Newport, OR—97365
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Newport, OR
Home Price Trends — Newport, OR
As of Oct '25, the median home price in Newport, OR is $447,000, with a year-over-year change of -1.1%. This indicates that home prices in Newport, OR are decreasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $447,000 | -1.1% |
| Single Family | $469,000 | -0.8% |
| Condos | $343,000 | -3.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $252,000 | -8.0% |
2 Bed | $382,000 | -1.5% |
3 Bed | $513,000 | 0.0% |
4 Bed | $624,000 | -1.0% |
| 5 Bed | $725,000 | -1.5% |
% of Housing Stock
Rental Trends — Newport, OR
As of July '25, Rentcast reports the average rent in Newport, OR is $1,890, with a year-over-year rent change of -16.7%. Per bedroom, the median rent as of July '25 in Newport, OR is 1-bedrooms: $1,470, 2-bedrooms: $1,840, 3-bedrooms: $2,140, 4-bedrooms: $2,500. The most common rental property sizes in Newport, OR are 2-bedroom and 3-bedroom, accounting for 44.5% and 28.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,900 | $1,890 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,400 | $1,470 |
| 2 Bed Rent | $1,880 | $1,840 |
| 3 Bed Rent | $2,300 | $2,140 |
| 4 Bed Rent | $2,500 | $2,500 |
% of Rental Stock
Property Listings — Newport, OR
As of Oct '25, Realtor.com reports that the median days on market for a home in Newport, OR is 111. This is a increase of 62.0% 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 | $550,000 | -10.0% |
Listing Count | 90 | 7.0% |
| Listings as % of Homes | 1.0% | 7.0% |
Days on Market | 111 | 62.0% |
Demographics — Newport, OR
As of the latest ACS Survey released in 2023, Newport, OR has a population of 10,900, which has decreased by -3.4% over the past 5 years. Newport, OR is a moderately popular place for families, as children make up 15.4% of the population. The area has a moderately educated workforce, with 31.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,900 | -3.4% |
% Under 18 | 15.4% | -22.6% |
% Seniors | 28.8% | 21.0% |
% WFH | 9.4% | 67.9% |
% w/ College Degree | 31.0% | 5.8% |
As of the latest ACS Survey released in 2023, Newport, OR is a predominantly white area, with 75.1% of the population identifying as white. The white population has shrunk by 1.1% in the last 5 years. The second most common race or ethnicity in Newport, OR is hispanic, making up 16.5% of the population. Foreign-born residents account for 7.9% of the population in Newport, OR, and this percentage has decreased by 1.2% 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 | 75.1% | -1.1% |
% Black | 0.9% | -57.1% |
% Hispanic | 16.5% | 8.6% |
% Asian | 1.4% | -22.2% |
% Foreign Born | 7.9% | -1.2% |
Mortgage and Risk — Newport, OR
According to HUD data as of 2023, there were 131 mortgage originations in Newport, OR, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Newport, OR. Investor activity is low, as 4.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 131 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 4.0% |
% Second Loans | 8.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Newport, OR
Newport, OR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 337 |
Total Units Section 8 | 272 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 100.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$390 | $1,400 | $1,010 |
| 2 Bedroom | -$550 | $1,880 | $1,330 |
| 3 Bedroom | -$440 | $2,300 | $1,860 |
| 4 Bedroom | -$270 | $2,500 | $2,230 |
Affordability — Newport, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.1 |
| Median Home Price | $447,000 |
| Median Household Income | $60,700 |