Newberg, OR 97132 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Newberg, OR—97132

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$526,000

0.1% YoY Growth

Household Income

$95,200

49.3% YoY Growth

Days on Market

9.0% Longer YoY

Home Price Forecast

-0.6%

Median Rent

$2,000

2.0% YoY Growth

1-Bed Rent

$1,540

25.0% YoY Growth

2-Bed Rent

$1,620

5.4% YoY Growth

3-Bed Rent

$2,400

5.8% YoY Growth

Home Price Trends — Newberg, OR

As of Dec '25, the median home price in Newberg, OR is $526,000, with a year-over-year change of -0.1%. This indicates that home prices in Newberg, OR are flat. According to Zillow, the 1-year price projection is -0.6%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$526,000	-0.1%
Single Family	$529,000	-0.2%
Condos	$295,000	-0.3%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Newberg, OR

As of July '25, Rentcast reports the average rent in Newberg, OR is $2,070, with a year-over-year rent change of 2.0%. Per bedroom, the median rent as of July '25 in Newberg, OR is 1-bedrooms: $1,300, 2-bedrooms: $1,750, 3-bedrooms: $2,370, 4-bedrooms: $3,040. The most common rental property sizes in Newberg, OR are 2-bedroom and 3-bedroom, accounting for 40.1% and 29.2% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,000	$2,070
Studio Rent	N/A	N/A
1 Bed Rent	$1,540	$1,300
2 Bed Rent	$1,620	$1,750
3 Bed Rent	$2,400	$2,370
4 Bed Rent	$3,000	$3,040

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% of Rental Stock

Studio

9.0%

1 Bedroom

15.1%

2 Bedrooms

40.1%

3 Bedrooms

29.2%

4 Bedrooms

5.5%

5+ Bedrooms

1.1%

Property Listings — Newberg, OR

As of Dec '25, Realtor.com reports that the median days on market for a home in Newberg, OR is 88. This is a increase of 10.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$628,000	-1.0%
Listing Count	131	10.0%
Listings as % of Homes	0.8%	10.0%
Days on Market	85	9.0%

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Demographics — Newberg, OR

As of the latest ACS Survey released in 2023, Newberg, OR has a population of 31,700, which has increased by 7.3% over the past 5 years. Newberg, OR is a moderately popular place for families, as children make up 20.9% of the population. The area has a moderately educated workforce, with 39.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	31,700	7.3%
% Under 18	20.9%	-2.8%
% Seniors	17.5%	14.4%
% WFH	14.9%	125.8%
% w/ College Degree	39.2%	16.0%

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As of the latest ACS Survey released in 2023, Newberg, OR is a predominantly white area, with 75.5% of the population identifying as white. The white population has shrunk by 7.7% in the last 5 years. The second most common race or ethnicity in Newberg, OR is hispanic, making up 14.1% of the population. Foreign-born residents account for 7.3% of the population in Newberg, OR, and this percentage has decreased by 11.0% 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	75.5%	-7.7%
% Black	0.6%	200.0%
% Hispanic	14.1%	16.5%
% Asian	2.8%	55.6%
% Foreign Born	7.3%	-11.0%

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Mortgage and Risk — Newberg, OR

According to HUD data as of 2023, there were 613 mortgage originations in Newberg, OR, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Newberg, OR. Investor activity is low, as 3.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	613
% Conventional Loans	85.0%
% Government Loans	15.0%
% Investor Loans	3.0%
% Second Loans	1.0%
% Cash Out Refinance	9.0%

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Rentals and Section 8 — Newberg, OR

As of 2024, the percent of homes in Newberg, OR under the Section 8 program is 9.3%. 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 and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Newberg, OR, because HUD payments exceed market rent, while 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	386
Total Units Section 8	372
% Rentals under Section 8	9.3%
% Occupied Section 8	88.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$80	$1,540	$1,620
2 Bedroom	$230	$1,620	$1,850
3 Bedroom	$140	$2,400	$2,540
4 Bedroom	-$20	$3,000	$2,980

Newberg, OR—97132

Key Metrics at a Glance

Home Price Trends — Newberg, OR

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Newberg, OR

% of Rental Stock

Property Listings — Newberg, OR

Demographics — Newberg, OR

Race and Ethnicity

Mortgage and Risk — Newberg, OR

Mortgages

Rentals and Section 8 — Newberg, OR

Section 8 Market Size

Section 8 Opportunity

Affordability — Newberg, OR

Home Price to Income Ratio

Newberg, OR — ZIP Code Boundary Map

Nearby ZIP Codes

Dundee, OR

Saint Paul, OR

Hillsboro, OR

Sherwood, OR

Lafayette, OR

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.4
Median Home Price	$526,000
Median Household Income	$95,200

Newberg, OR—97132

Key Metrics at a Glance

Home Price Trends — Newberg, OR

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Newberg, OR

% of Rental Stock

Property Listings — Newberg, OR

Demographics — Newberg, OR

Race and Ethnicity

Mortgage and Risk — Newberg, OR

Mortgages

Rentals and Section 8 — Newberg, OR

Section 8 Market Size

Section 8 Opportunity

Affordability — Newberg, OR

Home Price to Income Ratio

Newberg, OR — ZIP Code Boundary Map

Nearby ZIP Codes

Dundee, OR

Saint Paul, OR

Hillsboro, OR

Sherwood, OR

Lafayette, OR

Frequently Asked Questions

What is the average home price in Newberg, OR 97132?

How have home prices in Newberg, OR 97132 changed over the past year?

What is the home price projection for Newberg, OR 97132?

What are the demographics of Newberg, OR 97132?

How long does it take homes to sell in Newberg, OR 97132?

What is the average rent price in Newberg, OR 97132?