of 2023, there were 225 mortgage originations in Newport Beach, CA, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 42.0%, with 1.0% above 90% LTV (normal). This implies small mortgage risk in Newport Beach, CA. Investor activity is low, as 4.0% 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 | 225 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 4.0% |
% Second Loans | 12.0% |
% 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 1.7%. 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. In Newport Beach, CA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 93 |
Total Units Section 8 | 93 |
% Rentals under Section 8 | 1.7% |
% Occupied Section 8 | 83.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$910 | $3,550 | $2,640 |
| 2 Bedroom | -$1,870 | $4,990 | $3,120 |
| 3 Bedroom | -$2,770 | $6,990 | $4,220 |
| 4 Bedroom | -$2,360 | $7,400 | $5,040 |
Affordability — Newport Beach, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 15.1 |
| Median Home Price | $2,503,000 |
| Median Household Income | $138,000 |